Equities Market Risk Reporting recruitment
Department Overview
Barclays moves, lends, invests and protects money for customers and clients worldwide. With over 300 years of history and expertise in banking, we operate in over 50 countries and employ over 140,000 people.
We provide large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs. Our clients also benefit from access to the breadth of expertise across Barclays. We're one of the largest financial services providers in the world, and are also engaged in retail banking, credit cards, corporate banking, and wealth and investment management.
For further information about Barclays, please visit our website www.barclays.com.
It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law. MRE Production delivers risk reporting (VaR and position reporting) across all asset classes on a daily basis to senior management, risk managers and the desks.
This role is for an Analyst for the VaR position reporting team in New York, covering Global Equities. This is an exciting opportunity which will deliver extensive exposure to different trading strategies is use throughout the global equities trading business for the bank, including derivatives, algorithmic trading, and OTC trading. The position has arisen to replace a key individual and offers a great opportunity to learn, as well as develop relationships with senior management and stakeholders.
Main Function
The main functions of the role include the following:-
· To be the point of contact for regional and global Risk Managers in relation to all work carried out by MRE
· Production of daily VaR for the Equities Business, including resolution of queries and ensuring completeness of VaR.
· Analyze change in daily VaR for the Equities Business and investigate significant moves.
· Production of daily risk reports for Senior Management, Front Office and Risk Managers, ensuring completeness and ensuring development of new reports meets MRE standards
· Building and maintaining relationships across the bank from Risk Managers to upstream systems.
· To ensure that policies and procedures are adhered to and standards raised, especially in relation to Key Reports and Limit maintenance
· Produce management information (MI) on VaR changes/drivers and Position reporting
· Periodic detailed reviews of risk for specific businesses to improve confidence in reporting
Person Requirements
Basic Qualifications:
- Bachelors degree
- 2+ years of VaR experience
- Must have market risk management/ reporting experience in Equity products, both cash and OTC.
- Must have prior experience in market risk/ risk reporting/ VBA SQL
Preferred Qualifications:
- Post Graduate or Professional Qualification in a numerate subject/finance/business degree
- Must have advanced excel/VBA skills and preferably SQL skills to build tools that will help in carrying out the responsibilities in this role
- Ability to communicate effectively
- Excellent team player with the ability to also lead the team and work independently on mini-projects when required
- Ambitious, focused and able to work well under pressure
- Self-motivated, takes ownership of responsibilities assigned to him/her
- Ability to co-ordinate work with various teams in the bank and get results
- Proven ability to work under pressure and balance priorities
Willing to question existing processes in a tactful manner *LI