UK Fixed Income Rates & Strategic Portfolio Product Control – ASSISTANT VICE PRESIDENT recruitment
Barclays Capital is the investment banking division of Barclays Bank PLC employing 25,000 people worldwide. We have the global reach, advisory services and distribution power to meet the needs of issuers and investors, providing solutions to your strategic advisory, financing and risk management needs.
Product Control has a critical role within the organisation. There is a close working relationship with the trading desks and other areas focusing on control, service and reporting. We are a central point of contact for many issues that affect the bank including new product approval, model validation and independent verification of derivative valuations. By placing a heavy emphasis on information technology and focusing on project work we are able to address control and operational risks and meet our internal and external obligations
The Balance Sheet and Controls team is a critical part of the UK FI Rates and Strategic Portfolio Product Control group, which is aligned to support the FI Rates trading and Strategic Portfolio business.
The Fixed Income Rates business aims to be one of the leading liquidity providers in the derivatives and Government bond markets and to offer an integrated sales, trading and research service to the client base comprising investor business, corporates, financial institutions and hedge funds. We are a market leader in this asset class.
Strategic Portfolio is a global fixed income portfolio, focused on interest rate risk management by taking a longer term view on interest rates.
The Balance Sheet and Controls team currently consists of 7 members. The successful candidate will report directly to the Vice President in the team and s/he will have the opportunity to work with a diverse group of talented individuals across a number of business areas and departments. Most importantly, the successful candidate will have the opportunity to grow through our on-the-job training and professional development program as well as provide support and act as liaison to the FI Rates trading and Strat Portfolio business within a controlled environment.
Skills / Experience required:
- Strong/numerate degree
- ACA/CIMA/ACCA qualified preferred or Msc in numerate/quantitative degree
- Derivative experience in a prior product control or valuation role in FI or Interest rate products
- Experienced driving initiatives directly with business and senior management directly
- Ability to work closely and confidently with FO
- A strong communicator who can direct business initiatives
- Strong understanding of controls
- Experienced in guiding and managing teams
- Strong financial awareness
Our goal is to be the best-in-class finance function, contributing to the success of Barclays Capital through the provision of independent control and trusted advice.
We believe that the engagement and commitment of our people is essential to our department’s and firm’s success. We hire and encourage the brightest talent, and as we place so much value on our people, we give them every opportunity to develop and prosper.
Internal mobility and career development are both key parts of our culture. Transferring internally supports career progression and helps employees achieve long-term goals. We actively encourage our people to pursue opportunities throughout the firm and support them in making relevant transitions. To highlight this commitment, a number of activities and events are held throughout Finance, across geographies to promote mobility, networking and development including, specialised training courses, careers fairs and speed networking.