TFI Risk and Analytics AVP

Job description

About Barclays

Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US.
With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide . Please visit our website here for more information.

Treasury's TFI Risk & Analytics

The Treasury function is responsible for the management and execution of the Group's capital, funding and liquidity risks and requirements to meet its purpose which is to balance the supply and demand of money and capital to create sustainable value.

Treasury Funding and Investment (TFI) is responsible for the efficient funding of the firm, management of the liquidity pool, hedging of liquidity and balance sheet related risks and ensuring that the Barclays fulfils all of its relevant liquidity regulatory requirements.

The Risk and Analytics team within the Treasury Funding and Investments (TFI) function is responsible for providing oversight and development of trading tools and infrastructure, analytical capabilities and provision of management information in order to support the teams investment, hedging and liability management activities, as well as supporting their risk control and governance frameworks. This includes ensuring that production processes are implemented and supported in the appropriate strategic QA and IT platforms.

Role Purpose

Responsible for the development of trading tools to support investment, hedging and liability management activities and plays a support role in overseeing IT and QA change work impacting TFI. The role also provides analytical support to the traders and helps to develop TFI's risk control frameworks.

Key Accountabilities
· Responsible for supporting the team in the design and implementation of the trading tools technology. This will include working with other members of the team to build tactically on-desk and assist in the effort to migrate onto strategic platforms.
· Support the R&A team in their role to shape IT strategy and prioritisation to achieve business objectives against a background of scarce IT resources. The role holder will assist in tracking and prioritization of IT development work.
· Engaging with multiple units across the Treasury space to understand trading requirements, ensuring to maintain constant visibility and communication lines remain open in the process.
· Supporting TFI and team members in technology projects (e.g. communicating requirements of TFI to business analysts, testing of new technology, and assisting the desk with adopting new technology).
· Understanding and digest requirements of projects and plan workload appropriately.
· Interpret the MI demands and ensure MI is provided on a consistent, regular and reliable basis. Play a support role to the R&A team in anticipating any future MI needs across Treasury and help to establish infrastructure required to service such requests.

Over the next two year period, the successful candidate will provide support to the R&A team in delivering the following deliveries:
· Treasury Transaction Architecture migrating off Charms onto TCW, including market data consistency, trade representations, reconciliation of risk and P&L, reporting and flash P&L mechanisms. This provides a common Treasury Transactional Architecture that is critical to structural reform.
· Treasury Transaction Architecture migrating off T0PL onto Beowulf. Again, this will include market data consistency, reconciliation of risk and P&L, reporting and flash P&L mechanisms.
· The migration of curve publishing off spreadsheets onto T-Liro. This represents a significant delivery in terms of governance and accuracy around the economic curve marking.
· Evolution of the Hypercube Reporting platform, critical to the TFI business.
· Involvement in SRP commitments to create and support TFI in Barclays UK.

Stakeholder Management and Leadership
· Understand the requirements of multiple Treasury stakeholders.
· Work closely with the D's and VP's of Asset Liability Management (ALM), the Investment Function (IF), Funding and Investment (FSTI) within TFI; and with Funds Transfer Pricing (FTP), Funding and Liquidity Management (FLM), CME and Planning and Forecasting in wider Treasury.
· Work in close partnership with Group Market Risk (GRM), Finance, Information Technology, Operations and Quantitative Analytics.
· Ensure that presentation (e.g. of MI) is consistent and appropriate for audience.

Decision-making and Problem Solving
· Help to drive IT work to reflect needs of the Treasury business and related projects.
· Contribute to project management of strategic treasury projects (e.g. Structural Reform, Target Operating Model, Strategic Transfer Pricing, TSY balance sheet database, Global Model Review).

Other
· Encouraged to participate in Treasury and Organizational initiatives such as Citizenship agenda, Diversity Networking, and Graduate/Intern recruitment, People Initiatives.

Person Specification
· Undergraduate or equivalent degree. Strong preference is for a degree in a numerical discipline.
· Markets (Fixed Income/Treasury Product) background is desirable – e.g. Front office trading, risk management of trading book, or technology support for FO team. Candidate will either have Front Office experience or will have worked very closely with the Front Office.
· Strong IT skills are essential. One or more of SQL, Python, VBA, Matlab, R. In depth knowledge of Markets' Macro (Rates) technology stack is preferred (eT / TCW, TMS, T0PL, BeoWulf). Also Hypercube and/or QRM exposure is desirable.
· Strong understanding of technology and business processes
· Ability to understand and build numerical models.
· Works independently and delivers with accuracy and attention to detail.
· Good communication skills, displaying a ability to communicate complex ideas to a diverse audience across all areas and grade.
· Intellectual honesty and curiosity.
· An ‘influencer'. Is able to understand the challenges facing Barclays' Treasury and influence positive outcomes.
· Subscribes to and can demonstrate Barclays Values

Risk and Control Objective
· All Barclays colleagues have to ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards
· Provide MI and analysis, as required by business, to perform control and supervision of trading activity.
· Assist in ensuring that IT development supports the control environment and efficiency of MI, risk reporting and governance.
· Demonstrate an understanding of the data required to perform limit setting and control decisions.


Benefits
Our customers deserve the best. The same goes for our employees. That's why at Barclays you'll receive a range of benefits that include a competitive salary and all the tools, technology and support you need to succeed.

Our Culture
Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. The values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our employees. Simply put, success is not just about what you achieve, but about how you achieve it.

Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager.

Barclays is an equal opportunity employer and are opposed to discrimination on any grounds. For more detailed information, please visit our dedicated Diversity and Inclusion site here .