IBMO Analyst

Luxembourg, Luxembourg

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Date live: Oct. 11, 2022

Business Area: COO & Functions

Area of Expertise: Treasury

Reference Code: 90284279

Contract: Permanent/Regular

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Overall purpose of role

Investment Bank Middle Office (IBMO) is a global function within Barclays providing transaction management and settlement services across all asset classes to the businesses. Middle Office is non-revenue producing but is essential to managing risk and ensuring that transactions are executed correctly. They are considered an essential part of a company's infrastructure.

Overall Purpose of Role

The role holder will provide control and oversight functions to the Equity Financing, Strategic Transaction Group, Structured Financing and Strategic Investments businesses. In addition to this, the team partner with the businesses to develop robust and scalable operational support models for bespoke Financing trade strategies. Structures typically traded by this business are complex and span multiple asset classes (including Equity + Fixed Income Securities, Derivatives, FX, Credit and direct capital investments) and operational functions.

Key Accountabilities

Performing an oversight function for bespoke strategies, ensuring that all transactions are handheld through pre-execution to settlement.
Co-coordinating and implementing change initiatives to drive efficiency and enhance control framework
Liaising with the structuring team to ensure that that any complex operational issues are identified escalated and resolved.
Engaging Operations areas in a timely manner to ensure support for new trading activity both from a process and resource perspective
Acting as liaison between Front Office and Support areas to ensure issues affecting business strategies are promptly resolved
Performing daily reconciliations, ensuring breaks are kept to a minimum, escalating issues in a timely fashion to Management and the Front Office
Effective and timely query management and issue resolution
Contributing to and coordinating strategic projects from a Luxembourg Middle Office perspective, gathering and providing requirements, conducting testing and measuring benefits of solutions implemented
Ensuring departmental controls across all functions are maintained by all team members and that controls are enhanced and adapted accordingly in line with new technology or changes to existing workflow and procedures
Ensuringall daily tasks performed by the team are executed in a timely and accurate manner with minimal errors

Decision-making and Problem Solving

The role holder must possess a desire to learn and apply their knowledge to complex operational issues. The role holder should have a logical approach when presented with such queries and be able to escalate when necessary and seek support, if needed, to ensure swift resolution of issues if they arise.

Risk and Control Objective

Ensureall activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.

Person Specification

Qualification / Education Preferred:

2.1 Degree or equivalent qualification

Experience Required:

Previous experience in a similar role
Strong Product Knowledge across Fixed Income, Derivatives, FX and Credit asset classes (Equity knowledge also preferable)
Previous experience of autonomously driving change within their role, streamlining processes to increase control and capacity
Previous active involvement in strategic IT projects – providing requirements, challenging solutions, coordinating and conducting UAT testing
Strong track record of execution and results, high level of drive to meet deadlines and targets.

Experience Preferred:

Middle or Back Office experience

Project Management experience

Skills / Aptitude Required:

Motivated, self starter with experience of working in a high pressure environment
Ability to prioritise, be flexible and respond to changing environments
Excellent problem solving skills – ability to devise creative but workable solutions to complex operational issues
Has clearly demonstrated strong leadership and influencing skills
Works autonomously in their current role
Strong communications skills at all levels
Strong organisational skills
Desire and commitment to “make a difference”

Skills / Aptitude Preferred:

VBA, MS Excel & Access skills

Risk and Control Objective

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.

Purpose and Values

Barclays has a single cross-business Purpose for Barclays and five core Values which underpin it.

Our Purpose is to create opportunities for people to rise- customers, clients, colleagues and society. Put simply this is the answer to the question ‘What is Barclays for?’ and it should guide our every action as employees.

Respect

We respect and value those we work with, and the contribution that they make.

Integrity

We act fairly, ethically and openly in all we do.

Service

We put our clients and customers at the centre of what we do.

Excellence

We use our energy, skills and resources to deliver the best, sustainable results.

Stewardship

We are passionate about leaving things better than we found them.

More about working at Barclays

Our approach to hybrid working ensures there’s the right balance of working alongside colleagues at our onsite locations, as required for each role. For business areas that offer a hybrid working experience, this will be in a structured way, where colleagues work at an onsite location on fixed, ‘anchor’, days of the week. Some roles may require full onsite working. Please discuss the working pattern requirements for the role you are applying for with the hiring manager.

We continue to embed and review our hybrid working environment and remain in a phase of testing and learning. This means that working arrangements could change, with reasonable notice, to align with the needs of our business.

Barclays welcomes applications from all candidates and is committed to ensuring reasonable adjustments (accommodations) are put in place to allow for a fair and inclusive recruitment process. For more information and how to request one, please review Adjustments to the recruitment process.

We’re committed to providing an inclusive culture and environment, that recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees globally to work flexibly empowers each of us to work in a way that suits our lives, as well as enabling us to better service our customers’ and clients’ needs.

Our approach to working flexibly is designed to support you to balance your life and to accommodate diverse needs, whilst still allowing us to meet our business needs. If you’d like to request a flexible working arrangement, please discuss this with your hiring manager.

We're committed to providing a supportive and simplified experience for our candidates throughout the application and assessment process. Here, you will find information about what to expect and some guidance around your assessment and interview.

While the application process depends on the role, there are some constant steps, which are;

Step 1 - Your application
Step 2 - Your assessment
Step 3 - Your interview
Step 4 - Next steps

We aim to create an inclusive work environment where everyone can reach their full potential. If you require any adjustments to our recruitment process, please click here to learn more.

Find out more information here.

Barclays offers a diverse, inclusive and engaged culture. A place where people can bring their whole selves to work and be respected for who they are, valued for what they do and celebrated for their contribution to our business and our community.
We are an equal opportunity employer and opposed to discrimination on any grounds. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, colour, 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.

Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.

The Barclays Way

This is the spirit of Barclays. It’s why we exist, what we believe and how we behave. But most importantly, it’s how we make decisions, take action and get things done.

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