Director, Prime Risk Manager

New York, United States

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Date live: Oct. 11, 2022

Business Area: Barclays International

Area of Expertise: Investment Banking

Reference Code: 90277831

Contract: Permanent/Regular

Where will you be located?

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Prime Risk Manager

New York, 745 Ave

The Prime Services US Risk Manager will oversee risk taking activities by and for our clients within Prime. The responsibilities include in depth analytics of financial instruments across platforms, products and asset classes. The Prime Risk Manager will navigate relationships with Sales, Trading, Compliance, IT, Legal, Credit and Market Risk partners, as well as having Senior Management accountability within Prime Finance and Equity division. The role is client facing and involves working independently as well as working alongside Sales with prospective and existing Prime clients.

The Prime business covers global clients, and Risk Managers within the team, while specialize within respective regions, cover clients globally and interact with global Prime Finance teams and control partners.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

What will you be doing?

Valuation of financial instruments and development of risk and margin methodologies.
In depth research to calibrate and invent new margin product offering as well design of new risk factors and their mitigation.
Problem solving include analytical risk decisions with clients and internally. Client facing and decision making.

What we’re looking for:

Knowledge of financial markets, financial instruments, their pricing models, across multiple asset classes (Equities, Fixed Income, Rates, FX, linear and non-linear) and multiple product platforms (central clearing, OTC, complex structuring, cash and TRS).
An affinity for risk and pricing analysis of these instruments in the context of client portfolios and for principal positions.
Someone who is detail orientated with strong quantitative decision making skills.
The successful candidate should work well with control partners (Legal, Credit Risk, etc.) and have the ability to manage stakeholders on risk decisions.

Skills that will help you in the role:

Advanced degree in Math, Financial Math, Operational Research, Stats, Computer Science
Ability to performs independent research to develop new and enhance existing model frameworks
Knowledge of financial instruments, their risk analytics and pricing for rates, volatility and equity and equity linked linear and nonlinear products
Experience handling clients’ business within Prime Services
Programming skills
Experience with global markets (US and EMEA)

Where will you be working?

You will be working at our Americas Headquarters at 745 Seventh Avenue. This 37-story office tower is located in Times Square in the heart of Manhattan and features a cafeteria, fitness center and state-of-the-art LED signage on the facade of the building.

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.

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