Asset Finance Middle Office Analyst

Whippany, United States

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Date live: Oct. 11, 2022

Business Area: COO & Functions

Area of Expertise: Operations

Reference Code: 90273152

Contract: Permanent/Regular

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Asset Finance Middle Office Analyst

Whippany, NJ USA

As a Barclays Asset Finance Middle Office Analyst, you will act as a liaison between the trading desk, banking and other infrastructure areas. Ensuring the front to back trade flow and risk representation in trade capture systems are completed timely and accurately, along with the economic details of trades are agreed with counterparties. Your role will sit within Investment Bank Middle Office (IBMO), which is a global function that sits under the Global Markets Operations umbrella.

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?

• Tying out the final funding population with investors and facilitate the settlement process
• Ensuring all trade bookings and transaction events are coordinated and accurately booked and coordinated for each settlement cycle and to the terms of the agreement(s)
• Being responsible for Servicer Remittance Processing and tying out final servicer reports to loans purchased or financed
• Ensuring fees, interest, and principal activity is collected, processed, and recorded pursuant to terms of agreement and Barclays accounting policy
• Facilitate the execution of a New Issue by working with banking and syndicate trading to obtain DTC eligibility and close the deal
• Following up on failed trades and reconfirm economic details with counterparties, working with settlements and Transaction Capture Utility(TCU) to clear failing trades
• Monitoring real time transaction flow, trade updates, and exception queues to ensure timely and accurate trade representation and flow to the front and back office systems
• Coordinating with various settlements groups to resolve any trade settlement, cash and stock breaks, security set up or matching issues

What we’re looking for:

• Bachelor’s Degree in finance or related field
• Experience in a Middle Office or Operations role within Financial Services

Skills that will help you in the role:

• Asset Finance, Repo, Syndicate New Issue experience
• Experienced with residential mortgage loan data attributes / mortgage collateral files
• Thorough understanding of cash and financing Fixed Income Instruments and the life cycle of the trade
• Excellent problem solving, technical, written and verbal communication, organizational, and interpersonal skills

Where will you be working?

At Barclays, we are proud to be redefining the future of finance and here at Whippany we are defining the future of the workplace and the future of the way we work and live. We are creating a unique community, one of four strategic tech-enabled hubs that will redefine opportunity for everyone who works here.

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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