Residential Warehouse Junior Trader VP

Join us as a Residential Warehouse Junior Trader VP, where you will have the chance to join the Securitized Products team that manages the residential loan portfolio business. In this role you will assess market value of portfolios, set trade level haircut, and spread for each product that the business is mandated to lend against. You will work with internal risk partners to monitor and formulate risk parameters, provide guidance for the business platform governance and development and maintain/enhance client relationships in close partnership with the internal team.

To be successful as a Residential Warehouse Junior Trader VP, you should have:

• Ability to act as a trader within the business, managing elements of structuring, pricing and execution, client engagement and post trade follow ups

• Residential loan portfolio management previous experience

• BS degree in finance, economics, or related field

• Proficiency with Microsoft Office (Word, Excel, PowerPoint, Outlook) 

Some other highly valued skills may include:  

• Ability to work in a dynamic, fast paced and high-pressure environment

• Good verbal and written communication skills to drive franchise business

• Knowledge of trading infrastructure and systems

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role is located in our New York, New York office.

This role is regulated by FINRA.

Minimum Salary: $155,000
Maximum Salary: $250,000

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any another type of compensation or benefits that may be available.

Purpose of the role

To execute trades and manage risk within a defined portfolio of financial instruments and staying informed about market trends and developments to make informed trading decisions. 

Accountabilities

• Execution of buy and sell orders or pricing of liquidity in various financial instruments while adhering to the bank's trading strategies and risk parameters.
• Monitoring and analysis of global financial markets, economic indicators, news, and geopolitical events to identify trading opportunities and assess market risks.
• Management and monitoring of the risk associated with the trading portfolio and ensuring compliance with regulatory and internal risk management guidelines.
• Collaboration with research analysts and other teams to gather insights and information for trading decisions.

Vice President Expectations

• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.