Assistant Manager (BA4) - 90243280
Posting Range:16 Oct 2019 - 18 Oct 2019
Job Title: Assistant Manager (BA4)
Global Derivative Operations is responsible for ensuring all asset classes of OTC Derivatives, namely Interest Rate, Credit, Equity, Government Bond and Foreign Exchange are controlled and settled in an efficient and cost effective manner. Departmental functions include payment and funding procedures, rate resetting, Nostro and brokerage reconciliation and strategic product support.
The department is proactive in implementing state of the art systems and procedures to support our OTC Derivative asset classes in London, North America and Asia Pacific, participating in leading edge industry initiatives. Our goal is to lead our peer group in implementing straight through processing for the OTC Derivative business while maintaining a low cost centre of excellence to support our global client base.
What will you be doing?
Meet agreed service delivery standards for quality and timeliness break resolution
Have a strong understanding of regulatory environment and be aware of recent regulatory changes applicable for OTC market
Provide independent oversight over the status of the control environment for the unit responsible for ensuring all deadlines are met in a timely manner and issues are communicated to senior management immediately
Act as subject matter expert and ‘go to’ point of contact for the desk and escalation
Facilitate resolution of aged breaks and escalate on ‘high risk’ break items
Providing good customer service and communicating with clients, trade support or front office and respond promptly to queries
Actively set and support a culture of continual improvement and target setting for the team.
Set stretching objectives for self and team and deliver against those objectives
Lead, motivate, and develop teams to create a high performance culture and enhance the knowledge base, skills, talent and capability
Demonstrate effective use of performance development, share best practice, identify successors and develop a culture of coaching and development
Communicate progress against plans, achievements and challenges. Encourage feedback in addition to ensuring that the teams have the correct training and tools to undertake their duties to the highest standards, delivering a world class service to Barclays’ clients
Perform appraisals for team lead layer, providing guidance and career support
Be able to confidently speak to the challenges faced by the team during high level break report meetings with senior stakeholders, taking ownership and responsibility for breaks held by the group
Continually analyze business information to identify process and system improvements for increasing business efficiency and effectiveness and play an active role in overseeing their successful implementation
Document process flows and identify key process changes required to improve efficiencies. Evaluate cost versus benefit. Implement action plans and conduct working group sessions for projects. Identify technology needs that would streamline the end-to-end process
What we’re looking for:
Comprehensive knowledge and experience in managing the operations of FX, MM, NDF Products
Strong ability to communicate and build strong relationships with Clients, Infrastructure and Front Office stakeholder
Exceptional interpersonal and excellent verbal and written communication skills to confidently and independently manage a team with effective time and people management ensuring all deliverables are met and/or exceeded
Ability to identify risk in any process and ensuring that effective controls are designed
Strong analytical skills and detail orientated
Understand the concept of FX settlements mode (i.e. CLS, gross and net-settlements)
Detail-oriented with the ability to multi-task, prioritize work assignments, communicate effectively with internal staff and clients
Skills that will help you in the role:
Strong focus on risk and controls
Flexible attitude to hours
Good service/client orientation
Attracts top talent with an eye toward team and culture fit; helps transition on to team quickly for speed to productivity
Uses delegation, development, feedback and coaching effectively to deliver results and retain talent; viewed as effective by direct reports
Deals with performance issues in a direct and timely manner; makes difficult decisions when necessary
Ability to work under pressure and multi-task
Ability to influence others whilst providing support in a high pressure environment and capability to work independently.
Strong interpersonal skills and extensive communication experience at various levels.
Where will you be working?
Be More at Barclays
At Barclays, each day is about being more – as a professional, and as a person. ‘Be More @ Barclays’ represents our core promise to all current and future employees. It’s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.
Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. Our values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our colleagues. Simply put, success is not just about what you achieve, but about how you achieve it.
We aim to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to our vision and goals.
Our customers are unique. The same goes for our colleagues. That's why at Barclays we offer a range of benefits, allowing every colleague to choose the best options for their personal circumstances. These include a competitive salary and pension, health care and all the tools, technology and support to help you become the very best you can be. We are proud of our dynamic working options for colleagues. If you have a need for flexibility, then please discuss this with us.