Join us as an AVP - Strategic Transactions Group at Barclays, where you’ll structure, execute and manage complex initiatives on behalf of Barclays as principal that provide material tax and/or capital benefits. You will work on all aspects of structured transactions from early stage/inception through to full development, approvals, execution and post-execution – dealing with a wide range of stakeholders both internally and externally.
To be successful as an AVP - Strategic Transactions Group, you should have experience with:
- Working in a team within a top-tier investment bank, accounting firm or law firm with experience working on structured finance transactions.
- Experience with IFRS / US GAAP accounting, US tax and US / UK bank regulatory capital rules.
- Time management and capability to work independently on a number of priorities and to tight deadlines.
Other highly valued skills include:
- Excellent educational background, preferably from a technical or quantitative discipline.
- Excellent communication skills. Demonstrable ability to articulate highly detailed and inter-connected concepts clearly
- Problem solving, quantitative and modelling skills
- An understanding of the components, economics, and application of various financial instruments
You may be assessed on 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 based in New York
Salary/rate minimum $125,000
Salary/rate maximum $147,000
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 structure, execute and manage complex transactions and other initiatives to be implemented on behalf of Barclays as principal that provide material tax and/or capital benefits to the organisation.
Accountabilities
- Identification of new, strategic opportunities for the organisation which would make material contributions to profit after tax (/ returns) and capital.
- Conception of complex transactions / solutions which are capable of being implemented to capture the potential PAT/capital benefits from strategic opportunities that have been identified.
- Development, implementation and ongoing management of all aspects (including robust controls) of the transactions and/or initiatives that the strategic transactions group is responsible for implementing.
- Engagement with counterparties to our transactions, as well as external counsel (principally corporate law and tax law), external accountancy firms (principally in relation to tax).
- Development and maintenance of deal models that set out the detailed terms of complex financial instruments, cash flows, accounting, tax and economic benefits associated with a transaction over its life cycle.
- Engagement with senior stakeholders across the organisation and taking transactions through a comprehensive set of governance (e.g. tax approvals, transaction approvals, board approvals, Exco approvals, business level approvals, product level approvals).
- Development, review and execution of a comprehensive suite of transaction documentation, in conjunction with external counsel.
Assistant Vice President Expectations
- To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
- Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
- If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
- OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
- Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
- Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
- Take ownership for managing risk and strengthening controls in relation to the work done.
- Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
- Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
- Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
- Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
- Influence or convince stakeholders 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.