VP, Trading & Sales Assistant - Macro

Join Barclays as a VP, Trading & Sales Assistant - Macro, where you will directly support the US based Rates Sales desks within the front office. You will act as first-line support for Sales, helping to ensure the timely, accurate and controlled capture of new trades and lifecycle events across the relevant trade capture and workflow systems. The role will involve Sales Assistance tasks including coordinating new trades, unwinds, novations and restructures, and working closely with Trading, Operations, Legal, Middle Office, Risk and other support teams to resolve client and desk issues quickly and effectively. You will be expected to build a strong network across the relevant functions, understand the full lifecycle of Rates Derivatives trades exceptionally well, and proactively challenge existing processes to identify improvements, reduce risk and strengthen desk support.

To be successful as a VP, Trading and Sales Assistant - Macro, you should have:

• Previous Rates Trading or Sales experience, ideally gained in a front-office or closely aligned Trading and Sales Assistant capacity

• Knowledge of Interest Rate Derivatives, with the ability to understand, book and support complex trade structures across the full trade lifecycle

• Understanding of trade capture, pricing, amendments, unwinds, novations, restructures and post-trade lifecycle events

• Working knowledge of MarkitWire and the wider workflow required to confirm, process and resolve Rates Derivatives trade issues

• Attention to detail, risk awareness and the ability to operate accurately under pressure in a fast-paced client and sales environment

Other highly valued skills and experience:

• Ability to quickly build a strong internal network across Sales, Trading, Operations, Middle Office, Legal, Risk and Technology to coordinate issue resolution for clients and the desk

• Proactive mindset, with the confidence to challenge existing processes and identify opportunities to improve control, efficiency and service quality

• Communication skills, with the ability to manage priorities, escalate effectively and provide clear updates to Sales, clients and internal stakeholders

• Knowledge of Microsoft Excel; VBA, SQL or Python experience would be advantageous

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

This role is located in New York, NY.

Minimum Salary: $125,000

Maximum Salary: $160,000

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

Purpose of the role

To maintain the smooth and efficient operation of our trading desks, providing operational support and expertise to traders, sales professionals, and other key stakeholders, helping them maximize their productivity and minimize disruptions and handling administrative tasks, and providing market information and research. 

Accountabilities

• Provision of immediate and efficient technical support to traders and sales professionals on the trading desks, resolving hardware, software, and network-related issues to ensure uninterrupted trading activities.
• Coordination of trade execution by liaising with traders, clients, and other internal teams to ensure smooth transactions.
• Maintenance and updating of trade records, transaction logs, and client databases accurately.
• Reports, presentations, and documentation preparation to support sales and trading activities.
• Monitoring of market data and assist in the analysis of financial information for trading decisions.
• Operational tasks such as processing trades, confirming orders, and resolving trade discrepancies.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• 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 be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• 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.