Vice President - Financing Securities MO

​​Step into the role of Vice President - Financing Securities MO at Barclays, where you'll ensure processing is of the highest standard, whilst meeting agreed SLAs, and being mindful of risk, efficiency, budget and personal conduct.

You may be assessed on key critical skills relevant for success in role such as:

• Securities Middle Office is responsible for the effective functioning and/or monitoring of all  Fixed Income and Equity Financing Operations related activities.  It is a front to back client service function supporting cash Securities business including trade processing, break resolution and client reporting. The group interacts with the Financing desk, Execution desks, Stock Loan, clients, other operations areas, finance, and IT on a daily basis.

• The VP will help manage client trade activity related to both Equity and Fixed Income products, ensuring the team’s daily activity is processed and risk and control items are mitigated in a timely manner. The role will also require extensive daily interaction with both internal and external clients. They will serve as the primary escalation contact for Client Service and Sales teams.

• Overseeing the team’s daily trade processing across all financing & billing activities.

• Ensuring the team properly captured trades by the firms in- house systems and where necessary, manually enter pending root cause analysis and remediation

• Identifying inter/intra system exceptions stemming from breakdowns in trade lifecycle processing

• Investigating root cause of issues and determining strategic solutions

• Multi-tasking requests from several clients while providing superior client service.

• Creating strategies  to better serve our clients.

• The VP will work closely with the others to ensure the daily reconciliations and control activities are completed and risk is reported the desks and the clients. 

Desirable skills sets:

• The role holder should be experienced in people and process management. The role holder will work with teams such as the Trading  Desk, Sales, settlements, Finance, Collateral, Margin Compliance, Legal.

• Identifying inter/intra system exceptions and fails stemming from breakdowns in trade lifecycle processing

• Investigating root cause of issues and determining strategic solutions

• Multi-tasking requests from several clients while providing superior client service.

• Creating strategies to better serve our clients. 

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

This role is based out of Pune

Purpose of the role

To manage operations within a business area and maintain processes, risk management initiatives and compliance with relevant regulators. 

Accountabilities

• Identification of trends and opportunities to improve areas and develop new process and procedures through the monitoring and analysis of operation data and performance metrices.
• Management of operations for a business area and promote efficient processes, risk management and compliance initiatives to support the bank's operations.
• Collaboration with internal stakeholders (including business leaders, project manager and SMEs) and external stakeholders (including vendors and service providers) to support business operations and promote alignment with the bank's objectives and SLAs.
• Management of operational professionals and provide guidance, coaching and support to improve colleagues' delivery quality.
• Management and development of KPIs to measure the effectiveness of operation functions, utilising data and technology to support the identification of areas that require improvement.
• Compliance with all regulatory requirements and internal policies related to customer experience.
• Creation of a safe environment for colleagues to speak up, actively and regularly encourage and solicit feedback to ensure people agenda remains focused on the right areas.
• Management of attrition by working closely with HR in implementing retention initiatives for work force.

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.