Analyst, Structured Credit Transaction Management Group

Structured Credit Transaction Management Group (TMG) is a Front Office function that works closely with Trading and Structuring on all new structured credit transaction, ensuring the right level of due diligence has been carried out on the structures and all key economic terms of these transactions can be captured in firm infrastructure. The team further works with the desk and all infrastructure partners in the organisation to maintain the highest standards of trade capture, life cycling and monitoring which are crucial to the firm's risk management. The function involves constant liaison with, and often provides a link between, Sales, Structuring, Trading, IT, Finance, Risk, Operations, Legal and Compliance.

Joins Barclays in the role of Analyst Structured Credit TMG, which you will play a pivotal role by involving front line support of Global Credit & Financing Solutions (GCFS), CLO & Global Credit Asset Solutions (GCAS) business activities performed by the Structured Credit desks working closely with Structured traders across all Barclays offices in EMEA, US and Asia.

• Initial Trade Capture and validation of Structured Products and Position Management (Life cycling – Loan Paydowns, Terminations, Rate Resets, Restructuring etc)

• Review of term sheets to ensure all aspects of the transaction are captured and ensure all new transactions have been onboarded onto internal and external vendor platforms

• Input real-time exceptions related to regulations into Trade Capture Systems (e.g. MIFID, Dodd-Frank, Brexit, Mandatory Clearing) and responsible for exception and query management related to Structured packages/positions

Essential Skills:

•   An excellent team player who responds well to high intensity and pressure environments
•   Must be diligent and hardworking, demonstrating accuracy at all times
•   Confident and personable with the ability to develop strong working relationships with the Front Office
•   Fast learner with the ability to use their initiative and apply the knowledge to new situations

Desirable Skills:

•    Front Office support (Trading Assistant, Trade Support, Middle Office) experience

•    Structured Product knowledge (CLN, SPV Repack, Bespoke CDS, Total Return Swap, Repo) including payoffs and valuation challenges

•    Experience of handling/resolving P&L queries

Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific, and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.

Purpose of the role

To develop and implement structured financial products and solutions to meet the needs of clients and optimize the bank's market exposure and profitability. 

Accountabilities

• Development of innovative structured financial products and solutions to address the specific needs of clients, including derivatives, structured notes, and other structured investment products.
• Risk analysis and management associated with structured products, including market risk, credit risk, and operational risk, to ensure compliance with regulatory requirements and bank policies.
• Assessment of pricing and valuation of structured products, including the use of mathematical models and financial instruments, and liaising with trading to ensure competitive pricing.
• Collaboration with traders, risk managers, and other stakeholders to ensure effective product implementation and risk mitigation.

Analyst Expectations

• To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• Requires in-depth technical knowledge and experience in their assigned area of expertise
• Thorough understanding of the underlying principles and concepts within the area of expertise
• They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• 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 develop technical expertise in work area, acting as an advisor where appropriate.
• Will have an impact on the work of related teams within the area.
• Partner with other functions and business areas.
• Takes responsibility for end results of a team’s operational processing and activities.
• Escalate breaches of policies / procedure appropriately.
• Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
• Advise and influence decision making within own area of expertise.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
• Guide and persuade team members and communicate complex / sensitive information.
• Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.

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.