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Date live: Nov. 15, 2024

Business Area: See job description

Area of Expertise: Early Careers

Reference Code: JR-0000015251

Contract: Intern

Join us as a summer intern and discover the world of finance and technology. Dive into our culture, engaging in real projects that offer a comprehensive business overview. Select your desired business area for an in-depth introduction, taking on immediate responsibility guided by a mentor and line manager. Forge connections, explore new horizons, and unlock growth opportunities in this 8-10 week journey. Join us during the summer of your penultimate year of university to build skills, expand knowledge, and embark on an impactful path towards a promising career.

Why the Operation Summer Internship?

As a summer analyst, you’ll spend the summer with our team, building a solid foundation in Operations and helping the Group deliver our strategy – in the right way. You’ll join either our Global Markets Operations group or our Cards and Payments team. During your internship, you may:  

·perform KYC tasks while following standard procedures related to Client Due Diligence and AML policies 

·monitor real time transaction flow, trade updates and exception queues to ensure timely and accurate trade representation across systems 

·work on incident, problem and change management issues to improve services across the bank 

·support continuous improvement of the operational process and the development of best practices; coming up with ways to improve systems and processes 

·provide support for cleared derivatives, performing perform daily reconciliation of related fees 

·undertake a range of complex customer and product related processing activities

Operations at Barclays

Millions of people, businesses and corporations across the globe rely on Barclays. From helping people buy their first homes to enabling companies to grow; from the day-to-day personal finances that make life possible to the massive investments that help whole economies thrive, Barclays is there. Every minute of every day. And none of this can happen without the smooth-running, ever improving systems behind the scenes. Payments need to be processed. Credit card systems need to be maintained. Trades, equity transactions, debt financing — all of these must be verified and swiftly processed.

What we are looking for:

To be considered for this program, you must be an undergraduate student with an anticipated graduation date between December 2025 - June 2026 and a GPA of 3.2 or above.

Ideally, you would also have:  

A customer-driven attitude and an ability to quickly adapt to change and learn new technologies.   Resourcefulness, leadership, team-orientation, enthusiasm, and an entrepreneurial spirit, demonstrated through participation in extracurricular activities. 

Working in Whippany

Our next-generation workplace in Whippany allows talented, passionate, down-to-earth colleagues to connect daily. With state-of-the-art work facilities and many added features like pool tables, cafés, and a gym – it’s a place you can call home.

But we recognize there’s life outside work. With our commitment to investing in our people, there is also the opportunity for flexible and dynamic working – empowering you to find the right balance between your personal and professional responsibilities. We’re also dedicated to the wider community; our Citizenship program is focused around how we play our part in overcoming the challenges that face our societies.

Our location means there’s plenty to enjoy off campus – our office is minutes away from Morristown, known for its rich history and lively modern spirit. With bustling Manhattan easily accessible and a picturesque landscape here on the doorstep, Whippany really does offer the best of both worlds.

To be eligible, applicants must be currently authorized to work in the United States on a full-time basis. Barclays will not sponsor applicants for work visas or offer any employment-based immigration sponsorship for any internship, post-graduation program or permanent employment, including assistance with or execution of any documentation in support of optional practical training (OPT) or curricular practical training (CPT).

It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, protected veteran status, genetic information, or any other basis protected by law.

Purpose of the role

To support the day-to-day operations of the operations business division providing insights and expertise that help more senior colleagues make informed decisions, develop new products and services, and identify new market opportunities

Accountabilities

  • Performance of KYC tasks while following standard procedures related to Client Due Diligence and AML policies.
  • Monitoring of real time transaction flow, trade updates and exception queues to ensure timely and accurate trade representation across systems.
  • Address incident, problem and change management issues to improve services across the bank.
  • Provision of support to continuous improvement of the operational process and the development of best practices; coming up with ways to improve systems and processes.
  • Provision of support for cleared derivatives, performing perform daily reconciliation of related fees undertake a range of complex customer and product related processing activities.
  • Participation in training and development programs to enhance skills and knowledge.

Analyst Expectations

  • 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.

More about working at Barclays