Assistant VP - Global Markets

Barclays•New York, NY

23h•$188,178 - $250,000•Onsite

About The Position

The purpose of the role is to execute trades and manage risk within a defined portfolio of financial instruments, while staying informed about market trends and developments to make informed trading decisions. This role involves evaluating financial risks for customer/client-related trades and flows within the LATAM FX macro flow business, providing solutions to clients through market making and offering liquidity on an ongoing basis. The Assistant VP will contribute to the performance and profit-generation for the LATAM FX business through effective trading decisions, and provide clients and the sales team with market insight related to flows, market color, trading commentaries, and trade ideas. The role also involves growing the LATAM FX trading and market making franchise, driving pricing/quote risk valuation for LATAM FX Macro transactions and hedging instruments, and ensuring effective delivery of trading desk positions, risk, and profit/loss. Communication with top management is essential to ensure relevant information is shared with the trading team.

Requirements

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.

Responsibilities

Execution of buy and sell orders or pricing of liquidity in various financial instruments while adhering to the bank's trading strategies and risk parameters.
Monitoring and analysis of global financial markets, economic indicators, news, and geopolitical events to identify trading opportunities and assess market risks.
Management and monitoring of the risk associated with the trading portfolio and ensuring compliance with regulatory and internal risk management guidelines.
Collaboration with research analysts and other teams to gather insights and information for trading decisions.
Evaluate financial risks for customer/clients-related trades and flows within the LATAM FX macro flow business.
Provide solutions to clients through the market making process on LATAM FX providing liquidity on an ongoing basis.
Contribute to the performance and profit-generation for the LATAM FX business through effective trading decisions.
Provide clients and sales team with market insight related to flows, market color, trading related commentaries and trade ideas on an ongoing basis.
Grow the LATAM FX trading and market making franchise working alongside the sales team to improve the Barclays Trading team as a visible leader in the LATAM FX franchise.
Drive pricing/quote risk valuation for the LATAM FX Macro transactions as well as hedging instruments.
Provide ongoing effective delivery of trading desk positions, risk and profit/loss.
Communicate regularly with top management to ensure relevant information is communicated to the trading team.