Corporate Development Director (Risk Transfer)

Barclays•Wilmington, NC

About The Position

The Corporate Development Director (Risk Transfer) evaluates, structures and executes strategic transactions and initiatives supporting Barclays US Consumer Bank’s growth, risk management, portfolio optimization, capital efficiency and financial objectives. The role combines financial analysis, commercial judgment and cross-functional leadership to support senior management decisions involving risk transfer, portfolio transactions, strategic partnerships and other corporate development activities. The position leads transaction evaluation and execution, financial modeling, valuation and business-case development, due diligence, negotiations and coordination across Finance, Treasury, Risk, Legal, Compliance, Tax, Operations and business teams. It assesses portfolio performance, credit exposure, funding, risk-adjusted returns and capital effects, including RWA, CET1, leverage, capital relief, returns on capital and capital efficiency. The role evaluates alternatives such as significant risk transfer, portfolio sales, forward-flow and partnership structures, considering economics, funding, execution complexity and regulatory matters. The Director prepares recommendations, governance materials and presentations for senior management and approval forums; manages relationships with internal stakeholders and external counterparties; identifies and mitigates transaction risks; and monitors approved initiatives through implementation. Responsibilities also include post-execution management of live risk transfer transactions, credit-quality and performance monitoring, reporting, amendments and audit support, as well as engagements with credit rating agencies, law firms and other advisors. The role helps identify assets suitable for risk transfer, supports regulatory analysis and compliance, manages multiple complex workstreams, and guides less-experienced colleagues. The role operates within Barclays’ regulatory requirements, Enterprise Wide Risk Management Framework, internal policies and policy standards. Director-level expectations include influencing strategic initiatives and policy, providing expert advice to senior management, leading complex projects, managing or coordinating significant sub-functions or organization-wide initiatives, developing others, and representing the function with senior internal and external stakeholders. Colleagues are expected to demonstrate Barclays’ LEAD behaviours, Values and Mindset.

Requirements

Bachelor’s degree in Finance, Economics, Accounting, Business Administration, Mathematics, Engineering or another relevant quantitative discipline.
Significant relevant experience in corporate development, investment banking, strategic finance, structured finance, capital markets, portfolio management, risk transfer, mergers and acquisitions or a related financial-services discipline.
Demonstrated experience evaluating and executing complex strategic transactions, partnership arrangements, portfolio acquisitions or divestitures, risk transfer transactions or comparable corporate development initiatives.
Experience leading or supporting structured transactions involving asset sales, portfolio transfers, strategic partnership arrangements, securitizations, risk transfer structures or other complex financial transactions.
Experience assessing capital, RWA and return-on-capital implications of portfolio transactions, risk transfer structures or other capital-optimization initiatives.
Experience developing sophisticated financial models, valuation analyses, business cases and recommendations for senior management.
Experience leading multiple complex workstreams in a highly regulated and matrixed organization.
Demonstrated ability to influence and collaborate with senior stakeholders across the business and within Finance, Treasury, Risk, Legal, Compliance, Tax and Operations.
Experience working directly with external counterparties, financial institutions, investors, strategic partners, advisors and consultants.
Advanced financial modeling, valuation and transaction-analysis skills.
Strong understanding of consumer banking products, credit portfolios, partnership economics, funding and capital considerations, and risk-adjusted return frameworks.
Knowledge of transaction structuring, due diligence, commercial negotiation and execution processes.
Working knowledge of regulatory capital frameworks and metrics, including RWA, CET1, leverage and stress-capital considerations, and ability to model capital relief, capital efficiency and returns on allocated capital.
Ability to identify and assess strategic, financial, credit, operational, legal, regulatory and reputational risks associated with complex transactions and initiatives.
Advanced analytical and problem-solving capabilities, including synthesizing complex information into clear, actionable recommendations.
Excellent written and verbal communication skills, including preparing and presenting materials for senior management and governance committees.
Strong project-management and organizational capabilities, including managing competing priorities and delivering under tight timelines.
Sound judgment, personal integrity and discretion in handling sensitive and confidential information.
Advanced proficiency in Microsoft Excel.
Ability to analyze consumer asset data, including credit risk, interest rate risk, concentration risk and historical performance, and assess how changes in asset composition affect risk transfer structures.
Demonstrated ability to lead cross-functional initiatives without direct reporting authority.
Strong stakeholder-management, negotiation and influencing skills across organizational levels.
Ability to provide constructive challenge while building alignment and maintaining effective working relationships.
Ability to guide junior colleagues and reinforce high standards of analytical quality, accountability and execution.
Demonstrated ability to operate effectively in ambiguous situations and exercise sound commercial judgment.
Ability to negotiate with and influence senior internal and external stakeholders, and to provide expert advice to senior functional management and committees.
Ability to manage complex or sensitive situations using interpretative thinking and advanced analytical skills.

Nice To Haves

MBA, CFA, CPA or another relevant advanced degree or professional designation.
Proficiency in R and/or Python.
Experience with credit rating agency processes and legal documentation for structured or risk transfer transactions.
Ability to analyze the effect of regulatory changes on transactions.

Responsibilities

Lead evaluation and execution of risk transfer, portfolio optimization, strategic partnership and other corporate development initiatives.
Develop financial models, valuation analyses, business cases and strategic assessments to evaluate transaction economics, risks and alternatives.
Support transaction structuring and negotiation, including commercial terms, risk allocation, financial considerations and execution requirements.
Lead due diligence and coordinate transaction execution across Finance, Treasury, Risk, Legal, Compliance, Tax, Operations and relevant business teams.
Assess portfolio performance, credit exposure, funding implications and risk-adjusted returns, including capital-related considerations.
Quantify transaction and initiative capital impacts, including RWA, CET1, leverage, capital relief, return on capital and capital efficiency, in partnership with Finance, Treasury and Risk.
Evaluate capital-optimization alternatives, balancing capital benefit against economics, funding, execution complexity and regulatory considerations.
Evaluate market conditions, investor appetite, competitor activity and relevant regulatory developments affecting transactions and strategic initiatives.
Prepare recommendations, governance materials and executive presentations for senior management and approval forums.
Manage interactions with financial institutions, investors, strategic partners, advisors, consultants and other external counterparties during transaction evaluation and execution.
Identify material transaction risks, dependencies and execution issues; develop mitigation plans with stakeholders and escalate matters as appropriate.
Monitor approved transactions and initiatives through implementation, tracking milestones, financial outcomes and execution issues.
Oversee post-execution management and life-cycle events for live risk transfer transactions, including credit-quality monitoring, performance and reporting, periodic amendments and audit support.
Improve post-execution efficiency in partnership with IT and Middle Office teams.
Lead engagements with credit rating agencies, law firms and other advisors on new risk transfer transactions, including asset analysis, transaction modelling, legal documentation and governance.
Build relationships across Barclays, including with Treasury, Finance and the wider Group, to identify portfolios suitable for risk transfer.
Ensure business activities comply with conduct, risk and control requirements, and strengthen the control framework affected by the team’s activities.
Manage multiple complex and time-sensitive workstreams, prioritizing effectively and maintaining stakeholder communication and delivery.
Guide and support less-experienced colleagues, promoting strong financial analysis, commercial judgment and execution discipline.
Provide subject matter expertise on how risk transfer and capital optimization affect P&L, RWA, balance sheet, liquidity and capital, including how these measures may change over time.
Communicate complex ideas clearly to non-specialists and coordinate internal teams to advance transaction execution.
Analyze large data sets and the impact of adding, removing or substituting assets in existing or new risk transfer structures.
Interpret consumer asset data, including credit risk, interest rate risk, concentration risk and historical performance, and identify and explain issues and opportunities.
Participate in regulatory analysis of transactions and help ensure compliance as rules change.
Comply with regulatory requirements, the Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.
Influence functional policy and procedures; advise senior management and committees; escalate policy or procedure breaches appropriately; and foster regulatory compliance.
Demonstrate leadership behaviours, develop less-experienced specialists and contribute to strategic decisions and cross-functional collaboration.