Futures OTC Clearing VP

Barclays•New York, NY

1d•$150,000 - $225,000•Onsite

About The Position

The Liquid Finance Platform is central to delivering best-in-class products and services, and for providing strategic client and risk solutions across the full spectrum of Prime Financing businesses. As a Futures OTC Clearing VP, you will play a pivotal role in overseeing and enhancing our clearing processes. You will be working closely with clients, sales teams, and internal stakeholders to complete client documentation, coordinate functions, legal and compliance on regulatory and market structure development, and with product and platform teams on Barclays’ capabilities in the clear derivatives space, while driving and maintaining our commitment to remarkable client service.

Requirements

Experience with US rules and regulation that relates futures, derivatives, and FX prime brokerage
Experience with Legal documentation governing the futures, derivatives, and FX prime brokerage
Comprehensive understanding of products, trading mechanics, and life cycle events
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.
Demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship
Demonstrate the Barclays Mindset – to Empower, Challenge and Drive

Nice To Haves

Knowledge of UK and EU regulations and products
Fixed income, prime brokerage, and US treasury market structure
Client Onboarding processes
Risk and controls
Change and transformation
Business acumen strategic thinking
Digital and technology
Job-specific technical skills

Responsibilities

Working with clients to optimise the Liquid Financing relationship
Provide best-in-class service and escalation oversight
Primary contact for Liquid Financing clients in areas such as trading, risk, billing and reporting
Provide expertise on industry and regulatory initiatives
Subject matter expert for our clients, with a deep understanding of each client’s business mix, operational requirements and product sensitivities
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.
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.