Futures OTC Clearing VP

Barclays•New York, NY

9d•Onsite

About The Position

Purpose of the role Liquid Finance Platform covers a variety of roles and is central to the delivery of best-in-class products and services, and for the provision of strategic client and risk solutions across the full spectrum of the 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 stakeholder to complete client documentation, coordinates 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

US rules and regulation that relates futures, derivatives, and FX prime brokerage
Legal documentation governing the futures, derivatives, and FX prime brokerage
Comprehensive understanding of products, trading mechanics, and life cycle events

Nice To Haves

Knowledge of UK and EU regulations and products
Fixed income, prime brokerage, and US treasury market structure
Client Onboarding processes

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
To 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.
Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
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.