Utilities Trading Assistant

Barclays • New York, NY

4d • $70,000 - $100,000 • Onsite

About The Position

Join Barclays as a Utilities Trading Assistant. At Barclays, our vision is clear – to redefine the future of banking and help craft innovative solutions. In this role, you will support the resolution of fixed income trading by identifying, executing, and booking internal and external transactions across front‑office trading systems. You will perform cost/benefit analysis on over‑borrows, manage intercompany bond settlements, and help optimize regulatory fail penalties under TMPG and CSDR frameworks. The team is actively moving forward with AI and automation and seeks someone who can leverage technology to improve processes and decision‑making.

Requirements

• Trade identification, booking, and settlement experience across front‑office systems
• Prior knowledge of fails management, over‑borrow analysis, and cost/benefit execution
• Intermediate Excel skills including VBA; strong Microsoft Office proficiency
• Programming or coding familiarity to support automation and AI initiatives
• 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.
• 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.

Nice To Haves

• Fixed Income product knowledge and market understanding
• FINRA licensed or desire to obtain
• Prior financial industry experience

Responsibilities

• Provision of immediate and efficient technical support to traders and sales professionals on the trading desks, resolving hardware, software, and network-related issues to ensure uninterrupted trading activities.
• Coordination of trade execution by liaising with traders, clients, and other internal teams to ensure smooth transactions.
• Maintenance and updating of trade records, transaction logs, and client databases accurately.
• Reports, presentations, and documentation preparation to support sales and trading activities.
• Monitoring of market data and assist in the analysis of financial information for trading decisions.
• Operational tasks such as processing trades, confirming orders, and resolving trade discrepancies.
• Support the resolution of fixed income trading by identifying, executing, and booking internal and external transactions across front‑office trading systems.
• Perform cost/benefit analysis on over‑borrows.
• Manage intercompany bond settlements.
• Help optimize regulatory fail penalties under TMPG and CSDR frameworks.
• Leverage technology to improve processes and decision‑making.

Benefits

• The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed