VP - Prime Services Product Manager

Barclays•New York, NY

13d•$222,000 - $225,000•Onsite

About The Position

The Liquid Finance Platform encompasses a variety of roles and 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. This role involves working with clients to optimize their Liquid Financing relationships, providing best-in-class service and escalation oversight, and acting as the primary contact for clients in areas such as trading, risk, billing, and reporting. The position requires expertise on industry and regulatory initiatives and a deep understanding of each client’s business mix, operational requirements, and product sensitivities.

Requirements

Subject matter expert for our clients, with a deep understanding of each client’s business mix, operational requirements and product sensitivities
If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes.
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 be a subject matter expert within own discipline and will guide technical direction.
They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments.
They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions.
Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
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.
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.
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.

Nice To Haves

If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes.
They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements.
They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments.
They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions.

Responsibilities

Execute key aspects of the Global Equity Finance Business plan, particularly focusing on creating, implementing, and enhancing current Synthetics Finance services and products.
Develop and deliver on strategic agenda, focusing on addressing client demand through new products and other business drivers.
Prepare reports and educate internal stakeholders on Synthetic Finance and Synthetic Prime Brokerage impacts to our business, and the financial resource management aspects of providing said services.
Drive change, mediate, and serve as a resource and representative on issues with other groups, representing desk values and issues to partner groups.
Partner with business owners on strategic initiatives to develop solutions and with support partners to bring solutions to fruition, including: EFG Traders, Risk Management, FRM Teams, PBMO & GMO, PCG, Regulatory & Industry Bodies, IT and other Operational support teams.
Support the Equity Financing Franchise, as defined by the Business Head objectives.
Work with the sales and trading on the desk to identify areas for improvement in processes and operational efficiencies.
Partner with Middle Office and Settlements to represent the desk’s objectives to improve processing and settlement functionality and improve efficiencies/reduce fails.
Apply acquired business knowledge for development of required solutions.
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.
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.