New York, USA
16 days ago
VP Derivatives Trading

This role is FINRA regulated.

Join us as a Vice President on Barclays Equity ETF trading desk. You will join the Flow Derivatives Desk where you will work on the exchange traded funds (ETF) growth initiatives. The trader will be responsible for building a robust fair value calculation engine across domestic and international ETFS. This will be utilized by the desk’s market making businesses across high touch and electronic Request a Quote (RFQ) businesses. Trader will also be responsible for flow analysis across various clients and markets.

You may be assessed on key critical skills relevant for success in the role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job specific technical skills.

To be successful in this role you should have the following:

BS degree in finance, economics, math, computer science or related field and four to six years of experience building ETFmarket making operationsYou have experience working with developers to create a high-performance pricing engineYou possess a high level of analytical skills as well as the ability to lead complex trading activities and a solid comprehension of risk mitigation

Additionally, the following skills are also relevant and highly preferred.

An ability to engage with colleagues from different areas across the organization including infrastructure functions to ensure best in class solutions and service is delivered to our clientsA solid understanding of the Equities and Fixed income markets, financing, and regulatory environmentHold FINRA licenses 7, SIE and 57 

Salary / Rate Minimum: 155,000

Salary / Rate Maximum: 250,000

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.

This role is based in New York.


Purpose of the role

To execute trades and manage risk within a defined portfolio of financial instruments and staying informed about market trends and developments to make informed trading decisions. 

Accountabilities

Execution of buy and sell orders or pricing of liquidity in various financial instruments while adhering to the bank's trading strategies and risk parameters.Monitoring and analysis of global financial markets, economic indicators, news, and geopolitical events to identify trading opportunities and assess market risks.Management and monitoring of the risk associated with the trading portfolio and ensuring compliance with regulatory and internal risk management guidelines.Collaboration with research analysts and other teams to gather insights and information for trading decisions.

Vice President Expectations

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 organization 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.

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.

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