Assistant VP, Fx Options Trader

<h1><b>Job Description</b></h1><p style="text-align:inherit"></p><p></p><p></p><p><b>Purpose of the role</b></p><p>To buy and sell financial instruments, such as bonds, stocks, and derivatives, to generate revenue for the bank by the analysis of market conditions, execution of trades, and management of risk.  </p><p></p><p><b>Accountabilities</b></p><ul><li>Development and implementation of trading strategies that align with the bank's risk appetite, investment objectives, and market conditions, and monitoring of market movements to adjust trading strategies accordingly.</li><li>Execution of trades on behalf of the bank, or proprietary trading desks, while adhering to the bank's trading strategies and risk parameters.</li><li>Maintenance of accurate and timely trading records, prepare daily and monthly trading reports, and contribute to the evaluation of the overall trading strategy.</li><li>Monitoring and analysis of global financial markets, economic indicators, news, and geopolitical events to identify trading opportunities and assess market risks.</li><li>Management and monitoring of the risk associated with the trading portfolio, including setting and maintaining stop-loss limits and ensuring compliance with regulatory and internal risk management guidelines.</li><li>Raise unsecured funding in the International Money Market.</li><li>Execution of Structural Hedges for hedging IRRBB.</li></ul><p></p><p><b>Assistant Vice President Expectations</b></p><ul><li>To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.</li><li>Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes</li><li>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.</li><li>OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.</li><li>Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.</li><li>Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.</li><li>Take ownership for managing risk and strengthening controls in relation to the work done.</li><li>Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.</li><li>Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.</li><li>Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.</li><li>Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.</li><li>Influence or convince stakeholders to achieve outcomes.</li></ul><p></p><p>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.</p><p></p><p></p><p>What will you be doing?</p><p></p><p>Barclays Capital Inc. seeks Assistant VP, Fx Options Trader in New York, NY:</p><p></p><ul><li><p>Extensive coverage of broad suite of clients in the US across hedge funds, corporates , real money along Sales workforce and provide continuous market trading color.</p></li><li><p>Responsible for EOD PNL flash and accounting + team market commentary sent daily.</p></li><li><p>Go to trader in the US for the desk risk runs and responsible for enhancing our risk batches and efficiency of our runs.</p></li><li><p>Manage a global options book taking ownership of the front to back franchise including client engagement, pricing, and risk management.</p></li><li><p>Review desk positions (i.e. risk and P&L) for adequacy and appropriateness each day.</p></li><li><p>Communicate with overall global business head to ensure they are aware of client flows and key risk positions.</p></li><li><p>May telecommute.</p></li></ul><p></p><p>Salary / Rate Minimum/yr: $160,000.00 per year</p><p>Salary / Rate Maximum/yr: $250,000.00 per year</p><p></p><p>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<i>.</i></p><p></p><p>This position is eligible for incentives pursuant to Barclays Employee Referral Program.</p><p style="text-align:inherit"></p><p style="text-align:inherit"></p>

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