What will you be doing?Barclays Bank PLC seeks Portfolio Manager - USD, AVP in New York, NY (multiple positions available):
- Support head USD portfolio manager by generating investment ideas and executing them in US Treasury and rates markets.
- Generate sufficient return on capital on investment ideas generated.
- Take charge of analytical understanding of risk and profit/losses in the portfolio.
- Strictly follow rules and regulations/conduct guidelines as defined by internal compliance and external regulators.
Salary / Rate:
Minimum: $173,555 per year
Maximum: $190,910 per year
The minimum and maximum salary/rate information above includes only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.
This position is eligible for incentives pursuant to Barclays Employee Referral Program.
Purpose of the role:
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.
Accountabilities:
- Development and implementation of trading strategies that align with the bank's risk appetite, investment objectives, and market conditions.
- Execution of trades on behalf of the bank, while adhering to the bank's trading strategies and risk parameters.
- Maintenance of accurate and timely trading records, prepare daily and monthly trading reports, and contribute to the evaluation of the overall trading strategy.
- 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, including setting and maintaining stop-loss limits.
- Raise unsecured funding in the International Money Market.
- Execution of Structural Hedges for hedging IRRBB.
Assistant Vice President Expectations:
- Advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness.
- Lead a team performing complex tasks, using well-developed professional knowledge and skills.
- If the position has leadership responsibilities, demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive.
- Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
- Identify ways to mitigate risk and develop new policies/procedures in support of the control and governance agenda.
- Take ownership for managing risk and strengthening controls in relation to the work done.
- Collaborate with other areas of work to keep up to speed with business activity and strategy.
- Engage in complex analysis of data from multiple sources of information to solve problems creatively and effectively.
- Communicate complex information effectively.
- Influence or convince stakeholders to achieve outcomes.
All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship, as well as the Barclays Mindset – to Empower, Challenge and Drive.
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