Assistant Manger

About Barclays

Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.


Risk and Control Objective

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.


Working Flexibly


We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life.

If you would like some flexibility then please discuss this with the hiring manager.


Introduction:


The role requires a strong understanding of the underlying products and an ability to liaise with all areas of the business including Sales, Trading, Middle Office and the clients to ensure issues are resolved in a timely manner.


What will you be doing?

Understanding of terms in CSA related to new Clients and changes to existing to ensure they can be supported by the collateral management group.
Daily management of various data integrity checks and adjustments on legal documentation.
Oversight over new rules for Initial Margin segregation Variation Margin. Support any new controls, reporting and processes that need to be put in place to support the new Regulations, like Dodd Frank and the Uncleared Margin Rules, Brexit
Work on complex client requests, analyze and provide proposal to the business head in terms of collateral acceptability.
Liaise with the Client, Desk, Sales team, Legal, Portfolio Reconciliation teams and other departments to resolve outstanding breaks.
Contribute to the specification and testing of improvements for all systems and processes.
Uphold the controls and procedures for the team, review and update as necessary.
Cross train on all functions performed within the team and across the department
Manage front to end process of team
Provide the best possible service to both our internal and external clients.
Uphold the controls and procedures for the team, and highlight any control gaps identified to management to ensure that these are reviewed and addressed as necessary.
Contribute to process improvements within the team to drive efficiency and cost savings:
Suggest innovative solutions to improve efficiency and provide the AVP with a detailed breakdown to quantify the time/ headcount savings from the initiative

What we’re looking for:

Degree level or appropriate industry qualification.
Good knowledge of Investment Banking, industry and business fundamentals
Well organised with good time management skills and the ability to meet tight deadlines and prioritise tasks.
Able to work effectively as part of a large team
Willing to take on responsibility. Read more