VP Structured Credit Trading

Barclays Overview

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.

We are an equal opportunity employer and we are opposed to discrimination on any grounds.

About Barclays India Employee Value Proposition

At Barclays, each day is about being more – as a professional, as a person. The statement ‘Be More @ Barclays’ represents our core promise to all current and future employees. It is the characteristic that we want to be associated with as an employer, and therefore is at the heart of every employee experience. Following are the four supporting pillars of our employee value proposition:

•              Be More Globally Connected

•              Be More Inspired

•              Be More Impactful

•              Be More Valued

  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, and your request will be reviewed subject to business needs.

Hybrid Working

Structured hybrid role:       
At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home.   We have a structured approach where colleagues work at an onsite location on fixed, ‘anchor’, days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.

About Structured Credit Trading Team

The Structured Credit trading team at Barclays focuses on trading bespoke structured products and structuring specific solutions for clients. Using underlying credit instruments, including Corporate, Financial & Sovereign bonds, single name CDS and Loans, the team aims to create products that cater to the specific needs of a client. Within Structured Credit Trading, the business is split as liability-side (or financing) business, asset-side business & CLO business.

The Liability side business focuses on providing bespoke financing solutions to credit funds, FIs and banks against wide variety of credit assets – both on a recourse and non-recourse basis. The Asset side business specializes in providing credit linked investment products to investors for yield enhancement. The Primary CLO business focuses on raising capital for our clients by arranging & placing portfolio of assets in CLO warehouses which are tranched and sold to institutional investors in the form of issuances.

About Structured Credit Trading Team – Mumbai

Structured Credit team in Mumbai works with trading & analyst teams across the globe and supports the traders and senior management by producing business critical MIS reports, running models & analysis, building and maintaining tools to help find trading opportunities and recommend trade ideas, analyzing companies, tracking news and performing ad hoc customized analysis.

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Overall purpose of role

This role sits within the Global Credit Financing & Solutions (GCFS) team and is responsible for driving execution, risk ownership, and strategic development of single asset financing and asset-backed lending (ABL) activities across US and EU desks. The candidate will work closely with traders, structurers, and global stakeholders to manage complex transactions, taking end-to-end ownership of risk, PnL, and lifecycle management of trades. In addition to technical delivery, the role will require leading and mentoring junior team members, acting as a key bridge between front office and control/support functions, and actively contributing to enhancing desk productivity through process improvement, automation, and thoughtful leadership.

Key Accountabilities

·      Lead the team in managing all risk, book-keeping and trade lifecycle events including: margin calls, interest payments, RWA/LBS, hedges, exposure calculations, book funding and trigger events.

·      Help manage all risk reports (credit risk, funding) and daily PnL reconciliations

·      Assist in monitoring the credit performance of the obligors in the existing trades, including by use of proprietary data sources and summarizing information using Barclays provided AI tools like CoPilot

·      Drive optimisation and automation of desk tools, analytics, and workflows to improve efficiency and scalability

·      Act as a key escalation point for complex/non-standard transactions and problem situations

·      Ensure robust governance, controls, and compliance across all activities

Stakeholder Management and Leadership

·         Build and maintain strong relationships with global trading teams, structurers, risk, and control functions

·         Lead and mentor junior analysts/associates, providing guidance on technical work, prioritisation, and career development

·         Drive a culture of accountability, continuous improvement, and collaboration within the team

Decision-making and Problem Solving

The role involves navigating complex, time-sensitive situations requiring sound judgement and prioritisation. Need to proactively identify and mitigate risks, bottlenecks, and inefficiencies.

Risk and Control Objective

Take full ownership of managing risk and strengthening controls.

Person Specification

Personal attributes essential to performing role including competencies, expertise, knowledge, and experience.  

Note: experience requirements must not be in the form of years (minimum or otherwise).

Essential Skills/Basic Qualifications:

·      Strong expertise in structured credit products, including TRS, repo financing, and ABL structures

·      Proven experience in working closely with trading desks and influencing decision-making

·      Experience in leading or mentoring team members, with a collaborative and proactive approach

·      High degree of ownership, accountability, and commercial mindset

·      Candidate must be a self-starter and very pro-active

·      Excellent organizational skills and strong ability to multi-task

·      Strong written and oral communication skills

·      Excellent communication and stakeholder management skills

Desirable skills/Preferred Qualifications:

·      Prior experience in a structured credit trading or financing desk within a global investment bank

·      Strong familiarity with repo, TRS, ABLs, and bespoke financing solutions

·      Quantitative background from a top tier school, with experience in a structured credit business preferred

·      Excellent communication skills (oral/written)

·      Strong Analytical Skills

·      Demonstrated ability to drive process improvements and strategic initiatives

·      Proactive in nature. Should be keen to learn and implement learnings in real time

·      Certifications like CFA would be an added advantage

Purpose, Values and Mindset

We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term.

Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.

Respect

We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution.

Integrity

We operate with honesty, transparency and fairness in all we do.

Service

We act with empathy and humility, putting the people and businesses we serve at the centre of what we do.

Excellence

We champion innovation, and use our energy, expertise and resources to make a positive difference.

Stewardship

We prize sustainability, and are passionate about leaving things better than we found them.

Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.

Empower

Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure.

Challenge

Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints.

Drive

Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done.