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TD Newton
About the role
AVP– Systematic 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
For further information on EVP, please click on the link below
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
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 to hybrid working meaning that colleagues work at an onsite location on fixed, ‘anchor’, days of the week, for a minimum of three days a week or more, as set by the business area (or nearest equivalent if working part-time hours).
When the candidate joins the team, for initial three months, the candidate should be working from onsite location everyday and after 3 months, continue with the hybrid working model.
About Barclays International India Centre
The BIIC is a team located in Mumbai where it supports several Investment Banking, Prime Brokerage and Financing activities. The team works very closely with its global counterparts situated in the US, Europe and Asia and helps them build business critical solutions for analytical purposes.
About Mumbai Credit Trading Team
The Mumbai Credit Trading team works closely with the US & European Credit trading teams and provide valuable analytics to the trading and sales as well as senior management including relative valuation analysis, trading analytics, risk analytics and business critical reports. The team also builds and maintains tools that help find trading opportunities and recommend trade ideas, analyse companies, track news and perform ad hoc customized analysis.
Overall purpose of role
The candidate will be part of the EU/US Systematic Credit Team working for the EU/US IG desk. The Systematic Credit desk trades Investment Grade Bonds and Portfolios in the region-specific market.
Key Accountabilities
o Provide Analytical support to the Systematic Credit Trading desks which includes either US or UK
o Help maintain Algo quoting while improving efficiency in terms of speed and hit rates
o Work on front facing Dashboards to display intraday screeners to traders
o Help the desk create and maintain BAU analytics around Client Volumes, RFQs, market share
o Provide Relative Valuation analytical support to the desks which includes trade ideas
o Provide portfolio pricing support & analytics to the desk
o Demonstrate product knowledge of Bonds and ETF and develop desk reports
o Work closely with several cross-functional teams across the globe to execute desk projects
Stakeholder Management and Leadership
o This is a position which requires the candidate to work closely with the Trading & Sales desks in EU/US
o The candidate is also expected to work with other trading teams in New York, London & Asia.
Decision-making and Problem Solving
o The candidate will need to be highly proactive in identifying issues and getting them resolved by liaising with various stakeholders
o The candidate will need to work on several time-sensitive activities and is therefore required to be meticulous and efficient
o The candidate should have an excellent eye for detail and should ensure that he/she meets a zero-error tolerance requirement as most output forms a critical input for business decision making
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.
Person Specification
Essential Skills/Basic Qualifications:
o Experience of quantitative analysis of market data and strong analytical skills
o Experience of Python
o Excellent communication skills (oral/written)
Desirable skills/Preferred Qualifications:
o CFA / FRM preferred
o Any certifications in Finance or Economics preferred
o Good understanding of financial markets with focus on fixed income.
o Knowledge of sql/kdb preferred
o Knowledge of Excel, VBA preferred
o Aptitude for self-learning – Should be able to demonstrate a self-starting attitude
o Flexible to work long hours (when required), meet deadlines and be proactive
o Ability to prioritize and manage large projects and take full ownership of assigned tasks.
o Proactive in nature. Should be able to take decisions and support those.
o Should be a Team player
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 act, 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.