Head of US Rates Risk & Pricing
New York

As a Barclays Head of US Rates Risk & Pricing, you will be accountable for all aspects of delivery of risk and pricing applications to the Rates desks in the US. Within this role, you will act as a primary communicator and link between stakeholders and the US Rates Risk and Pricing team. You will also be responsible for having a solid grasp of risks and anticipating them so that compliance is met.

Salary / Rate Minimum: $155,000.00
Salary / Rate Maximum: $195,000.00

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any another type of compensation or benefits that may be available.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality, and innovation behind us. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We’re flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month, or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally can request work patterns to reflect their personal circumstances. Please discuss the detail of the working pattern options for the role with the hiring manager.

What will you be doing?

• Acting as a product owner across Rates Risk and Pricing Technology for US stakeholders
• Leading the technology team, coordinating requirements and planed deliveries as well as cross-team partnership with core teams and other business delivery teams
• Cooperating directly with stakeholders to prioritise projects in line with resources and business requirements, manage and refine the backlog
• Interpreting business requirements, workflow analysis and creative problem solving to turn problems into solutions and increase efficiency
• Ensuring that relevant business area solutions have the appropriate global support structure to deliver in accordance with agreed service levels
• Being a strategic partner and advisor to the business working closely on strategic projects that impact the business areas and suggesting changes
• Contributing to the development of our business-driven delivery model and processes
• Managing projects, coordinating with providers, consultants, and internal teams

What we’re looking for:

• Graduate/post-graduate degree in quantitative field (Mathematics, Statistics, Physics, Financial Engineering, Computer science)
• Substantial experience as a business analyst at an investment bank or financial firm required, particularly in the areas of interest rates derivatives, and option pricing
• Proven track record of delivering large scale project for end of day financial valuation, risk generation and PnL explain for interest rates derivatives
• Significant experience on providing quantitative analysis of end of day risk sensitivities and PnL to traders, risk managers and finance

Skills that will help you in the role:

• Familiarity with the rates and exotics products and financial models
• Full, up to date knowledge of the general financial markets’ dynamics and current financial concepts, particularly around LIBOR benchmark reform and curve construction
• Excellent relationship skills with experience of managing and handling the needs of traders, risk managers, salespeople, controllers, and other internal clients
• Experience of stakeholder management/matrix management as mentoring and/or managing small teams

Where will you be working?

You will be working at our Americas Headquarters at 745 Seventh Avenue. This 32-story office tower is located in Times Square in the heart of Manhattan and features a cafeteria, fitness center and state-of-the-art LED signage on the facade of the building.

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