Job Title: Collateral Management Analyst
Location: 400 Jefferson Park, Whippany, NJ, 07981
Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US. Our goal is to become the bank of choice by providing superior services to customers and clients and supporting our stakeholders via a commercially successful business that generates long-term sustainable returns.
About Barclays in the US
Barclays offers corporate and investment banking and credit card services in the US. Our 10,000 US colleagues are located in offices across the country, with headquarters in New York City. In 2017, Barclays announced plans to create a world-class campus in Whippany, New Jersey, for our Technology, Operations and Functional teams in the US. Other principal locations include Delaware, Nevada, Ohio and Maine.
About Global Markets Operations
Global Markets Operations (GMO) is the engine responsible for ensuring the execution and servicing of all products and services. A role within GMO ensures processing is of the highest standard, whilst meeting Service Level Agreements (SLAs), and being mindful of risk, efficiency, budget and personal conduct. Our core objective is to deliver service excellence by executing our processes in the safest and most efficient way, leveraging automation and 'Lean' approaches to achieve this. Some of the core processes that we deliver include Post Trade Services, FX Operations, and Collateral & Liquidity operations.
The environment in which we operate is continually changing. Global Markets Operations plays a key role in driving market initiatives and regulatory changes and, by ensuring we are ahead of competitors on these initiatives, continually helps to drive down costs and increase revenue.
Around 3,000 colleagues work in Global Markets Operations globally, and our ambition is to make our organization a truly excellent place to work, with the best possible opportunities for colleagues to succeed and develop their careers.
IB Strategic & Regulatory Change manages large scale strategic cross function change Program within Barclays, typically providing the Program & Project Management resources delivering front to back functional deliverables across organizational boundaries. The portfolio of Program changes year-on-year and is reflective of business growth and control objectives.
Overall purpose of role
A role within GMO Change requires a strong Business Analysis skill set. It will be part of a multi skilled team responsible for delivering strategic change across the business. It shapes new initiatives and initiates change while meeting Lean and Agile delivery principles. It may involve all activities across the full project lifecycle from definition and planning to documenting, testing and execution. The team drives significant improvements in the customer experience, costs and control environment through process excellence and continuous process improvement.
Ensure all margin calls are issued and responded to according to the documented SLA's.
Familiarity with legal documentation including CSA, CCA, ISDA
Hypothecate margin collateral
Provide high level of customer service to all external and internal stakeholders
Stakeholder Management and Leadership
Work with Global Margin team to ensure policies and procedures are globally consistent
Interact with internal contacts to ensure data provided to clients is timely and accurate.
Identify processes that could use improvements or changes to benefit team and clients
Strong communication skills
Good time management skills, with the ability to manage multiple tasks and stakeholders simultaneously
Good understanding of operational risks, ability to spot and articulate issues to stakeholders, and escalate in a timely manner
Effective engagement with stakeholders across the organization including, but not limited to, Risk, Compliance, Treasury, Finance, Technology, Front Office and Operations teams.
Decision-making and Problem Solving
Ability to operate independently and use own initiative to resolve issues/investigate and find solutions
Ability to assimilate information quickly and make informed decisions
Candidate should feel comfortable working in a fast paced environment
Due to potential regulatory and reputational risks, candidate should feel comfortable escalating concerns and fails in a timely manner.
Candidate should be able to troubleshoot issues independently given proper resources
Experience & Understanding of 1-2 of the following Product Families:
Listed Futures & Options
Ability to demonstrate:
Experience of project management
Experience of successfully implementing change to complete a project
Experience of change management and analytics
Ability to demonstrate:
Confidence & energy in approach
Effective team player
Good planning/organizational skills
Delivery of excellent customer service
Risk and Control Objective
All Barclays colleagues have to 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.
To be considered for this role, click on the apply button now.
Barclays Values & Diversity
Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager. We are an equal opportunity employer and we are opposed to discrimination on any grounds. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.