eTrading Risk Management

Join us as an " eTrading risk professional " at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences.

To be successful as an "e Trading risk professional", you should have experience with:

Stakeholder Management and Leadership :

• The key stakeholders in the role interacts and collaborates with are in the 1st line: Trading, Statistical Modelling & Development, Pre-trade Technology; Chief Controls Office; from 2nd and 3rd line, Market Risk Management, Intraday Credit Risk, Operational Risk, electronic Trading Compliance, and internal Audit.

Decision-making and Problem Solving :

• The role will require evaluative judgement and analytical skills in order to understand technical electronic trading system flows, algorithmic strategies, and risk controls requirements.

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.

Personal attributes essential to performing role are:

• Strong project management skills with ability to drive multiple deliveries and remediation workstreams

• Strong written and verbal communication skills with the ability to engage with all levels of management in the Front office and 2nd , 3rd line functions.

• Control focused, ability to remain objective and independently challenge, able to concisely summarize issues to a senior audience

Basic/ Essential Qualifications:

• Relevant work experience in a function related to algorithmic trading –ideally as an Operational Risk manager, or Risk and Controls function.

• Understanding of Rules and Regulations on electronic trading (MIFID II, PRA SS5/18, US Market Access, etc.)

• MBA or Masters in a quantitative field

Desirable skillsets/ good to have:

• Broad understanding of traditional Operational and Market risk management frameworks and controls.

• A track record of Regulatory interactions or strong interpretation of regulatory requirements and its impact on risk function.

You may be assessed on the key critical skills relevant for success in role, such as experience with Risk oversight in Market Risk or Operational Risk or Credit Risk Management, as well as fair understanding of Markets, products like Equities, Rates, FX, Credit.

This role will be based out of (Mumbai).

Purpose of the role

To set the risk appetite setting for the Trading portfolio and active calibration & monitoring of limits

Accountabilities

• Collection and analysis of market data from various sources and ensuring risk is correctly captured, modelled and capitalised.
• Escalation of critical risk issues or breaches to Traders and senior Risk Management Leadership teams for timely action, as may be required.
• Review and provision of feedback on market risk models including change governance.
• Internal, Regulatory and Scenario stress testing for the Trading portfolio, as required.
• Steer and execution projects of market risk wide-significance e.g. FRTB, One Risk, as required.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.