Barclays moves, lends, invests and protects money for customers and clients worldwide. With over 300 years of history and expertise in banking, we operate in over 50 countries and employ over 140,000 people.
We provide large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs. Our clients also benefit from access to the breadth of expertise across Barclays. Were one of the largest financial services providers in the world, and are also engaged in retail banking, credit cards, corporate banking, and wealth and investment management.
For further information about Barclays, please visit our website www.barclays.com .
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.
Barclays Treasury is responsible for the management and execution of the groups capital, funding and liquidity risks and requirements. The Treasury is centred around five global functional pillars - Capital & Balance Sheet Management, Liquidity Management (FLM), ALM/FTP, Treasury Execution Services (TES) and the Investment Function - complemented by three regional and two business cluster Treasuries.
These functional, regional and business treasuries work together in a matrix structure.
Main Function Capital & Balance Sheet Management is one of the 5 functional disciplines of Barclays Treasury. It is broken down into three global teams looking after different aspects of Capital & Balance Sheet Management. Specifically, these teams are:
Capital & Balance Sheet optimisation.
This team focuses on identifying and driving the implementation of initiatives to optimise consolidated capital usage and returns in line with the Groups overall ROE objectives. In addition, the teams remit extends to defining the appropriate metrics to measure and monitor as well as to creating appropriate supporting processes and mechanisms to drive capital and return optimisation throughout the Group.
The team has different members focused on Retail and Wholesale optimisation in addition to overall Group optimisation initiatives. The business focused team members in particular liaise closely with their colleagues in Capital Demand & Supply Management who are working with those same businesses on an ongoing basis.
Capital & Balance Sheet Demand & Supply Management.
This teams work centres on managing, forecasting and understanding the Capital and Balance Sheet consumption, and capital generation of the consolidated Group as well as each of its business units (e.g., the Investment Bank) and their sub-businesses (e.g., Equities).
The teams role is on the one hand one of review and challenge - of backward looking capital, balance sheet and RWA reports provided by Finance, as well as forecasts of the same items that are driven by the Business and Finance in cooperation with Treasury.
On the other, the team is also responsible for allocating and monitoring RWA budgets to individual businesses and sub-businesses over time - and working with these businesses to ensure budgets are met. In doing so, this team links in closely with the Optimisation team.
The teams members focus either on an individual business / sub-business or on the Group overall.
The team manages the Group and Solus capital plan, liaising with Group Finance and Risk for BAU and Stress inputs.
The team also hedges the FX rate exposure of the consolidated and Solus capital ratio and interest rate exposure of the equity.
Legal Entity Capital Management. Unlike the other two teams, this team focuses primarily on the legal entity view on capital management. The teams responsibilities include:
The coordination, review and challenge of legal entity capital forecasts & plans; the optimisation and management of legal entity capital (including capital applications, net investment hedging and trapped capital issues); the management of intragroup RWA and Funding (including large exposures);
The coordination of the Groups response to regulatory change as required from a capital perspective - currently most notably RRP and ICB; and, for now, the upgrade and streamlining of reporting, MI and systems to support the overall legal entity work.
The team includes members operating at the global level as well as members dedicated to one of Barclays operating regions - Asia, the Americas and Europe (with Africa being covered separately). These regional team members work closely not only with their global Capital Management colleagues but also with the respective regional Treasury teams
The role is within the Capital and Balance Sheet Demand and Supply Management Area, specifically focused on the Investment Bank. The roleholders main function will be to support the management of the capital usage of the Investment Bank
Main duties will include:
- Understand the impact of regulatory change on the Investment Bank
- Enable business education of regulatory change
- Ensure regulatory change is factored into capital planning and risks are highlighted
- Partner with businesses to develop and execute plans to mitigate regulatory change
The team comprises of the Head of Capital Management Americas (reporting to the Wholesale Head of Capital Management and locally the Americas Treasurer), three Vice Presidents and one Assistant Vice President
- Act as main point of contact in Treasury for designated businesses
- Enforce strong forecasting process across the businesses
- Engage businesses in optimisation and mitigation of regulatory change
- Help drive returns culture across the business - perform useful analysis to understand returns generation at sub business level and use to inform discussions with the business. Contribute to return debates such as hurdle rates, client strategic planning
- Lead initiatives to assist in our efforts to efficiently manage capital as pertaining to specific businesses
Person Requirements Basic Qualifications
5 years + Capital Management experience
§ Experience in Finance, Risk and/or Treasury, preferably with some focus on Capital Management
§ Experience in working in a financial institution
§ Good understanding of Investment Banking businesses and activities.
§ Financial modeling and analysis skills
§ An analytical mindset coupled with the inclination to run and improve a rigorous process
§ Good presentation skills (in skills to prepare well thought out presentations)
§ Team player, with a proven ability to interact at a wide range of levels in- and outside their own team
§ Strong interpersonal and influencing skills
§ Flexible and committed with proven ability to perform under pressure
Barclays Investment Bank - 21 months ago
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