Non Agency Trading Desk Analyst AVP
New York
This role is regulated by FINRA.
As a Barclays Non-Agency Trading Desk Analyst Assistant Vice President, you will support the ABS/Non-Agency traders in their daily trading and risk management roles, calculating P&L and daily pricing, bond analysis, surveillance, and other projects. The ABS/Non-Agency Desk is a client facing trading operation focused on securitizations backed by residential loan. The team actively trades all areas of Non-Agency Trading Market and provides secondary market liquidity to serve the investment needs of global clients.
Salary / Rate Minimum: $125,000
Salary / Rate Maximum: $170,000
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.
Colleagues who perform ‘onsite’ roles will spend four or five days a week working onsite, depending on the requirements of their role and business area. Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.
What will you be doing?
• Being responsible for calculating daily P&L, risk exposures, hedges, and various other market driven metrics
• Constructing and maintaining bond pricing models for potential investments as well as surveillance of existing positions
• Working on enhancement of internal infrastructure and framework, including automation of processes and collaboration with various groups within Barclays
• Managing inventory along with hedges and their associated risks according to risk guidelines
• Supporting and tracking secondary bidlists and new issue pricing
• Collaborating with Product Control Group to review daily P&L
• Interacting with Operations to clear any trade or settlement issues where necessary
• Working with infrastructure partners to maintain solid control environment
What we’re looking for:
• Bachelor’s degree in Finance, Economics, Engineering, Mathematics and two to five years of experience in a financial services firm or institution
• Demonstrable interest in real estate with experience or relevant coursework considered a positive
• Excellent analytical and logical reasoning skills
• Ability to quickly learn and adapt to a changing trading and policy environment
Skills that will help you in the role:
• Ability to work in a dynamic, fast-paced and high pressure environment
• Good verbal and written communication skills to drive franchise business, collaborating with Sales and Research
• Proficient with Microsoft Excel, Bloomberg, Intex Dealmaker, Yieldbook
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.
We’re a global, vital and highly respected financial organisation with an inspiring Purpose. Operating in 50 countries and employing around 83,000 people across the world, we help communities, individuals and businesses thrive. And we’ve created financial solutions and technology that the world now takes for granted. A career with us can offer incredible variety, depth and breadth of experience, and the chance to learn from some of the best minds in technology and finance.