Barclays UK
European Synthetics Sales Trading Assistant
This job is now closed
Job Description
- Req#: 90378461
European Synthetics Sales Trading Assistant
London
As a Barclays European Synthetics Sales Trading Assistant, you will be part of the equity finance group that provides a tailored suite of investment products to meet highly competitive and demanding client demands typically hedge funds and asset managers. You will be aligned to sales trading and you will be responsible for booking the most of the Bank’s client facing positions and real-world hedging activity. Lastly, you will work in a synthetic trading assistant team, which is a client facing role with a significant focus on risk management.
Barclays is one of the world's largest and most respected financial institutions, established in 1690, with a legacy of success, quality, and innovation. We offer careers that provide endless opportunity – helping millions of individuals and businesses thrive and creating financial and digital solutions that the world now takes for granted.
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?
• Focusing on execution of the Bank’s client strategy and client experience
• Driving best in class development to create a market leading commercial offering
• Managing and possessing oversight of all stock hedge executions across synthetic products (CFDs, Portfolio Swaps, Single Stock)
• Undertaking daily trade management, including; Market Hedges, Rebalances, Crosses, Conversions, Exchange Trades, Corporate Actions, EFPs, FX, ETFs, F&O, Bonds
• Managing daily hedge fund portfolio management including positional, PnL and delta breaks
• Ensuring corporate actions and dividends are reflected correctly on synthetic and hedge positions
• Booking accurately client and firm positions and meeting stringent compliance guidelines
• Managing client conversations daily
What we’re looking for:
• Existing experience within an IB or equivalent buy-side experience who has existing equity trade flow product knowledge – execution through to settlement
• An individual with a track record as a technical SME and risk centric mindset
• Someone who has the ability to quickly grasp new regulatory concepts and the effects they may have on the Business
• A professional with a firm understanding of the Prime Brokerage business and its product offering to hedge fundsSkills that will help you in the role:
• Knowledge in Equity CFD, Single Stock Swap or Portfolio Swap knowledge
• Asset servicing knowledge – including complex global M&A deals, dividends and corporate actions
• Risk – Understanding as to how the synthetics sales and trading team manage risk front to back
• VBA, SQL coding knowledge is a plus
Where will you be working?
In the heart of Canary Wharf, our headquarters at Churchill Place boasts onsite amenities such as; a gym, staff restaurant and deli bar, and is easily accessible by tube and bus links. With a population of around 5000 staff the atmosphere is second to none with a real buzz being created around the offices within
#LI-HybridAbout the company
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