Middle Office Banking Analyst
1 week ago
The Equity Financing Middle Office team at Barclays is seeking a highly skilled professional to join their ranks. As a member of this team, you will be responsible for providing global support for the Equity Financing desk, which involves daily interaction with Trading/Sales for both bilateral cash/non-cash activity and Tri-party. Your primary focus will be on reviewing contracts to identify and resolve economic differences of Borrow/Loan activity, notifying returns, and managing risk associated with activity processed by the Equity Financing desk.
Additionally, you will be responsible for the timely and accurate management of domestic and international Triparty transactions, as well as managing the firm's liquidity pool accounts. This includes trade flow/trade matching, collateral allocations and releases, funding of trade maturities, and ensuring an accurate stock record. Your team will strive to minimize the use of intraday credit through an effective intraday collateral substitution process, while ensuring all requested securities are released from tri-party in a timely manner to support the firm's Settlement activity.
To succeed in this role, you should possess excellent analytical and problem-solving skills, as well as strong communication and interpersonal skills. Experience in prime service middle office operations, preferably in the SBL area, is also essential. Product knowledge in Equity financing, such as SBL and secured funding, as well as knowledge in the Asian market settlement process, would be advantageous.
Accountabilities- Support various business areas with day-to-day initiatives including processing, reviewing, reporting, trading, and issue resolution.
- Collaborate with teams across the bank to align and integrate operational processes.
- Identify areas for improvement and provide recommendations in operational processes.
- Develop and implement operational procedures and controls to mitigate risks and maintain operational efficiency.
- Develop reports and presentations on operational performance and communicate findings to internal senior stakeholders.
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