Vice President, Strategic Risk Transfer
Wilmington, DE
As a Barclays Vice President, Strategic Risk Transfer, you'll be a part of the Corporate Development business. The CDO business manages deals, M&A activity, strategic risk transfer, and strategic analysis and business optimizations. You'll be responsible for structuring and executing new strategic risk transfers, including asset analysis, transaction modelling, credit rating agency discussions, legal documentation, and internal/external governance. You'll have opportunity to consistently collaborate and interact with senior business 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'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.
We currently offer a hybrid working model where colleagues have the flexibility to split their time working from home and an office. Everyone has the opportunity to integrate their professional and personal lives through this dynamic working model.
What will you be doing?
•Overseeing execution of life-cycle events for the live strategic risk transfers, including credit quality monitoring, monthly performance, monthly reporting and periodic audit
•Owning/ coordinating of management of existing Strategic Risk Transfers transactions
•Being responsible for driving improvements and efficiencies of the post-execution management
•Ensuring that all business activities are carried out in compliance with the firm wide, and business specific conduct, risk & control limits and expectations
•Providing subject matter expertise on the impact of Strategic Risk Transfer activities across a number of key metrics (P&L, RWA, Balance Sheet, Liquidity & Capital)
•Developing/ maintaining relationships across a broad range of stakeholders to ensure that the business receives the required levels of technical/ practical support to meet its goals
•Taking responsibility for understanding complex ideas quickly and being able to communicate them to non-specialists clearly
•Analysing large data sets and the impact of adding/removing/substituting assets to existing risk transfer arrangements or setting up such new structures
What we're looking for:
•Degree or equivalent experience, ideally with some Finance or Economics element
•At least more than five years of structuring, risk transfer or securitization experience, ideally with an investment bank, investment fund or credit rating agency
•Solid analytical skills, particularly ability to distill relevant information from large data sets
•Ability to communicate complex transactions to a broad range of internal stakeholders, including senior management
In addition to the skills required to execute the job well, we're looking for people with the following capabilities to grow and contribute to our culture:
•Empathy: An ability to see a situation from another person's perspective
•Ownership: A strong sense of pride in your work
•Connection: Build relationships with partners and colleagues
•Innovation: Openness to finding creative solutions
•Persistence: Desire to go above and beyond when necessary to get the job done
•Collaboration: Work well with others while building projects together
Skills that will help you in the role:
•Solid analytical and financial modelling capabilities with direct experience in credit card/ consumer businesses
•Excellent oral and written skills
•Solid Project Management Skills; proficient to advanced R and/or Python user
•Experience leading cross-functional teams; proven influencing and relationship management skills
At Barclays we understand that power of great customer experiences and we work hard every day to make sure that the needs and expectations of our customers are met and exceeded.We focus our energies on making every customer engagement better than before.
Where will you be working?
Barclays' Wilmington campus boasts a recently renovated office space featuring a cafe, coffee bar, wellness breakout spaces and more. The campus is located along the historic Wilmington Riverfront where a glance out our windows reveals a scenic look at the Christina River and a growing riverfront community of luxury apartments, shops and restaurants. Additionally, the Wilmington train station is a short walk away, making travel from New York and Washington, DC fast and convenient.
We offer an environment that enables you to thrive and make an impact. Our colleagues are hard-working, focused on solutions, and collaborative. Here you will find people helping people at every level. Our culture is dedicated to innovation and maintaining a sense of balance and well-being.
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