AVP - Structured Credit Trading

Barclays (Mumbai, MH, India) 3 days ago

Job Description :

AVP - Structured Credit Trading
The candidate would Work within a team that covers APAC & EU hours supporting a team of traders across a global Structured Credit Trading business. The business offers asset side investor products focusing on CLNs, repacks of bonds, arbitrage notes (skew, negative basis) covering distributors, private banks and institutional clients across Europe and globally. The hired professional is expected to develop intimate knowledge about all the products that the desk offers and also be able to price/structure these products independently.
What will you be doing?
  • Assist the desk in managing current trade inventory and coming up with new trade ideas
  • Provide pricing support for CLNs and repacks. Understanding of CVA and XVA
  • Manage trade booking and all operational aspects on CLNs, Repacks and other structured notes (Day 1 trade booking, risk reconciliation, Credit events, unwinds, restructures, counterparty setup)
  • Provide daily valuations of all structured notes printed by the desk while being able to explain any changes in price
  • Daily PnL reconciliation – being able to build independent PnL sheets and sense check numbers in risk systems
  • Helping build and optimise everyday tools used by desk traders
  • Build and maintain trade and booking database
  • Help manage all risk reports (credit risk, market risk) and present data for senior management
  • Track trades done and provide secondary market valuations for clients

What we're looking for:

  • Knowledge of Credit derivatives and their risk factors and pricing

  • Quantitative background from a top tier school

  • Excellent communication skills (oral/written) as the candidate would have to work with Onshore teams globally. They would have to speak to the traders.

Skills that will help you in the Role:

  • Strong Analytical Skills

  • Aptitude for self-learning and able to operate independently

  • Proactive in nature. Should be able to take decisions and support those.

  • Team player

  • Good to have: Ability to code in python or C++ or VB (Macros)

Where will you be working?

Be More at Barclays
At Barclays, each day is about being more – as a professional, and as a person. 'Be More @ Barclays' represents our core promise to all current and future employees. It's the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.
Our Values
Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. Our values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our colleagues. Simply put, success is not just about what you achieve, but about how you achieve it.
Our Diversity
We aim to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to our vision and goals.
Our Benefits
Our customers are unique. The same goes for our colleagues. That's why at Barclays we offer a range of benefits, allowing every colleague to choose the best options for their personal circumstances. These include a competitive salary and pension, health care and all the tools, technology and support to help you become the very best you can be. We are proud of our dynamic working options for colleagues. If you have a need for flexibility, then please discuss this with us.

AVP - Structured Credit Trading

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