Collateralized Loan Obligation (CLO) Trading Desk Analyst VP
New York, NY

This role is regulated by FINRA.

As a Barclays Collateralized Loan Obligation (CLO) Trading Desk Analyst, Vice President, you will support the CLO & Non-Agency trading desk in daily trading and risk management roles, calculating P&L and daily pricing, as well as bond analysis, surveillance, and other various projects. You will have the opportunity to join a client facing trading operation focused on securitizations backed by residential loan. You will trade all areas of Non-Agency Trading Market and provide secondary market liquidity to serve the investment needs clients.

Salary / Rate Minimum: $155,000
Salary / Rate Maximum: $250,000

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, 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.

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
• Generating bond models for potential investments as well as surveillance of existing positions
• Working on enhancements of internal infrastructure and framework, including automation of processes and collaboration with various groups within Barclays
• Being responsible for managing inventory along with hedges and their associated risks according to risk guidelines
• Supporting and tracking secondary bidlists and new issue pricing
• Interacting with Product Control Group to review daily P&L as well as interacting with Operations to clear any trade or settlement issues where necessary
• Being responsible for ensuring Trading Due Diligence is completed in a timely manner
• Working with infrastructure partners to maintain control environment

What we’re looking for:

• Bachelor’s degree in Finance, Economics, Engineering, Mathematics, and three to five years of experience at a financial services firm securitized products team
• Excellent analytical and logical reasoning skills
• Ability to quickly learn and adapt to a changing trading and policy environment
• Proficient with Microsoft Excel, Bloomberg, Intex Dealmaker, Yieldbook

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
• Excellent analytical and logical reasoning skills
• Ability to quickly learn and adapt to a changing trading and policy environment

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.