US Head of Escrow & Captive Insurance Coverage

Learn more about Barclays
Barclays

Barclays

US Head of Escrow & Captive Insurance Coverage

New York, NY
Full Time
Paid
  • Responsibilities

    US Head of Escrow and Captive Insurance Coverage
    New York

    This role is regulated by FINRA.

    As a Barclays US Head of Escrow and Captive Insurance Coverage, you’ll be owning and growing the PnL of the Insurance business in the US. This is an opportunity to be ensuing a best in class risk & control culture, bringing recent industry best practice to the ICB Americas product set. The Corporate Strategic Solutions team is a global client coverage team within the ICB IFC (Insurance, Funds & Corporate Strategic Solutions) business, providing client origination, escrow, securitization & captive insurers banking services for clients globally.

    Salary / Rate Minimum: 145,000
    Salary / Rate Maximum: 215,000

    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 have applied for 'onsite' roles are expected to work four or five days a week at the selected workplace, contingent upon their specific role and business area requirements. If you're applying for a position, please discuss the working pattern specifics with the hiring manager. It's important to note that we are constantly adapting our working environment, and as a result, working arrangements can be adjusted with reasonable notice to align with our business needs.

    What will you be doing?

    • Leading and developing a small, dedicated team of escrow and captive insurance relationship directors
    • Determining and driving business opportunities with new and existing clients across key account portfolios and within an agreed client planning framework
    • Coordinating across Barclays’ businesses to leverage the global platform for the benefit of clients, as well as to build out “own” network
    • Creating a close working relationship with in country Global Relationship Directors & local Country Relationship Director bankers to unlock new Captive opportunities
    • Leading initiatives with external business introducers, trade associations, solicitors and accountants
    • Building a book of new Onshore Captive client acquisitions onto the New York branch
    • Utilizing existing network of law, accountancy and professional advisory firms to secure new escrow mandates in New York
    • Supporting wider offshore teams with business originating from Bermuda and the Cayman Islands; traveling periodically to both locations for continued support

    What we’re looking for:

    • Bachelor’s degree and Corporate and Investment banking experience
    • Solid experience with international client relationships in both a servicing and sales environment
    • An extensive network including law firms and other KBIs to create business introductions
    • Experience working independently and with colleagues across multiple jurisdictions

    Skills that will help you in the role:

    • Business skills / Understanding Client Needs
    • Commercial Effectiveness / Drive for Results
    • Prior formal credit training
    • Technical skills within sales and networking

    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.

  • Industry
    Banking
  • About Us

    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.