Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US. Our goal is to become the bank of choice by providing superior services to customers and clients and supporting our stakeholders via a commercially successful business that generates long-term sustainable returns.
Our two clearly defined divisions, Barclays UK and Barclays International, provide diversification by business line, geography and customer, enhancing financial resilience and helping to contribute to the delivery of consistent returns through the business cycle. We have a strong core business with exciting prospects, well positioned to deliver long-term value for our shareholders.
Consistent with the objective of delivering long-term sustainable value for all our stakeholders, we have developed our Shared Growth Ambition – our approach to citizenship and the sustainability of the business model we operate. The aim is to make decisions and do business that provides our clients and customers, and the communities which we serve, with access to a prosperous future.
The delivery of our strategy is underpinned by the energy, commitment and passion of our people, and we are clear on our common purpose: to help people achieve their ambitions, in the right way.
About Equity Finance Group (EFG)
The equity finance group provides a tailored suite of investment products to meet highly competitive and demanding client demands. These typically include institutional investors such as hedge funds and asset managers
About Equity Synthetics Trade Capture
Synthetic is the term given to financial instruments that are created artificially by simulating other instruments with different cash flow patterns. Products used for synthetic trading can be assets or derivatives, but synthetic products themselves are inherently derivatives. In our world the synthetic will be defined as a derivative that infers its value from the underling equity share. A client may wish to gain exposure to the stocks volatility (beta) without physically owning the shares, therefore receiving cash flows which reflect the performance of the equity.
Trade capture are closely aligned to the desk and are responsible for booking the vast majority of our client facing positions and real world hedging activity. We manage approximately 20,000 executions daily, with accuracy, timeliness and diligence being a key component of our job. Synthetics trade capture is a client facing and risk impacting role.
Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager.
We are an equal opportunity employer and we are opposed to discrimination on any grounds.
Overall purpose of role
Synthetics Trade Capture is responsible for;
The booking of all give-up stock hedge executions across all synthetic products
Respond to business aligned queries internally/externally
Daily interaction with clients, trading, operations and risk management teams
Trade date client trade allocations
Client positional, PnL & trade break queries
Manual trade bookings including – Market Hedges, Rebalances, Crosses, Conversions, FX, ETFs, Bonds
CFD, PSwap and Single Stock give-up trade bookings
Ensure corporate actions & dividends reflected correctly on client accounts (lifecycle management)
Investigating daily FX, MTM and delta exposures
Reconciliation of book transfers, cash and hedge side
Managing portfolio swap reset processes
Accurately booking client and firm positions
Meeting stringent compliance guidelines
Managing client conversations on a daily basis
Stakeholder Management and Leadership
Hedge Fund / Asset Managers (clients)
Decision-making and Problem Solving
Challenge booking process to meet compliant, client and regulatory demands
Ability to work under pressure
Accuracy and attention to detail
Risk and Control Objective
Influencing and relationship-building skills
Team player with a high level of drive, commitment and enthusiasm
Motivated, dedicated self starter
Good Communicator - clarity, brevity and precision
Equity CFD, Single Stock Swap or portfolio swap experience preferable
Equity trade flow product knowledge
Effective at working in teams
Demonstrate ownership and prioritise work under pressure