This job has expired, please see additional jobs below
US Specials Trading Director
Barclays Capital
New York, NY, United States
Job Details - this job has expired, please see similar jobs below
Description
Barclays Overview
Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 135,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
For further information about Barclays, please visit our website www.barclays.com.
Barclays offers investment banking products and services in the US through Barclays Capital Inc.
Barclays Values and Diversity
Our common purpose is to help people achieve their ambitions – in the right way. We’ll measure and reward our people, not just on commercial results, but on how they live our Values of Respect, Integrity, Service, Excellence and Stewardshipand bring them to life every day. To find out more about working at Barclays and the development opportunities we offer please visit our website www.barclays.com
We are an equal opportunity employer and we are opposed to discrimination on any grounds.
EEO Statement
It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.
Risk and Control Objective
All Barclays colleagues have to ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards
Main Function of the Job
The Equity Financing Specials Trading role is responsible for the daily pricing, trading, and inventory management for US Hard to Borrow securities. The role is responsible for delivering the most efficiently priced and stable supply of Hard to Borrow securities to the US and International client base via Cash and Synthetic Prime Brokerage, Delta 1, and the securities lending product offering. In addition the role is responsible for security specific, sector specific, special situation, and macro trend market color.
Main duties and responsibilities
The successful candidate will be responsible for:
• Daily coverage short sale coverage for firm and client transactions
• Single stock and sector book positioning and maintenance
• Idea generation and market color of single stock activity as well as special situation, sector, and macro trends
• Use quantitative techniques and models to maximize the performance and profitability of the specials book
• Contribute to the IT development and enhancement of the desks systems, tools, and MI
• Awareness of risk situations and demonstrated ability to adhere to procedures to ensure risk mitigation
Basic Qualifications
• Bachelor’s degree
• Existing knowledge of how and why institutional clients use the Equity Financing framework
• 8+ years of experience in the financial services industry
• 8+ years of experience using Excel/VBA
• Ability to multi-task and prioritize assignments
• Detail orientated and solution driven
• Reliable and trusted team player; ability to work with people of all levels
Preferred Qualifications
• Strong analytical skills
• Strong Interpersonal skills
• Able to collaborate with many different areas of the firm