As a Barclays Market Risk Manager within our Securitized Products Market Risk function, you will cover the Agency Residential Mortgage-Backed Service (RMBS) desk. You will be involved in designing and improving the market risk framework and enhancing risk analysis. Responsible for setting limit structures in line with approved risk appetite and monitoring the risk profile across the Investment Bank, you will be a part of the structure making up the second line of defence function.
Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. 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.
What will you be doing?
??? Working with the business, securitized products, QA and technology to improve the market risk framework ??? Monitoring risk positions and business performance, and related key issues in Agency RMBS Trading ??? Reporting and escalating any significant risks and issues to both the business and risk management ??? Reviewing and discussing positioning with the desk and challenging as required ??? Regularly reviewing risk limits and ensuring that policy and governance are followed ??? Helping / facilitating other required work streams / projects related the covered businesses, including IHC / CCAR, Audit, etc.
What we're looking for:
??? 5+ years of working experience in Agency RMBS risk management ??? A thorough understanding of TBAs, Specified Pools and Agency RMBS CMOs ??? Bachelor's degree in a quantitative science or finance discipline ??? Experience working with senior management and audit professionals
Skills that will help you in the role:
??? Interpersonal skills and the ability to collaborate with stakeholders ??? Advanced degree in computational finance or risk management ??? Chartered Financial Analyst (CFA) ??? Financial Risk Manager (FRM)
Where will you be working?
You will be working at our Americas Headquarters at 745 Seventh Avenue. This 37-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.