Analyst - Collateral Optimization Unit - BFSI

Key Accountabilities and Skills required:

Key specific accountabilities: The Team in Mumbai is responsible for :

- Daily monitoring, review of margin and changes in risk and portfolio composition for Uncleared Swap Margin clients.

- Understand deeply and contribute to build out of the Sensitivity based Margin Methodology in practice from ISDA for Uncleared Margin products.

- Work closely with the Un cleared Margin programme team to research, analyse and document key business requirements

- Perform daily analysis on huge Margin movements in Clients portfolio by understanding the various methodologies /Strategies like Convert Arb, ADTV, IR, FX, Bond/CDS and give approval to ops to issue the margin calls/ reports to clients

- Perform risk & margin analysis by working with a range of stakeholders internally & externally

- Create communication & presentation materials going through analysis, key requirements & findings for multiple levels of stakeholders

- Liaise with technology teams in order to drive functional specifications and delivery.

- Develop, enhance and understand the internal tools developed b the team to manage daily margin signoffs and analysis. The tools are mainly on SQL based dashboards.

Stakeholder management and leadership:

- This is a high-profile front office position which will require a high level of engagement with a variety of stakeholders across the firm, including Trading, Sales, Risk, Legal, QA, Technology and Operations.

- Need to proactively manage projects related to Un cleared Derivative Margin rollout actively working with IT, Ops and Risk teams.

Decision making and problem solving:

- Liaise with Prime Services Risk Owners, Operations, Credit Risk, Legal and IT on daily issues and ensure the fixes are implemented or interim solutions are provided before agreed SLAs of Client margin calls, else instruct teams to communicate clients for the delays in Margin Calls. Also direct teams with possible solutions to the fixes and guide them how to implement them

- Proactively provide inputs and suggestions to improve processes.

Risk and Control: 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

Your Skills and Qualifications will include:

Graduate or MBA/IT. CFA/FRM finance courses are an advantage

Works in a risk relevant role. Should have good product knowledge - Rates, FX, Equities and Credit.

Methodologies including Equity Long/Short, Convertible Bond Arbitrage, ADR/ORD trading, etc along with a good working knowledge of other asset class portfolio margin methodologies.

Understanding of OTC derivatives products and related margin methodologies, derivatives pricing, risk including value-at-risk, historical simulation and VCV (variance co-variance).

Understanding of first and second order risk sensitivities

Excellent verbal and good written communication with ability to produce business requirements specifications.

Highly analytical and numerate with exceptional problem solving abilities

Advanced Excel (Pivot tables, Macros), MS Access/SQL Language with an intermediate understanding of databases, inclination to learn new IT Skills like Qlikview. Coding ability in functional languages such as R, Python, will be an added advantage.

Familiar with EMIR, Dodd-Frank, specifically in relation to margin for non-centrally cleared derivatives

Well organised with good time management skills and the ability to meet tight deadlines and prioritise tasks.

Team player with an ability to quickly build credibility

Able to multi-task and prioritise accordingly in a highly pressurised environment.

Detailed and meticulous, consistently delivering a high level of accuracy and attention to detail with high quality output