Director, Principal Funding & Securitisation

Job Responsibilities

• Review securitisation and secured funding opportunities for Barclays. Transaction types include securitisation, covered bonds, and significant risk transfer (SRT).
• Develop structural features in order to ensure that transactions provide the optimal outcome for Barclays.
• Lead the execution of transactions on behalf of treasury, working closely with the relevant business line and the investment bank. This involves collaboration with a broad range of functions during the execution phase.
• Monitoring, amendment, and redemption of existing transactions.

Purpose of the Role

The purpose of this role is to design and structure complex financial products, such as derivatives, structured notes, and securitisations, to meet the specific needs of clients and market conditions.

Accountabilities

• Understanding of client investment objectives, risk tolerance, and market preferences, and analysis of market conditions, economic trends, and regulatory developments to identify potential structuring opportunities.
• Development and design of innovative financial products that meet the specific needs of clients and market dynamics, and structure transactions that effectively allocate risk and reward among various stakeholders.
• Estimation of the pricing and valuation of structured products using complex financial modelling and valuation techniques.
• Assessment of the credit, market, and operational risks associated with structured products, considering various market scenarios, and development of risk management strategies to mitigate potential risks and ensure product stability.
• Drafting and review of legal documentation for structured transactions, ensuring compliance with applicable laws, regulations, and market standards, and assistance in negotiating and finalising legal documentation with clients and counterparties.
• Management of the performance of structured product portfolios, including analysis of their performance against benchmarks, risk indicators, and investment objectives, and implementation and maintenance of effective risk management processes to monitor and control risks associated with structured product portfolios.

Director Expectations

• Manage a business function, providing significant input to function-wide strategic initiatives; contribute to and influence policy and procedures for the function and plan, manage, and consult on multiple complex and critical strategic projects, which may be business-wide.
• Manage the direction of a large team or sub-function, leading other people managers and embedding a performance culture aligned to the values of the business. For an individual contributor, lead organization-wide projects and act as a deep technical expert and thought leader, identifying new ways of working and collaborating cross-functionally. Train, guide, and coach less experienced specialists and provide information affecting long-term profits, organizational risks, and strategic decisions.
• Provide expert advice to senior functional management and committees to influence decisions made outside of own function, offering significant input to function-wide strategic initiatives.
• Manage, coordinate, and enable resourcing, budgeting, and policy creation for a significant sub-function.
• Escalate breaches of policies/procedure appropriately.
• Foster and guide compliance, ensuring regulations are observed and relevant processes are in place to facilitate adherence.
• Focus on the external environment, regulators, or advocacy groups to monitor and influence on behalf of Barclays when appropriate.
• Demonstrate extensive knowledge of how the function integrates with the business division/Group to achieve the overall business objectives.
• Maintain broad and comprehensive knowledge of industry theories and practices within own discipline, alongside up-to-date relevant sector/functional knowledge, and insight into external market developments/initiatives.
• Use interpretative thinking and advanced analytical skills to solve problems and design solutions in often complex/sensitive situations.
• Exercise management authority to make significant decisions and certain strategic decisions or recommendations within own area.
• Negotiate with and influence stakeholders at a senior level both internally and externally.
• Act as principal contact point for key clients and counterparts in other functions/business divisions.
• Mandated as a spokesperson for the function and business division.

Expected Leadership Behaviors

All Senior Leaders are expected to demonstrate a clear set of leadership behaviors to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviors are:

• L – Listen and be authentic
• E – Energise and inspire
• A – Align across the enterprise
• D – Develop others

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge, and Drive – the operating manual for how we behave.