Barclays Bank UK Job Opportunities – Head of Trading

Organisation: Barclays
Bank UK
Duty
Station:
 Kampala, Uganda
About
Barclays UK:
Barclays is
a British multinational banking and financial services company headquartered in
London. It is a universal bank with operations in retail, wholesale and
investment banking, as well as wealth management, mortgage lending and
credit cards. It has operations in over 50 countries and territories and
has around 48 million customers. As of 31 December 2011, Barclays had total
assets of US$2.42 trillion, the seventh-largest of any bank worldwide.
Job
Summary: 
The Head of Treasury will be accountable for the Treasury
Trading team, focusing on executing the separate and distinct mandates as they
relate to the Trading Book Portfolios. The incumbent will be ensuring that all
risks are managed under the separate portfolios in line with the respective
dealing mandates and the respective policies and procedures, with special focus
being placed on the management of the Investment portfolio, funding and
liquidity and trading income.
Key Duties and Responsibilities: 
1.
Treasury Trading:
To be accountable for the Treasury Trading and
related functions, focusing on executing all FX, Bond and Equity trading, as
may be relevant, whilst achieving income and business unit growth objectives.
Ensuring the
traders undertake the following:
  • The generation of trading income with the objective of
    achieving income and business unit growth objectives;
  • The provision of pricing to the interbank market and to
    the sales dealers;
  • Ensuring that that all risks are managed under the
    respective portfolios according to the dealing mandate and the respective
    policies and procedures (adherence to market risk limits, credit risk
    limits, tenor limits).
1.
Trading: 70%
  • Developing and executing trading strategies in line with
    the Treasury strategy, the Barclays Africa trading strategy, and the
    trading mandate
  • Approving the execution of trading strategies
  • Anticipating market developments and identifying trade
    opportunities with risk-adjusted superior returns
  • Ensuring that the daily transactions and trading
    activities conform to the set business unit goals and objectives
  • Working closely with the Africa trading desk and Africa
    Sales to support the roll out of Risk Management Products (RMP’s)
  • Reviewing and evaluating the performance of individual
    traders based on business development, income, relationships with
    counterparties and the regulator, and efforts in growing the trading
    franchise
  • Staying updated with market intelligence and market
    movements and regularly updating the treasurer, the sales team, and the
    broader treasury team
  • Generating a daily flash P&L by the cut-off time as
    advised by Barclays Africa Trading
  • Establishing excellent working relationships with bank
    counterparties and the regulator (as is appropriate)
2.
Risk Management and Reporting: 20%
  • Driving the annual planning and review of trading STP, RAF
    and MTP budgets
  • Providing input in and approving dealer mandates for
    further approval by the head of treasury prior to submission to risk
  • Reviewing daily risk and P&L reports
3.
Personal Development: 10%
  • Actively managing one’s own and the team’s technical and
    soft skills development
  • Researching, identifying and proposing training solutions
    to senior management for one’s own and for the team’s development
Qualifications, Skills and Experience: 
  • The applicant must hold a relevant Bachelor’s Degree
  • ACI Dealing Certificate
  • At least three to five years’ experience related
    experience
  • Past Market Making experience
  • Prior Money Market and Funding experience
  • Past management experience
  • Trading experience is an added advantage
  • Comprehensive trading knowledge / experience of local
    market Rates and FX products
  • Good knowledge and understanding of the policies,
    procedures and ethical requirements of a Treasury environment
  • Subject matter expertise and relevant experience (banking
    and Treasury)
  • Skills in leadership and team management
  • Good negotiation skills
  • A good communicator who is able to articulate the rationale
    for liquidity control and add value to business stakeholders
  • Good Money Management skills;
  • Understanding of treasury operational processes and
    controls
  • Excel competency
  • Understanding of the mathematic of pricing for FX and
    Money Markets is highly preferred
  • Good knowledge and understanding of political and economic
    activity and the impacts on exchange rates and interest rates
How to
Apply:
If you feel
challenged by any of the above positions, and believe you can deliver on key
deliverables as outlined above, upload your application letter, current
curriculum vitae and photocopies of academic certificate to our recruitment
website detail below:
Click
Here
 -> Apply Online
Barclays is
an equal opportunity employer that recruits, develops and promotes people on
merit, and rewards outstanding performance, regardless of background and
gender.
For queries
contact us on 0417122453 or email: barclays.uganda@barclays.com
Deadline:  4th
July, 2014

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More Ugandan Jobs, Please Visit http://www.theugandanjobline.com  or
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