Trader Jobs – Barclays Bank UK

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Job Title:     Trader
Organisation: Barclays Bank
UK
Duty Station: Kampala,
Uganda
Reports to: Head of Trading
About US:
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 Trader will
be responsible for executing the trading book mandate as delegated by the Head
of Trading and the Treasurer, ensuring:
  • The generation of trading income from
    trading in FX, Bonds and Equities, as is permitted under the dealer
    mandate, with the objective of achieving income and business unit growth
    objectives;
  • Making market to the FX and Bond interbank
    markets, as appropriate;
  • The provision of pricing to sales dealers
    in order to facilitate client business;
  • 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).
Key Duties and
Responsibilities:  
Treasury Trading – 85%
  • Developing and executing trading
    strategies in line with the Treasury strategy, the Barclays Africa trading
    strategy, and the dealer mandate
  • 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
  • Focusing on revenue, business development,
    relationships with counterparties and the regulator, and growing the
    trading franchise
  • Working closely with the Africa trading
    desk and Africa Sales to support the roll out of Risk Management Products
    (RMP’s)
  • Taking into account the cost of funding in
    all trading decisions
  • Keeping up to date 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)
Risk Management – 10%
  • Giving input to the head of trading in
    respect of the annual planning and review of trading STP, RAF and MTP
    budgets
  • Giving input on the dealer mandate
  • Reviewing and signing off on daily risk
    and P&L reports
Personal Development – 5%
  • Actively managing one’s own technical and
    soft skills development
  • Researching, identifying and proposing
    training solutions to senior management for one’s own development     
Qualifications, Skills and
Experience:
  • The ideal candidate for the Barclays
    Trader job opportunity should hold a Bachelor’s Degree
  • Hold an ACI Dealing Certificate
  • At least three to five years’ experience
    related experience
  • Market Making experience
  • Trading experience
  • In-depth trading knowledge / experience of
    local market Rates and FX products
  • Broad knowledge and understanding of the
    policies, procedures and ethical requirements of a Treasury environment
  • Good understanding of the Treasury
    Business Model
  • Good Money Management skills;
  • Understanding of treasury operational
    processes and controls
  • Excel competency
  • Understanding of the mathematic of pricing
    for FX and Money Markets
  • Understanding of political and economic
    activity and the impacts on exchange rates and interest rates
How to Apply:
If you feel wish to join one of the world’s largest banking groups 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:
Barclays is an equal opportunity employer that recruits, develops and
promotes people on merit, and rewards outstanding performance, regardless of
background and gender.
Deadline: 20th January 2017

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