Par Closing Team Leader

Recruiter
Barclays
Location
London, United Kingdom
Salary
Competitive
Posted
17 May 2022
Closes
31 May 2022
Ref
14936748
Job Function
Operations
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
As a Barclays Par Closing Team Leader, you will work servicing the Barclays client base by acting as the administrative point of communication for all loans traded on the secondary market. You will oversee and manage the Par Loan Closing team who are responsible for the daily operation of trade settlement and management of controls and key risk indicators. You will be delivering against SLAs, managing volume with team planning, quality assurance and task completeness.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We offer careers that provide endless opportunity - helping millions of individuals and businesses thrive, and creating financial and digital solutions that the world now takes for granted.

What will you be doing?
• Overseeing and managing the Par Loan Closing Team
• Developing relationships with management, clients, Business Managers and other support teams across Barclays including Finance, Risk and Treasury
• Full management responsibility of multiple teams in accomplishing tasks to meet daily/weekly/monthly targets
• Responsibility for ensuring all activity is conducted in accordance with policy, procedure and appropriate controls
• Identifying process improvements within the organisation with both internal and external partners to create efficiencies.
• Articulating and assessing risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Barclays
• Influencing strategic decisions through sound advice, challenging the business to deliver a strategic outcome that is considerate of the E2E and impact to the stakeholder group
• Liaising with the trading desk, sales and deal analysts as well as trade counterparties, agent banks, legal counsel, both internally and externally

What we're looking for:
• Demonstrable experience within the Secondary Loans Closing space covering transactions across both LMA and LSTA documentation
• Previous Team Leader or management experience
• Ability to work in a high pressure environment with the ability to manage a diverse workload to tight deadlines
• Experienced at handling a large portfolio of trades adopting a cradle-to-grave approach

Skills that will help you in the role
• Able to problem solve system discrepancies, PNL adjustments and able to make decisions around PNL accruals and cash postings
• Excellent communication and decisions making skills with proficiency in Microsoft Office including Excel and PowerPoint
• Excellent interpersonal skills

Where will you be working?
In the heart of Canary Wharf, our headquarters at Churchill Place boasts onsite amenities such as; a gym, staff restaurant and deli bar, and is easily accessible by tube and bus links. With a population of around 5000 staff the atmosphere is second to none with a real buzz being created around the offices within.

Hybrid Working
We are currently operating in a hybrid working environment, meaning that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. Please discuss the detail of the working pattern options for the role with the hiring manager.

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