Macro Market Risk Manager

As a Barclays Macro Market Risk Manager you will be a part of the Macro Market Risk Management team, covering trading desks across the Rates, FX, and EM businesses. You will provide additional and independent information to the business to enhance decision making, whilst providing a control environment which satisfies the objectives set by the regulators.

Barclays is one of the world’s largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We’ve helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

What will you be doing?

• Ensuring daily signoff of risk, stress, and VaR/SVaR figures, to ensure timely and accurate market risk capture and risk reporting
• Providing accurate and timely production of Primary and Secondary Stress outputs, as well as the investigation of changes in the market risk that feed into the process
• Daily monitoring of exposures, and utilization against limits, as well as additional ad-hoc analysis, e.g. P&L arising from market moves, escalation of overages as appropriate
• Reviewing VaR and non-VaR limits, as well as scenarios shocks, on a periodic basis
• Supporting the senior risk managers identifying and aggregating the headline risks across the businesses; eriting weekly commentary of associated risks in the context of macro events
• Processing and production of the monthly Risk Not in VaR capitalization figures for the Macro businesses
• Ensuring full risk capture and completeness, both on a procedural (book and mapping) basis, as well as a risk factor (e.g. crosses, higher orders) basis
• Maintaining, improving, and creating risk reports for both informational and supervisory purposes

What we’re looking for:

• Motivated self-starter, able to operate from day one with minimal supervision essential
• Ability to handle multiple priorities and operate autonomously whilst still being able to escalate appropriately
• Proficiency in Excel absolutely required. Must have ability to evaluate basic Greek sensitivities
• Ability to propose, create, and deploy views and appropriate cuts of risks, including creation of new metrics or scenarios, in order to visualize and subsequently summaries risk for management

Skills that will help you in the role:

• Excellent interpersonal skills, with confidence to follow up with multiple upstream and downstream teams
• Technology proficiency in any of these languages: Python, SQL, VBA, C, C++, Java
• Some experience with relational databases and programming

Where will you be working?

You will be working at our Americas Headquarters at 745 Seventh Avenue. This 37-story office tower is located in Times Square in the heart of Manhattan and features a cafeteria, fitness center and state-of-the-art LED signage on the facade of the building.

LI – RM2021