Cash Trader - 90186586
Primary Location:US-New York-745 Seventh Avenue, New York, NY
Posting Range:18 May 2018 - Ongoing
Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 135,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
For further information about Barclays, please visit our website ****Barclays offers investment banking products and services in the US through Barclays Capital Inc.
Barclays Values and Diversity
Our common purpose is to help people achieve their ambitions – in the right way. We’ll measure and reward our people, not just on commercial results, but on how they live our Values of Respect, Integrity, Service, Excellence and Stewardship and bring them to life every day. To find out more about working at Barclays and the development opportunities we offer please visit our website ****We are an equal opportunity employer and we are opposed to discrimination on any grounds.
It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.
Risk and Control Objective
All Barclays colleagues have to ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards
Main duties and responsibilities
The US Trading desk is focused on the facilitation of customer order flow, providing of content, and management of capital. This includes trading responsibilities around NYSE and NASDAQ. More specifically, cash trading provides buy-side customers with single-stock flow execution and capital commitment.
Conduct quantitative analyses and develop cash equities business strategies on behalf of Equities Americas Cash desk and central risk book team. Inform investment decisions by analyzing financial information and utilize advanced statistics and math to analyze data in order to identify trends and make forecasts and business decisions. Assist senior traders with trade execution, performance evaluation, and developing action items for improvement. Monitor market trends and developments in business, finance, and equity movements in order to modify and develop market making strategies. Evaluate client analytics and present data to internal stakeholders via monthly decks and presentations. Utilize cash equities knowledge to develop market making strategies. Assist clients with trade execution and synthesize products to develop and recommend investments and investment timing ideas. Utilize understanding of client segmentation to review client analytics, develop action items, and implement trading strategies. Liaise with regional teams to develop global initiatives and roll out new systems and enhancement for Equities Americas Cash business’ processes and procedures. Ensure activities and duties are carried out in compliance with regulatory requirements, Operational Risk Framework, and internal Policies and Standards. Utilize VBA programming to analyze data and automate existing processes.
· Execution of client orders/trades:
· Read up on top news stories and fundamental research
· Speak with research analysts
· Allocating P&L
· Talking with sales traders about orders
· Execution of order flow, managing client risk trades
· Bachelor’s degree
· 1 years experience with demonstrated ability to research sector views, sell those views to customers, facilitate customer trades, and manage capital all at the same
economists and finance