Equity Derivatives Structuring

Join us as an "Equity Derivatives Structuring" at Barclays Equity Derivatives Structuring is the dedicated trading and structuring team within Barclays, responsible for structured derivatives. The team works with a full range of clients and is a global leader in providing structured solutions for both sides of the balance sheet and various investment strategies. The purpose of this role is to assist the structuring team in pricing and delivering solutions to clients in a timely manner. The candidate will over time need to develop a strong understanding of various structure products traded by Barclays, their pricing parameters, risk factors and sensitivities. They would need to develop an understanding of how trades will perform under different market conditions and across the life of the trade and the Profit & Loss movement, eventually supporting the desk with stress testing and pricing of various structured products.

To be successful as an "Equity Derivatives Structuring", you should have experience with:

Basic/ Essential Qualifications:

Understanding payoff of structured products (Exotic Options like Auto-callables, Equity Linked Notes, Basket Options, etc. ) and having the ability to understand the greek profile of various exotic option structures. To be able to use different in house models to be able to price them in a relatively short time to meet the demand from Sales during live market.

Ability to run various pricing engines via Python to make the pricing process further efficient.

Providing support to the traders on an adhoc basis on daily trade life cycle activities like monitoring impact of corporate actions on Quantitative Investment Strategy business, updating PNL generated for the day etc. for Exotic Options.

Automation of Factsheet and MTM reports as a part of the BAU activity to send position reports and analytics to client and other teams.

*Provide term sheet and stress tests once the trades/strategies have been executed. As the candidate would be working with various infrastructure teams and speaking to them, they should have a good verbal communication.

*Verifying client reports for correctness in data before they are circulated.

*Ability to communicate effectively with stakeholders like Global Structuring, Trading, IT and Legal teams to ensure any issues resolved proactively.

*The candidate would have to interact with counterparts in New York. The candidate would have to work with the structuring and trading teams to understand the requirements, create the analytics, identify the opportunities and communicate the same to the desk. Ability to prioritize different responsibilities and guide junior team members to deliver their work.

Desirable skillsets/ good to have:

The candidate will have to be proactive in identifying issues and getting them resolved by aliasing with various stakeholders. The candidate needs to work on several time sensitive activities and hence is required to be meticulous and efficient.

*Good knowledge of Equity Derivatives and Indices.

Strong Analytical and Quantitative ability.

Eye for Detail - Need to make sure all corporate actions are incorporated. Any missing prices are updated.

Good Programming skills including Excel/VBA and Python to focus on automation and efficiency generation.

*Strong co-ordination skills to manage multiple tasks.

*Flexible to work long hours.

*Excellent communication skills (oral/written) and good written/presentation skills.

*Proactive in nature. Should be able to demonstrate a self-starting attitude.

This role will be based out of Mumbai.

Purpose of the role

To develop and implement structured financial products and solutions to meet the needs of clients and optimize the banks market exposure and profitability.

Accountabilities

• Development of innovative structured financial products and solutions to address the specific needs of clients, including derivatives, structured notes, and other structured investment products.
• Risk analysis and management associated with structured products, including market risk, credit risk, and operational risk, to ensure compliance with regulatory requirements and bank policies.
• Assessment of pricing and valuation of structured products, including the use of mathematical models and financial instruments, and liaising with trading to ensure competitive pricing.
• Collaboration with traders, risk managers, and other stakeholders to ensure effective product implementation and risk mitigation.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L - Listen and be authentic, E - Energise and inspire, A - Align across the enterprise, D - Develop others.
• OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc). to solve problems creatively and effectively.
• Communicate complex information. Complex information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders to achieve outcomes.