Barclays

Utilities Trading Assistant

Barclays$70K — $100K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in trade support or a related field
  • Intermediate Excel skills, including VBA proficiency
  • Familiarity with programming to support automation efforts
  • Strong knowledge of fixed income products and market dynamics
  • Understanding of regulatory frameworks like TMPG and CSDR
  • FINRA licensed or willingness to obtain license
  • Prior experience in the financial industry is preferred

Responsibilities

  • Provide immediate technical support to traders for hardware and software issues
  • Coordinate trade executions with traders and clients to ensure seamless transactions
  • Maintain and update trade records and client databases diligently
  • Prepare reports, presentations, and essential documentation for trading activities
  • Monitor market data and assist in financial analysis for trading decisions
  • Process trades, confirm orders, and resolve trade discrepancies
  • Support the integration of AI and automation into workflow processes

Benefits

  • Opportunity for professional development and continuous improvement
  • Work in a forward-thinking team focused on innovation
  • Collaborative environment with a focus on leadership and team support
  • Engagement in cutting-edge technologies and processes
  • Access to a wide network within the finance industry
Full Job Description
Job Description

Purpose of the role

To maintain the smooth and efficient operation of our trading desks, providing operational support and expertise to traders, sales professionals, and other key stakeholders, helping them maximize their productivity and minimize disruptions and handling administrative tasks, and providing market information and research.

Accountabilities
  • Provision of immediate and efficient technical support to traders and sales professionals on the trading desks, resolving hardware, software, and network-related issues to ensure uninterrupted trading activities.
  • Coordination of trade execution by liaising with traders, clients, and other internal teams to ensure smooth transactions.
  • Maintenance and updating of trade records, transaction logs, and client databases accurately.
  • Reports, presentations, and documentation preparation to support sales and trading activities.
  • Monitoring of market data and assist in the analysis of financial information for trading decisions.
  • Operational tasks such as processing trades, confirming orders, and resolving trade discrepancies.


Analyst Expectations
  • To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
  • Requires in-depth technical knowledge and experience in their assigned area of expertise
  • Thorough understanding of the underlying principles and concepts within the area of expertise
  • They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
  • 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 develop technical expertise in work area, acting as an advisor where appropriate.
  • Will have an impact on the work of related teams within the area.
  • Partner with other functions and business areas.
  • Takes responsibility for end results of a team's operational processing and activities.
  • Escalate breaches of policies / procedure appropriately.
  • Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
  • Advise and influence decision making within own area of expertise.
  • Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
  • Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
  • Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
  • Make evaluative judgements based on the analysis of factual information, paying attention to detail.
  • Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
  • Guide and persuade team members and communicate complex / sensitive information.
  • Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.


Join Barclays as a Utilities Trading Assistant. At Barclays, our vision is clear -to redefine the future of banking and help craft innovative solutions. In this role, you will support the resolution of fixed income trading by identifying, executing, and booking internal and external transactions across front-office trading systems. You will perform cost/benefit analysis on over-borrows, manage intercompany bond settlements, and help optimize regulatory fail penalties under TMPG and CSDR frameworks. The team is actively moving forward with AI and automation and seeks someone who can leverage technology to improve processes and decision-making.

To be successful as a Utilities Trading Assistant, you should have:

  • Trade identification, booking, and settlement experience across front-office systems
  • Prior knowledge of fails management, over-borrow analysis, and cost/benefit execution
  • Intermediate Excel skills including VBA; strong Microsoft Office proficiency
  • Programming or coding familiarity to support automation and AI initiatives


Some other highly valued skills may include:

  • Fixed Income product knowledge and market understanding
  • FINRA licensed or desire to obtain
  • Prior financial industry experience


You may be assessed on the key critical skills relevant for success in this role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role is located in New York, NY.

Minimum Salary: $70,000

Maximum Salary: $100,000

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.

About Barclays

Barclays is a British multinational investment bank and financial services company. The company was founded in 1690 and is headquartered in London, England. Barclays provides a range of financial services, including retail banking, corporate banking, investment banking, and wealth management. The company operates in over 40 countries and has over 83,000 employees. In 2020, Barclays reported revenue of £21.8 billion and net income of £1.5 billion. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Learn more about Barclays
Size
81,600 employees
Market Cap
$30.2 billion
Industry
Net Income
$2.3 billion
Founded
1997
5 Year Trend
-5%
NASDAQ

Similar Jobs

More Jobs at Barclays

More Energy & Utilities Jobs

Find similar Utilities Trading Assistant jobs: