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Barclays Investment Bank · 3 weeks ago

LatAM Sovereign Trader

745 7th Avenue, New York

Full-time

Hybrid

Senior Level

$247K/yr - $300K/yr

Barclays Investment Bank is seeking a LatAM Sovereign Trader to execute trades and manage risk within a defined portfolio of financial instruments. The role involves monitoring global financial markets, collaborating with research analysts, and managing trading strategies while ensuring compliance with risk management guidelines.

BankingFinancial Services

Responsibilities

Execution of buy and sell orders or pricing of liquidity in various financial instruments while adhering to the bank's trading strategies and risk parameters

Monitoring and analysis of global financial markets, economic indicators, news, and geopolitical events to identify trading opportunities and assess market risks

Management and monitoring of the risk associated with the trading portfolio and ensuring compliance with regulatory and internal risk management guidelines

Collaboration with research analysts and other teams to gather insights and information for trading decisions

Provide coverage for Emerging Markets Credit Trading business of global financial services firm, including LatAm financial institutions across the region

Use bond pricing tools, trading tools, brokers systems, and information systems to prepare ‘bid and offer’ prices to clients and counterparts

Work with internal Credit Sales and Research teams to develop trading ideas and strategies for external clients, including mean reversion

Manage bond risk in LatAm financial credits. Provide coverage as backup Trader for other traders on the LatAm corporate trading desk, as necessary

Develop trading ideas and trading strategies for clients, including mean reversion

Interact with a team of 5 other LatAm credit traders and analysts, to meet a budget of $15-$25mio annually

Manage risk responsibly within thresholds, market-making to clients, pitching trade ideas, mentoring junior traders and meeting target revenues

8% travel required to client sites domestically and internationally to develop and maintain client relationships. To client sites domestically and internationally to develop and maintain client relationships and to develop trading ideas and trading strategies for clients, including mean reversion. Trading emerging markets in Latin America requires travel to Argentina, Brazil, Mexico, U.K, Europe as well as different US cities such as Boston, Baltimore, LA and Chicago. This travel is key to building and maintaining the banks emerging market franchise in Latin America

Qualification

Emerging Markets TradingRisk ManagementBond Pricing ToolsTrading StrategiesMarket AnalysisCollaborationMentoringNegotiation

Required

Execute trades and manage risk within a defined portfolio of financial instruments

Stay informed about market trends and developments to make informed trading decisions

Execution of buy and sell orders or pricing of liquidity in various financial instruments while adhering to the bank's trading strategies and risk parameters

Monitoring and analysis of global financial markets, economic indicators, news, and geopolitical events to identify trading opportunities and assess market risks

Management and monitoring of the risk associated with the trading portfolio and ensuring compliance with regulatory and internal risk management guidelines

Collaboration with research analysts and other teams to gather insights and information for trading decisions

Manage a business function, providing significant input to function wide strategic initiatives

Contribute to and influence policy and procedures for the function and plan, manage and consult on multiple complex and critical strategic projects

Manage the direction of a large team or sub-function, leading other people managers and embedding a performance culture aligned to the values of the business

Provide expert advice to senior functional management and committees to influence decisions made outside of own function

Manage, coordinate and enable resourcing, budgeting and policy creation for a significant sub-function

Escalate breaches of policies / procedure appropriately

Foster and guide compliance, ensure regulations are observed that relevant processes in place to facilitate adherence

Demonstrate extensive knowledge of how the function integrates with the business division / Group to achieve the overall business objectives

Maintain broad and comprehensive knowledge of industry theories and practices within own discipline alongside up-to-date relevant sector / functional knowledge

Use interpretative thinking and advanced analytical skills to solve problems and design solutions in often complex/ sensitive situations

Exercise management authority to make significant decisions and certain strategic decisions or recommendations within own area

Negotiate with and influence stakeholders at a senior level both internally and externally

Act as principal contact point for key clients and counterparts in other functions/ businesses divisions

Mandated as a spokesperson for the function and business division

Provide coverage for Emerging Markets Credit Trading business of global financial services firm, including LatAm financial institutions across the region

Use bond pricing tools, trading tools, brokers systems, and information systems to prepare ‘bid and offer' prices to clients and counterparts

Work with internal Credit Sales and Research teams to develop trading ideas and strategies for external clients, including mean reversion

Manage bond risk in LatAm financial credits

Provide coverage as backup Trader for other traders on the LatAm corporate trading desk, as necessary

Develop trading ideas and trading strategies for clients, including mean reversion

Interact with a team of 5 other LatAm credit traders and analysts, to meet a budget of $15-$25mio annually

Manage risk responsibly within thresholds, market-making to clients, pitching trade ideas, mentoring junior traders and meeting target revenues

8% travel required to client sites domestically and internationally to develop and maintain client relationships

Benefits

This position is eligible for incentives pursuant to Barclays Employee Referral Program.

Company

Barclays Investment Bank

Barclays Investment Bank offers large corporate clients with strategic advisory, financing, and risk management solutions. It is a sub-organization of Barclays Corporate Banking.

Founded in 1997