Capital Optimization Director

3 weeks ago


New York, New York, United States Barclays Full time
Job Description

Purpose of the Role

To oversee the management, optimization, and control of financial resources and portfolio-wide services to drive a competitive advantage.

Key Accountabilities

  • Develop and implement strategies to optimize financial resource allocation and utilization, ensuring compliance with group targets and regulatory requirements.
  • Conduct financial analysis, including risk assessments and scenario planning, to inform decision-making and resource allocation.
  • Collaborate with business stakeholders to develop financial plans, budgets, and forecasts aligned with organizational objectives.
  • Monitor and assess financial resource consumption against established benchmarks and key performance indicators (KPIs).
  • Identify and mitigate financial risks through the implementation of risk management strategies and controls.

Vice President Expectations

  • Advise key stakeholders on functional and cross-functional areas of impact and alignment.
  • Manage and mitigate risks through assessment, in support of the control and governance agenda.
  • Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work of the team.
  • Demonstrate a comprehensive understanding of organizational functions to contribute to achieving business goals.
  • Collaborate with other areas of work to maintain business alignment and support.
  • Create solutions based on sophisticated analytical thought, comparing and selecting complex alternatives.
  • Adopt and incorporate the outcomes of extensive research in problem-solving processes.
  • Build and maintain trusting relationships and partnerships with internal and external stakeholders to achieve key business objectives.

About the Role

This role is located in New York, NY, and will support the RMG - Business Optimization team. The successful candidate will have a specific focus on tactical optimization and strategic optimization of financial resources for all global Barclays entities. Additionally, they will help the firm navigate through a period of rapid regulatory changes.

Requirements

  • Ample quantitative and analytical background, with excellent problem-solving skills.
  • Extensive experience in financial services firms or institutions.
  • Working technical knowledge of BCBS Regulations, including jurisdictional nuances, US GAAP, and IFRS considerations.
  • Understanding of current and upcoming banking regulations.
  • Considerable MS Office skills (Excel, PowerPoint).

Preferred Skills

  • Undergraduate degree in Math, Engineering, Finance, or related field.
  • Prior experience with Business Intelligence Tools like Business Objects and QlikView, as well as relational databases and SQL.
  • Knowledge of Liquid Financing and Clearing business, operating models, and regulatory capital considerations.
  • Ability to work independently, demonstrating ownership and prioritization under pressure.
  • Hardworking, with an eye for detail.

Salary Information

Minimum Salary: $155,000

Maximum Salary: $250,000



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