Prime Middle Office Analyst

Location: Glasgow/ Hybrid

Length: 6 Months with possibility to extend 

PAYE only

Overall purpose of the role

Ensuring Cash Prime Brokerage processing and Client Service within middle office is of the highest standard, whilst meeting agreed SLAs, and being mindful of risk, efficiency, budget and personal conduct

Key Accountabilities:

• Responsible for Prime brokerage clients trade life cycle management/oversight across EMEA and Latam on 4 different Prime Brokerage platforms / entities within the middle office

• Act as the client's single point of contact for queries relating to trade feeds, pre matching, fails, position reconciliation and post settlement amendment.

• Interact daily with clients, settlement, counterparties and internal stock lending and repo desks.

• Maintain and enhance client/broker static mappings

• Assist in the Client PB on-boarding process in middle office

• Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Barclays Operational Risk Framework and internal Barclays Policies and Standards.

• Stakeholder Management

• Risk Management

• Decision making and problem solving

Key Skills:

• Excellent communication skills; ability to influence internal and external stakeholders; confidence in communicating with senior management.

• Strong understanding of Cash Security trade lifecycle, from initial trade execution through the settlement and post-settlement events

• Must exhibit sound knowledge of Either Equity or Fixed Income Operations including: Trade flows, Buy-Ins, Settlement Cycles of Major European Markets and Euroclear 

• Highly numerate with excellent analytical problem-solving ability and reconciliation experience

• Detailed knowledge with Cash PB products including Equity, Fixed Income and ETFs

• Must have experience working within Investment Bank Operations client facing role or equivalent Prime middle office Brokerage function

• Must show enthusiasm, initiative and diligence at all times.

• Must maintain a consistently high standard of approach at all times.

• Highly Desirable - Demonstrable experience in facing off to and communicating with clients that are Financial Institutions (ideally on the buy-side I.e Asset Managers & Hedgefunds)

• Desirable - Strength in manipulating data within Microsoft office packages and presenting them concisely and clearly in Powerpoint.

• Desirable- Understanding of CASS regulations

• Desirable- Familiar with wider financial services landscape, including regulation, utilities and vendors

• Desirable- Understanding of Prime Brokerage systems/applications (GOS & Memphis)

About Barclays

Barclays is a British universal bank. It is diversified by business, by different types of customers and clients, and by geography. Barclays businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by its service company which provides technology, operations and functional services across the Group.

Values

Everything Barclays does is shaped by its five values of Respect, Integrity, Service, Excellence and Stewardship. The Barclays values inform the foundations of its relationships with customers and clients, but they also shape how Barclays measures and rewards the performance of colleagues. Simply put, success is not just about what you achieve, but about how you achieve it.

Diversity

Barclays aims to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to Barclays vision and goals.

Hybrid Working

Barclays is currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. Barclays is flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. Barclays also has a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances

Your Benefits

As a contract employee of Randstad Sourceright, you’ll receive a wide range of financial and personal benefits. There’s enrolment in a pension plan (after 12 weeks on assignment) and holiday pay. You’ll also get 24/7 access to an Employee Assistance Programme, designed to help you deal with any problems that could be affecting your home or work life. Plus, there’s discounts at heaps of high street shops, restaurants and entertainment - from Asda to Zizzi Italian restaurants.