Job purpose
- To be accountable for the Treasury Trading team, focusing on
executing the separate and distinct mandates as they relate to the Trading
Book Portfolios. - Ensuring that all risks are managed under the separate
portfolios in line with the respective dealing mandates and the respective
policies and procedures, with special focus being placed on the management
of the Investment portfolio, funding and liquidity and trading income.
Head Of Trading
Job Main Accountabilities
Treasury
Trading
Trading
- To be accountable for the Treasury Trading and related
functions, focusing on executing all FX, Bond and Equity trading, as may
be relevant, whilst achieving income and business unit growth objectives.
Ensuring the
traders undertake the following:
traders undertake the following:
- The generation of trading income with the objective of
achieving income and business unit growth objectives; - The provision of pricing to the interbank market and to the
sales dealers; - Ensuring that that all risks are managed under the respective
portfolios according to the dealing mandate and the respective policies
and procedures (adherence to market risk limits, credit risk limits, tenor
limits).
Trading
Key actions to
include:
include:
- Developing and executing trading strategies in line with the
Treasury strategy, the Barclays Africa trading strategy, and the trading
mandate - Approving the execution of trading strategies
- Anticipating market developments and identifying trade
opportunities with risk-adjusted superior returns - Ensuring that the daily transactions and trading activities
conform to the set business unit goals and objectives - Working closely with the Africa trading desk and Africa Sales
to support the roll out of Risk Management Products (RMP’s) - Reviewing and evaluating the performance of individual
traders based on business development, income, relationships with
counterparties and the regulator, and efforts in growing the trading
franchise - Keeping up to date with market intelligence and market
movements and regularly updating the treasurer, the sales team, and the
broader treasury team - Generating a daily flash P&L by the cut-off time as
advised by Barclays Africa Trading - Establishing excellent working relationships with bank
counterparties and the regulator (as is appropriate)
Risk Management
& Reporting
& Reporting
Key actions to
include:
include:
- Driving the annual planning and review of trading STP, RAF
and MTP budgets - Giving input on and approving dealer mandates for further
approval by the head of treasury prior to submission to risk - Reviewing daily risk and P&L reports
Personal
Development
Development
Key actions to
include:
include:
- Actively managing one’s own and the team’s technical and soft
skills development
Researching, identifying and proposing training
solutions to senior management for one’s own and for the team’s
development - In everything one does, demonstrating the Barclays Values of
Respect, Integrity, Service, Excellence and Stewardship - Perform all other duties as reasonably assigned.