Job Description

Purpose of the role

Desk Analysts cover relevant sectors and credits and watch for news events.  Desk Analysts work with Traders and Salespeople to convey company and market updates internally and externally to clients.  Desk Analysts build financial models for the purpose of forecasting financial performance and evaluating capital structure opportunities.  Desk Anaylsts spend significant time researching relevant companies and their industries to identify emerging trends which will impact subject company performance.  Diligence consists of reading and understanding industry press, company financial reports and documents, expert interviews, and meeting with company management teams.

Accountabilities

• Maintenance and updating of financial models, as well as client databases accurately.
• Reports, presentations, and documentation preparation to support sales and trading activities.
• Monitoring of market data, industry news, company news and assist in the analysis of financial information for trading decisions.
• Monitoring financials and news flow for particular credits, sectors and general financial news
• Using your understanding of fundamental credit to work with traders to develop trade ideas
• Performing fundamental credit analysis on specific credits and developing actionable investment ideas for the trading desk
• Participating in earnings/company calls, building financial models, and maintaining trading blotters

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• 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 will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management 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 your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Join us as an "Assistant Vice President – Structured Credit trading” The Structured Credit trading team at Barclays is a rapidly growing team that focuses on trading bespoke structured products and structuring specific solutions for clients. Using underlying credit instruments, including Corporate, Financial & Sovereign bonds, single name CDS and portfolio of assets and the team aims to create products that cater to the specific needs of a client.

To be a successful “Assistant Vice President – Structured Credit trading “, the desk has a broad global mandate to offer financing against wide variety of credit assets, both on a recourse and non-recourse basis. The business specializes in providing structured liability side solutions secured by both liquid and illiquid collateral in the form of Repos, Loans and TRS.

You may be assessed on the key critical skills relevant for success in role, candidate would mainly cover EU & US regions supporting a team of credit analysts across a global Structured Credit Trading business in analysing companies for new transactions and monitoring the financial performance of the obligors for the existing trades. The candidate would also be expected to produce analysis and presentations for senior management to track market news and trends.

Basic/ Essential Qualifications:

• Provide high quality fundamental credit analysis on the Obligors with in loan portfolio financing trades.
• Prepare credit memo on underlying obligor involving in depth credit analysis including business, financial analysis.
• Identify major red flags amongst large volumes of information and making robust/defensible recommendations about risk rankings and valuation marks
• Produce informative analysis and presentation materials at a portfolio level, synthesising key information into customised graphs/charts with concise, tailored commentary about portfolio features and trends
• Identify key trends/patterns in data and crafting these into pertinent commentary to “tell the story”Of the profile and performance of a loan portfolio
• Analyse key data / news sources for the private credit market and track key parameters of the overall market such as fundraising, AUM and dry powder.
• Monitor key loan structure parameters – leverage, LTV/equity cushion, subordination, covenants, EBITDA adjustments, pricing per unit of risk

Desirable skillsets/ good to have:

• Highly analytical, strong numeracy skills and experience in analysing financials including management accounts and compliance certificates.
• Experience primarily in credit analysis, preferably covering European mid-market corporates.
• Strong credit research mind set encompassing the understanding of covenants, capital structure, credit metrics and ability to synthesize the thoughts to provide a holistic credit view.
• Strong proficiency with Excel, particularly data analysis tools, advanced formulae and the ability to produce customised combo charts tailored to the specific context
• Research and fact-based approach with ability to reason decisions through and justify recommendations with key data points and relevant qualitative considerations
• Strong attention to detail, including ability to quickly & effectively ‘scrub’ data sets to identify any issues or errors before they are used in presentations to risk and senior management
• Excellent communication and inter-personal skills. Fluent written and spoken English language skills are essential

This role will be based out of Mumbai.