Barclays

Fraud Product Strategy Owner

Job posted: Oct 08, 2024
Northampton, Northamptonshire, United Kingdom
  • Salary average
    -
  • Type of employment
    Permanent, Full-time
  • Remote
    No

Company

Our vision is to be the UK-centred leader in global finance. We are a diversified bank with comprehensive UK consumer, corporate and wealth and private banking franchises, a leading investment bank and a strong, specialist US consumer bank. Through these five divisions, we are working together for a better financial future for our customers, clients and communities.

Responsibilities

  • Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business
  • Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment
  • Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does
  • 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
  • Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies
  • Adopt and include the outcomes of extensive research in problem solving processes
  • Manage and mitigate risks through assessment, in support of the control and governance agenda
  • Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives
  • Management and monitoring of the risk associated with the trading portfolio and ensuring compliance with regulatory and internal risk management guidelines
  • Monitoring and analysis of global financial markets, economic indicators, news, and geopolitical events to identify trading opportunities and assess market risks
  • Collaboration with research analysts and other teams to gather insights and information for 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
  • To execute trades and manage risk within a defined portfolio of financial instruments and staying informed about market trends and developments to make informed trading decisions

Contract

40 hours per week

Candidate requirements

  • A Bachelor's degree in a quantitative discipline like Statistics, Mathematics, Operations, Finance, Technology, Research or work experience equivalent
  • Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business
  • Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does
  • Some other highly valued skills may include

Skills used at work

  • Analysis
  • Business object
  • Economic indicator
  • Extensive
  • Financial instruments
  • Financial market
  • Financial markets
  • Management
  • Market risk
  • Market trend
  • Orders
  • Pricing
  • Problem solving
  • Risk management
  • Senior management

Join us as a Fraud Product Strategy Owner here at Barclays. In this role you will be spearheading critical initiatives that shape the organization's approach to managing fraud. The team is tasked with developing multi-generational product and feature roadmaps, establishing strategic business requirements, and translating business needs into compelling business cases. Central to their mission is building future-ready solutions that enhance both customer and employee experiences, ensuring these considerations remain at the heart of every strategy and solution implemented. Additionally, the team identifies opportunities to simplify core capabilities by finding synergies and managing expenses within the fraud domain, ensuring that the organization remains agile and effective in its fraud prevention efforts.

To be successful as a Fraud Product Strategy Owner, the essential skills required for the role are as follows-

  • A Bachelor's degree in a quantitative discipline like Statistics, Mathematics, Operations, Finance, Technology, Research etc. or work experience equivalent.
  • Analytical Skills: Ability to analyze and synthesize complex information, including business requirements, technical capabilities, and market trends to ensure they align with strategic goals.
  • Project Management: Strong project management capabilities to oversee the development and prioritization of business requirements, ensuring projects are delivered on time and within scope.
  • Communication Skills: Excellent verbal and written communication skills are crucial for effectively articulating business needs and interacting with various stakeholders across technical and non-technical teams.
  • Problem-Solving: Proficient in problem-solving and critical thinking, capable of assessing the feasibility of business requirements and finding practical solutions to challenges that arise during project execution.

Some other highly valued skills may include.

  • Background in Fraud Strategy, Authentication, or Customer Journey Optimization.
  • Proven background in driving change with 5+ years of experience driving process improvements, business transformation, or root cause analysis.
  • Background (3+ Years) in developing financial business cases, project plans, and customer journeys.

You may also be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills. This role is based in Northampton.

Purpose of the role

To execute trades and manage risk within a defined portfolio of financial instruments and staying informed about market trends and developments to make informed trading decisions.

Accountabilities

  • 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.

Vice President Expectations

  • 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.

Job posted: Oct 08, 2024

Expiration date: Oct 15, 2024