Head of Commodities, Diversified Energy & Infrastructure, Trade & Working Capital

Job Description

Purpose of the role

To manage sales and set the strategic direction. Provide support to the bank's senior management team, and to manage sales risk across the organisation.

Accountabilities

• Development of strategic direction for sales, including the implementation of up to date methodologies and processes.

• Management of sales, including oversight of colleagues and their performance, implementation of departmental goals and objectives, oversight of department efficiency and effectiveness.  .

• Relationship management of sales stakeholders, including identifying relevant stakeholders, and maintenance of the quality of external third party services.

• Development and implementation of policies and procedures for sales.

• Management of sales risk, including identification of potential risks, development of strategies to mitigate those risks, and maintenance of alignment between the bank’s sales and compliance functions.  .

• Monitoring the financial performance of sales department, including revenue, profitability, and cost control.

• Conducting thorough market research to understand market trends, competitive landscape, and regulatory changes to identify market opportunities.

Director Expectations

• To manage a business function, providing significant input to function wide strategic initiatives. Contribute to and influence policy and procedures for the function and plan, manage and consult on multiple complex and critical strategic projects, which may be business wide..

• They manage the direction of a large team or sub-function, leading other people managers and embedding a performance culture aligned to the values of the business. Or for an individual contributor, they lead organisation wide projects and act as deep technical expert and thought leader, identifying new ways of working and collaborating cross functionally. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..

• Provide expert advice to senior functional management and committees to influence decisions made outside of own function, offering significant input to function wide strategic initiatives.

• Manage, coordinate and enable resourcing, budgeting and policy creation for a significant sub-function.

• Escalates breaches of policies / procedure appropriately.

• Foster and guide compliance, ensure regulations are observed that relevant processes in place to facilitate adherence.

• Focus on the external environment, regulators, or advocacy groups to both monitor and influence on behalf of Barclays, when appropriate.

• Demonstrate extensive knowledge of how the function integrates with the business division / Group to achieve the overall business objectives.

• Maintain broad and comprehensive knowledge of industry theories and practices within own discipline alongside up-to-date relevant sector / functional knowledge, and insight into external market developments / initiatives.

• Use interpretative thinking and advanced analytical skills to solve problems and design solutions in often complex/ sensitive situations.

• Exercise management authority to make significant decisions and certain strategic decisions or recommendations within own area.

• Negotiate with and influence stakeholders at a senior level both internally and externally.

• Act as principal contact point for key clients and counterparts in other functions/ businesses divisions.

• Mandated as a spokesperson for the function and business division.

All Senior 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.

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.

Role Overview

We are seeking a highly experienced Trade & Working Capital originator and player-manager to lead our origination activity across Commodity clients , with additional responsibility for clients in the Diversified Energy and Infrastructure sectors .

The successful candidate will have a strong track record of originating, structuring, negotiating and executing complex trade and working capital transactions, with particular depth in commodity-related financing. They will combine strong client origination capabilities with excellent credit judgement and detailed product knowledge and will be comfortable leading transactions from initial client engagement and structuring through credit approval, documentation and execution.

This is very much a player-manager role . In addition to leading and developing a team of originators, the successful candidate will be expected personally to originate opportunities, lead important client discussions and take ownership of significant and complex transactions.

The role requires excellent stakeholder management skills working closely with Corporate Coverage and colleagues across Trade & Working Capital including Structuring and Syndications, Operations but also Credit, Product, Legal to identify opportunities and deliver financing solutions that meet clients' commercial requirements while demonstrating strong risk discipline to senior Credit/Risk stakeholders whilst generating appropriate returns for the bank.

Key Responsibilities

• Assume senior Trade & Working Capital origination responsibility for a defined portfolio of Commodity, Diversified Energy and Infrastructure clients , driving transaction origination, product penetration and income growth.

• Act as a player-manager , personally originating and leading material transactions while managing, mentoring and developing a team of originators (current team of 4).

• Build senior relationships with clients, particularly Trade Teams , Treasurers, CFOs and senior Finance and Procurement professionals , developing a detailed understanding of their businesses, working capital cycles, commodity flows and financing requirements.

• Originate, structure and execute bilateral and syndicated trade and working capital transactions, including trade loans, commodity prepayments, borrowing base, ECA backed structures and working capital facilities, non-recourse receivables and inventory financing, supply chain finance, letters of credit and guarantees .

• Develop financing structures appropriate to commodity-related businesses, taking account of underlying trade flows, collateral, commodity price movements, working capital cycles, contractual arrangements and associated credit risks.

• Lead complex transactions from initial identification through structuring, credit approval, negotiation, documentation and financial close, coordinating internal and external stakeholders to ensure effective execution.

• Work closely with Corporate Coverage Relationship Directors to identify opportunities across the existing client franchise and develop strategic Trade & Working Capital relationships.

• Partner effectively with Credit/Risk to develop financing structures which appropriately balance clients' commercial objectives with the bank's risk appetite and return requirements.

• Work closely with Product, Structuring, Syndications, Legal and Operations colleagues, ensuring appropriate internal resources are brought together to deliver complex transactions.

• Identify opportunities to deepen relationships and broaden product penetration across clients' wider working capital requirements, including receivables, payables, inventory and traditional trade instruments.

• Work across International C