Business Manager - Transaction Banking VP

This role is located in New York, NY.

Purpose of the role

To provide operating and administrative support to senior leaders, simultaneously shaping and executing long-term strategic change, whilst helping to navigate complex challenges in the performance of their roles.

Accountabilities

• Implementation of Target Operating Model, business development, and financial and non-financial resource allocation, providing strategic insight and thought leadership.
• Strategic support to and oversight of demand pipeline and the book of work, including assistance in the development and execution of strategic initiatives, projects, research, and analysis to support decision-making.
• Support to and guidance for operational efficiency and colleague/customer/client experience within the organisation, including the identification of areas for improvement, streamlining of processes, and implementation of best practices to enhance productivity, effectiveness and experience.
• Management of people plan, talent development and succession planning including the identification of high-potential employees, provision of mentorship and guidance, and support to leadership development and diversity initiatives.
• Communication with internal and external stakeholders, management of communication channels and ensuring effective coordination across different departments and teams.
• Participation in compliance activities such as SMR and other regulatory registrations/certifications, as well as support for crisis management and risk mitigation, including the development of contingency plans, coordination of responses to emergencies, and business continuity.
• Management of all organisational/team requirements relating to technology, real estate, people and communications in conjunction with relevant partners across the firm.
• Enablement of oversight of risk management and compliance with internal and external requirements, including internal Governance on critical control activities in partnership with the CCO team, such as Records Inventory and RCSAs.
• Cost control and workforce management of the Business/Function, including involvement in financial analysis and planning, forecasting, and monitoring of financial performance against targets.

Responsibilities

• Drive the strategic, financial, and operational management of the Transaction Banking business.
• Partner closely with Product, Sales, Operations, Technology, Risk, Finance, and Compliance teams to support business growth, enhance profitability, improve the client experience, and ensure effective governance across cash management, payments, trade finance, liquidity solutions, and other transaction banking services.
• Serve as a trusted advisor to senior leadership, providing business insights, performance management, strategic planning, and execution support to help achieve the bank’s revenue and growth objectives.
• 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, define jobs and responsibilities, plan for the department’s future needs and operations, counsel employees on performance, and contribute to employee pay decisions/changes.
• Lead a number of specialists to influence the operations of a department, aligning with strategic and tactical priorities while balancing short and long-term goals, ensuring budgets and schedules meet corporate requirements.
• 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.
• Collaborate with other areas of work for business-aligned support to keep up to speed with business activity and strategies.
• Create solutions based on sophisticated analytical thought, comparing and selecting complex alternatives.
• 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 to accomplish key business objectives, using influencing and negotiating skills.

Requirements

• P&L management, including budgeting, forecasting, revenue growth, expense management, profitability analysis, and financial performance optimization.
• Exceptional PowerPoint and executive presentation skills, with the ability to develop compelling, data-driven materials and deliver strategic insights to senior leadership and executive committees.
• Strategic planning, business management, and financial forecasting, with a proven ability to translate business objectives into actionable growth initiatives and measurable outcomes.
• Leveraging AI and emerging technologies to enhance business performance, streamline processes, and improve operational efficiency.

Qualifications

• Transaction Banking product knowledge across payments, cash management, liquidity, trade finance, and working capital solutions.
• Experience supporting large corporate and multinational clients.
• Financial modeling expertise.
• Stakeholder management skills, with a demonstrated ability to build trusted relationships, communicate effectively with executive leadership, and navigate complex organizational environments to deliver business objectives.

Skills

You may be assessed on the following key critical skills relevant for success in this role:

• Risk and controls
• Change and transformation
• Business acumen
• Strategic thinking
• Digital and technology
• Job-specific technical skills

Vice President Expectations

• 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
• For an individual contributor, act as a subject matter expert within your discipline and guide technical direction.
• Lead collaborative, multi-year assignments and guide team members through structured assignments, identifying the need for inclusion of other areas of specialization.
• Train, guide, and coach less experienced specialists and provide information affecting long-term profits, organizational risks, and strategic decisions.
• Demonstrate comprehensive understanding of the organization's functions to contribute to achieving the goals of the business.

Pay

Minimum Salary: $130,000
Maximum Salary: $200,000
The minimum and maximum salary/rate information above includes only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.

Values

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.