Global Markets Liquid Financing Quantitative Analyst

Join us as key member of the Barclay QA Prime team within the QA Desk Strategy group to support the rapidly growing Prime Services business. QA Prime works closely with the business in developing analytics tools and models to help managing market and counterparty risk as well as inventory and financial resources. You will partner with the business to smooth the trading workflow, explore and quantify revenue generation opportunities. As a front office quant, you will focus on supporting the Prime Services desks and be involved with model development, modelling support, market data calibration and desk support. Additionally, you will work closely with traders and help them with their trading decisions and provide them with any tools they may need to run their business and manage their exposures.

Essential Skills/Basic Qualifications:

• Masters in financial mathematics, PhD in a quantitative field (Mathematics/Physics/Computer Science/Engineering) or equivalent skillset
• Working knowledge of linear equity derivatives (index futures, total return swaps on indices/custom baskets/single stocks), equity ETFs, as well as FX and IR hedges
• Extensive working knowledge of Python and familiarity with C++ or other object-oriented programming languages
• Critical thinking, strong attention to detail and independent problem-solving skills combined with excellent communications skills
• Strong analytical and numerical skills (probabilities, stochastics, integration theory etc.). Familiarity and practical experience with statistics and data analysis

Desirable skills/Preferred Qualifications

• Delta 1 pricing/hedging/market making/optimization experience is a strong differentiator
• Strong analytical and numerical skills with familiarity and practical experience with statistics and data analysis
• Experience with cross-platform / cross-technology development (Windows/Linux) and workflow automation
• Experience with data visualization tools and libraries (e.g. Jupyter, Dash)

You may be assessed on key critical skills relevant for success in the role such as mathematics, finance, programming, risk and controls, change and transformation, business acumen, and strategic thinking.

Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific, and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.

Purpose of the role

To provide quantitative and analytical expertise to support trading strategies, risk management, and decision-making within the investment banking domain, applying quantitative analysis, mathematical modelling, and technology to optimise trading and investment opportunities. 

Accountabilities

• Development and implementation of quantitative models and strategies to derive insight into market trends and optimize trading decisions, pricing, and risk management across various financial products and markets.
• Working closely with sales teams to identify clients' needs and develop customised solutions.
• In-depth research, data analysis, and statistical modelling to derive insights into market trends, pricing, and risk dynamics.
• Provide front office infrastructure support though ownership and maintenance of analytical libraries.
• Provision of expertise on quantitative methodologies, technological advancements, and industry best practices to drive innovation within the trading environment.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• 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 lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders 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.