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Date live: Sep. 06, 2024

Business Area: See job description

Area of Expertise: Early Careers

Reference Code: JR-0000014401

Contract: Intern

Off-Cycle Internship Overview
Join us on an Off Cycle Internship for 3-6 months working within our Investment Banking, Markets, Corporate Banking or Quantitative Analytics business areas. Immerse yourself in our work and culture and gain invaluable insights with this longer internship.

Why Quantitative Analytics Off-Cycle Internship Programme?
If you join us as an Off-Cycle intern, then you have the opportunity to join the team that delivers world-class solutions.


Our industry-leading group provides model development, analytics, and valuable quantitative advice to businesses across the bank. Compared to our summer internships, this extended off-cycle programme will ensure you gain longer exposure to our projects, enabling you to gain in-depth knowledge into our business area.


Applying to our programme means the opportunity to join one of our specialist teams, including: 

Markets Quants
Consisting of specialised modellers and developers, the team directly supports the Capital Markets division of the bank. Team members are responsible for researching, innovating, developing, testing, implementing, and supporting all quantitative models used for front-office pricing, valuation adjustments, along with market and counter-party credit risk management across all asset classes. Joining a group that partners with trading, structuring, and risk management functions across the bank, you’ll gain broad exposure to a variety of classic and contemporary financial engineering modelling techniques and markets instruments to help drive business strategy.


The chance to make an impact
As a Quantitative Analytics Off-Cycle intern, you’ll gain valuable exposure to real-world problems in our dynamic and invigorating environment. You will be able to engage in the application of cutting-edge quantitative techniques to effectively address complex business challenges. This entails conducting research, creating and deploying innovative models, and integrating solutions into practical scenarios. Embrace forward-thinking technological methods to enhance our computational capabilities and data systems. Immerse yourself in the role of a quant professional, providing crucial support for intricate modeling requirements within a top-tier multinational banking enterprise. Collaborate with diverse stakeholders spanning various bank functions and global locations, facilitating valuable interaction and insights across the organisation.

A place where you can thrive
This is a comprehensive internship program that offers extensive training and the potential for a promising career. Exceptional interns showcasing strong work ethic, technical proficiency, and business insight may secure full-time employment opportunities upon internship completion. Throughout the program, you'll engage in both formal and informal training tailored to provide timely knowledge, receive thorough performance coaching & feedback, and have chances to enhance your network and cultivate leadership abilities.

Quantitative Analytics at Barclays
Our Quantitative Analytics team is a global organisation of highly specialised modellers and developers responsible for researching, innovating, developing, testing, implementing, and supporting all quantitative models used for valuation and risk management across all asset classes.

To be considered for this programme, you must have completed (or be in the final year of) a postgraduate qualification, Masters or higher, in a technical discipline such as Physics, Mathematics, Quantitative Finance, Economics, Statistics, Calculus, Computer Science, or other STEM subjects.

Ideally, you would also have:
• Mathematical and programming skills (ideally in C++, or Python)
• Logical thinking and problem-solving abilities
• Excellent communication skills and a team-oriented attitude
• Fluent written and spoken English
• Passion to learn about the banking sector, financial services industry, and capital markets

Barclays will accept applications from candidates who require visa sponsorship to work in the UK.

Working in London
If you love the buzz of city life, our global HQ is the place to be. Our London hub is in Canary Wharf, at the heart of London’s financial district. Here, you won’t just be perfectly placed to explore the nation’s capital; you’ll be in a place where you can explore all the many functions and opportunities of a global financial giant. And if you’re technically minded, you’ll get more from your tech career by collaborating with other brilliant minds on game-changing innovations that are redefining the future of finance.

Purpose of the role

To support the day-to-day operations of the Quantitative Analytics (QA) group by providing analytical insights and expertise that will help our business leaders and stakeholders make informed decisions, support existing trading strategies, develop new products strategies and services, as well as identify new market opportunities.

Accountabilities

  • Application of the latest quantitative techniques to solve business problems, research, development, and implementation of new models and solutions and improve the bank’s computing and data infrastructure.
  • Collaboration with cross-functional teams and senior management to progress business initiatives.
  • Participation in training and development programmes to enhance skills and knowledge. Conduct research to support strategic decision making, prepare presentations and reports to communicate research findings, and collaborate with senior management to implement research findings.
  • Design, development of the quantitative research framework using domain specific languages.
  • Participation in technical design and development of the global team’s quantitative research systems, research notebooks and products.
  • Training and mentoring of junior colleagues.

Assistant Vice President Expectations

  • 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.

More about working at Barclays