Assistant VP - Global Markets

Join us as a " D1 Mumbai Quant Strategist" at Barclays, where you will work closely with EMEA and US counterparts to help with idea generation, book /position and risk management and drive various initiatives across the platform to help with broader D1 franchise.

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 to 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to accurately disclose your visa status or Legal Right to Work may result in your application or employment offer being withdrawn at any time.

The Delta-1 desk product offerings include (the underlying could be a single stock or index or custom basket of stocks): (1) Equity Swaps (2) Equity Futures/Forwards/Synthetics (3) Dividend Swaps/Futures (4) ETFs (5) Certificates/Notes. D1 business is one of the most critical building block of the derivative business. The business acts as a bridge between the vanilla cash equities and more complex derivatives business which have forwards as a pricing input. D1 business provides market access to clients via their offerings and hence form an important integral part of any cash and derivative business franchise.

To be successful as a D1 Mumbai Quant Strategist, you should have experience to

#1- Development and enhancement of existing models/tools for different D1 strategies to drive market making, revenue generation and better risk, book, and position management.

#2- Work with US desk very closely across the product universe

#3- Work with broader Mumbai team across various initiatives for the global business.

Some other highly valued skills include:·

#1- The individual needs to be able to effectively communicate and express his opinions and at the same time on-board different opinions across the pod to create the optimal strategy and path

#2- The job needs individual to drive various business linked initiatives/ideas/projects independently so the person should have good problem solving and decision-making skills

#3- D1 Mumbai team member would help in effective risk management of the positions and would work closely with trading teams to manage the risk in most effective manner. The tools and utilities developed would be used for position and book management and hence require individual to focus on various controls.

Candidate is expected to have:

* Quantitative and Analytical skills – strong with numbers

* Good Coding Skills and experience (Python/SQL)

* Good communication skills, confidence to interact with traders in London/ NY/Asia along with infrastructure partners.

* Good understanding of Derivatives, market dynamics and fundamentals

This role will be based out of Mumbai.

Purpose of the role

To maintain the smooth and efficient operation of our trading desks, providing operational support and expertise to traders, sales professionals, and other key stakeholders, helping them maximize their productivity and minimize disruptions and handling administrative tasks, and providing market information and research. 

Accountabilities

• Provision of immediate and efficient technical support to traders and sales professionals on the trading desks, resolving hardware, software, and network-related issues to ensure uninterrupted trading activities.
• Coordination of trade execution by liaising with traders, clients, and other internal teams to ensure smooth transactions.
• Maintenance and updating of trade records, transaction logs, and client databases accurately.
• Reports, presentations, and documentation preparation to support sales and trading activities.
• Monitoring of market data and assist in the analysis of financial information for trading decisions.
• Operational tasks such as processing trades, confirming orders, and resolving trade discrepancies.

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.