Quant Analyst AVP

What will you be doing?

Barclays Services Corp. seeks Quant Analyst AVP in New York, NY (multiple positions available):

• Develop predictive models, statistical analyses, optimization procedures, monitoring processes, data quality analyses, and score implementations supporting impairment and collections.

• Provide analytical insights and expertise that will help Barclays leaders and stakeholders make informed decisions, support existing trading strategies, develop new products, strategies and services.

• Identify new market opportunities and build an understanding of the various models, products and technologies associated with the full scope businesses QA services sector.

• Work with Quant Analyst Managers, the quantitative modeler role provides expertise in project design, predictive model development, validation, monitoring, tracking, implementation and/or specification.

• Participate in the overall project design and delivery with Quantitative Analytics’ other functional teams and end-clients.

• Produce robust documentation to ensure replicability of results and fulfil Barclays governance requirements.

• Work constructively with other Barclays resources to deliver projects and validate, track, and monitor delivered projects.

• Contribute to the broader Quantitative Analytics department through participation in peer reviews, terms of reference reviews, modelling forums, and ad hoc project collaboration.

• Participation with stakeholders across the business to understand their issues, objectives and priorities; suggest and discuss potential solutions.

• Present results of the models developed or other analytics to business owners and help to drive business actions based on the results.

• Provide business with insights and recommendations to improve strategy and process.

• Supervise 2 Quant Analyst AVPs to ensure high quality delivery of projects to meet business deadlines.

• May telecommute.

Salary / Rate Minimum/yr: $167,750 per year

Salary / Rate Maximum/yr: $184,525 per year

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.

This position is eligible for incentives pursuant to Barclays Employee Referral Program.

Purpose of the role

To design, develop, implement, and support mathematical, statistical, and machine learning models and analytics used in business decision-making

Accountabilities

• Design analytics and modelling solutions to complex business problems using domain expertise.
• Collaboration with technology to specify any dependencies required for analytical solutions, such as data, development environments and tools.
• Development of high performing, comprehensively documented analytics and modelling solutions, demonstrating their efficacy to business users and independent validation teams.
• Implementation of analytics and models in accurate, stable, well-tested software and work with technology to operationalise them.
• Provision of ongoing support for the continued effectiveness of analytics and modelling solutions to users.
• Demonstrate conformance to all Barclays Enterprise Risk Management Policies, particularly Model Risk Policy.
• Ensure all development activities are undertaken within the defined control 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.