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Date live: May. 07, 2024

Business Area: COO & Functions

Area of Expertise: Investment Banking

Reference Code: 00285938

Contract: Permanent

Quantitative Analyst, VP  
New York, NY

Barclays Services Corp.  

What will you be doing?

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

•    Develop models and methodologies for forecasting business revenues 
•    Conduct econometric and statistical analysis of financial and economic time series and design quantitative models to forecast revenue for various business under different macroeconomic scenarios for capital planning 
•    Work with Finance and IT teams to source modelling data and check consistency 
•    Collaborate with Front Office representatives for model and variable selection and outcome analysis 
•    Review model outcome and impact, perform benchmark and robustness analysis, and document model development approaches and processes 
•    Develop tests, estimation and calibration procedures for revenue forecasting models 
•    Write code for model implementation in proprietary production systems. Implement the models and the estimation and calibration procedures in Barclays’ statistical model development framework
•    Work with internal and external teams on validating models and building challenger models 
•    Provide rationale and justification for model choices to internal and external validation teams
•    Utilize Financial Econometrics and R programming to develop internal model development tool (MDT) to assess the impact of quarterly changes/Impact Analysis
•    May Telecommute

What we’re looking for:

•    Employer will accept a Master's degree or foreign equivalent in Data Science, Statistics, Operations Research, Economics, Computer Science, Engineering, or related field and three (3) years of experience in the job offered or in a related occupation

Where will you be working?

You will be working at our New York, NY location at 745 Seventh Avenue. At Barclays, we are proud to be redefining the future of finance and here at Whippany we are defining the future of the workplace and the future of the way we work and live. We are creating a unique community, one of four strategic tech-enabled hubs that will redefine opportunity for everyone who works here. Whatever you do at Whippany, you’ll have every chance to build a world-class career in this world-class environment.

Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.

Our Values

Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. Our values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our colleagues. Simply put, success is not just about what you achieve, but about how you achieve it.

Our Diversity

We aim to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to our vision and goals.

It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.

Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager.

Our Benefits

Our customers are unique. The same goes for our colleagues. That's why at Barclays we offer a range of benefits, allowing every colleague to choose the best options for their personal circumstances. These include a competitive salary and pension, health care and all the tools, technology and support to help you become the very best you can be. We are proud of our dynamic working options for colleagues. If you have a need for flexibility then please discuss this with us.

Salary / Rate Minimum/yr: $200,000 
Salary / Rate Maximum/yr: $235,000 

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.

More about working at Barclays