About the role

Aplyr's Quick Take

This role is focused on developing and implementing quantitative models to support trading strategies and risk management in investment banking. It can be either a leadership position or an individual contributor role, depending on the candidate's experience, with responsibilities including data analysis, market research, and collaboration with sales teams.

Good fit

Ideal candidates have a strong background in quantitative analysis, mathematical modeling, and financial markets, likely with several years of experience in a similar role. A collaborative working style and the ability to drive innovation will be key to thriving here.

Worth noting

The role offers a mix of strategic and technical responsibilities, which may appeal to those looking to influence trading operations while also engaging in hands-on analysis. The spec is vague on day-to-day responsibilities, making it unclear how much of the role is focused on leadership versus technical work.

Job Description

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.

Vice President Expectations

To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
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 be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
Manage and mitigate risks through assessment, in support of the control and governance agenda.
Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
Adopt and include the outcomes of extensive research in problem solving processes.
Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills 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.

Join us as key member of the Barclays 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.

Aplyr's read

Barclays is a global financial powerhouse known for its robust banking services and diverse career opportunities, attracting professionals from finance, technology, and management.
Synthesized from recent postings & public sources

What's promising

•Barclays offers diverse roles, from data engineering to fraud operations, appealing to a wide range of professionals.
•The company invests in AI and analytics, indicating a focus on technological innovation.
•Barclays provides global career opportunities, enhancing professional growth and international exposure.

What to watch

•Barclays' size and complexity may lead to bureaucratic challenges and slower decision-making.
•The financial sector's regulatory environment can create compliance pressures and constraints.
•Economic fluctuations and market volatility pose inherent risks to the banking industry.

Why Barclays

•Barclays has a strong historical presence, being a well-established name in global finance.
•The company is actively involved in sustainable finance and green initiatives.
•Barclays' extensive global network offers unique opportunities for cross-border collaboration.

Aplyr’s read is generated by AI from public sources. Was it useful?

About Barclays

Barclays

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Barclays is a British multinational investment bank and financial services company, providing a wide range of financial products and services to individuals, businesses, and institutions.