Barclays Jobs – Quantitative Analyst

Website Barclays

About the job


Quantitative Developer (Counterparty Risk)

London

As a Barclays Quantitative Developer (Counterparty Risk) you will be using your excellent modeling and programming skills. You will contribute to the development of models used in the CCR Monte Carlo simulation across multiple asset classes and will be involved in all aspects of the model development process, including research, model documentation, prototyping, implementation, code review, testing, and library release.

Barclays is one of the world’s largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We offer careers that provide endless opportunity – helping millions of individuals and businesses thrive, and creating financial and digital solutions that the world now takes for granted.

Working Flexibly

We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager, and your request will be reviewed subject to business needs

Hybrid Working

We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We’re flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances

Please discuss the detail of the working pattern options for the role with the hiring manager.

What will you be doing?

  • Designing, model development for Monte Carlo simulation for Counterparty Risk
  • Improving existing CCR models and methodologies
  • Being responsible for model documentation and testing
  • Developing quantitative library functionality for counterparty risk

What We’re Looking For

  • Bachelor’s Degree in Computer Science, Math, Physics or Engineering or equivalent
  • Experience with Monte Carlo simulation with relevant modelling and statistical knowledge
  • C++ and Python experience with excellent algorithmic design and reasoning skills

Skills That Will Help You In The Role

  • Excellent knowledge of one asset class (e.g. interest rates, FX, etc.)
  • Experience developing in large-scale libraries and development lifecycle

Where will you be working?

5 North Colonnade is home to our investment bank and is in the heart of Canary Wharf, just a short walk from our headquarters at Churchill Place. It boasts an array of onsite amenities such as dry cleaner as well as a deli and buffet style staff restaurant. The building is easily accessible by tube, docklands light railway and all major bus links. The atmosphere is second to none with a real buzz being created around the offices within.



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