Rates Quant Modeller

Barclays; London; On-site; GBP 70,000 - 110,000

Job description

We seek an experienced Interest Rates Quant Modeller for the Quantitative Analytics MIC team. This role will focus on model assessment, testing and governance for Vanilla and Structured Interest Rates products. It involves collaborating with quants, developers, validators and key stakeholders across the model lifecycle.

Accountabilities:

• Review model design and documentation, advise developers.
• Design, run, and analyze performance tests using Macro production C++ libraries and Python.
• Debug in Python and/or C++, present alternative model features.
• Write high-quality documentation and automate tasks, such as generating test reports.
• Collaborate with quants, developers, traders, validators, Finance, Risk, internal and external audit, and other stakeholders.

Essential skills/Qualifications:

• Background in applied and/or financial mathematics, preferably as a pricing quant or validator.
• Extensive experience in Interest Rates option models: knowledge of exotics is a must, while understanding of vanilla and quasi-vanilla would be a plus.
• Proficiency in Python and C++/C#; strong technical documentation skills (LaTeX); some governance and/or stakeholder communication experience.

You may be assessed on the key critical skills relevant for this role, such as risk and controls, change and transformation, business acumen, strategic thinking, and technology, as well as job-specific technical skills.

This role is based in our London Location.

Purpose of the role:

To design, develop, and evolve trading, risk management and other platforms that facilitate trading and regulatory objectives within the investment banking domain.

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.
• 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.
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction.
• 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.
• 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.

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.