Quant Analyst AVP

## Quant Analyst Opportunity: Shape the Future of Wholesale Credit Risk

This is an exciting opportunity for a talented Quantitative Analyst to join a dynamic team focused on developing and refining critical credit risk models. If you're passionate about applying advanced quantitative techniques to real-world financial challenges and eager to make a tangible impact within a leading financial institution, this role is designed for you.

Why This Role is a Career Accelerator:

• Strategic Impact: You'll be instrumental in developing models for capital (Basel), impairment (IFRS9), and stress testing (CCAR, PRA, EBA). These models directly influence key risk metrics such as RWA, pricing, Economic Capital, and credit sanctioning decisions for the Corporate and Investment Bank (CIB).
• Cutting-Edge Development: The role involves the full lifecycle of model development, from initial concept through calibration, monitoring, documentation, and approval, all while adhering to stringent regulatory requirements.
• Innovation & Automation: A significant aspect of this position is enhancing model management through automation and the exploration of novel approaches, pushing the boundaries of quantitative analysis in credit risk.
• Cross-Functional Collaboration: You'll have the chance to liaise with a diverse range of stakeholders, ensuring project progress and contributing to strategic decision-making.
• Exposure to Complex Projects: This role offers the chance to manage components of complex projects, deepening your project management skills and your understanding of business drivers.
• Growth in Regulatory Landscape: Deepen your expertise in key regulatory frameworks like Basel, CRR, CCAR, and IFRS9, which are essential for success in the financial industry.

Key Considerations for Aspiring Candidates:

To thrive in this role and chart your career path, consider the following essential qualifications and skills:

• Quantitative Foundation: A strong understanding of quantitative techniques for developing and validating Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) models is crucial.
• Analytical Rigor: The ability to work in an environment where modelling decisions are regularly challenged is paramount. This requires a confident and evidence-based approach.
• Academic Excellence: A post-graduate degree in a quantitative discipline (Statistics, Mathematics, Econometrics, Physics, Engineering) coupled with practical experience in applying statistical models within the credit risk domain is highly desirable.
• Statistical Proficiency: Excellent knowledge of statistical concepts, including regression analysis, reject inference, decision trees, confusion matrix, and cross-validation, will be foundational.
• Clear Communication: A proven track record of producing high-quality written documentation and presentations, effectively communicating complex results to both technical and non-technical audiences.
• Programming Skills: Proficiency in numerical programming using R and/or Python is a core requirement.
• Data Management: Working experience with SQL is essential for data manipulation and extraction.
• Data Science Fundamentals: Experience in data visualization, data cleaning, and feature extraction will significantly contribute to your success.

Skills That Will Set You Apart:

• Familiarity with the LaTeX document preparation system.
• Experience with continuous integration development frameworks (e.g., Teamcity) and source control systems (P4, Git, SVN).

Beyond Technical Skills:

Candidates will also be assessed on critical skills that drive success in this role, including:

• Risk and Controls: A strong understanding of risk management principles and control environments.
• Change and Transformation: The ability to adapt to and drive change within a complex organization.
• Business Acumen & Strategic Thinking: Understanding the business context and aligning analytical efforts with strategic goals.
• Digital and Technology Fluency: Embracing and leveraging technological advancements.

Role Purpose & Accountabilities:

The core purpose of this role is to design, develop, implement, and support mathematical, statistical, and machine learning models and analytics that drive informed business decision-making. You will be accountable for:

• Designing analytics and modelling solutions for complex business problems.
• Collaborating with technology teams to define dependencies for analytical solutions.
• Developing high-performing, well-documented analytics and modelling solutions.
• Implementing and operationalizing these solutions in robust software.
• Providing ongoing support for the effectiveness of deployed solutions.
• Ensuring strict adherence to all Barclays Enterprise Risk Management Policies, particularly the Model Risk Policy.
• Conducting all development activities within the defined control environment.

Assistant Vice President Expectations:

For those stepping into an Assistant Vice President capacity, expectations include advising and influencing decision-making, contributing to policy development, and ensuring operational effectiveness. This may involve:

• Leading complex tasks, leveraging professional knowledge to deliver impactful work.
• Setting objectives, coaching, and appraising team members.
• Demonstrating strong leadership behaviours to foster a thriving environment.
• For individual contributors, leading collaborative assignments, guiding team members, and identifying new project directions.
• Consulting on complex issues and identifying ways to mitigate risk.
• Taking ownership of risk management and control strengthening.
• Collaborating across teams and business divisions to understand and contribute to organizational objectives.
• Engaging in complex data analysis from multiple sources to solve problems creatively.
• Communicating complex information effectively to diverse audiences.
• Influencing stakeholders to achieve desired outcomes.

Embrace the Barclays Culture:

All colleagues are expected to embody the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship. You will also be encouraged to demonstrate the Barclays Mindset to Empower, Challenge, and Drive in your daily work.

This is a fantastic opportunity to contribute to critical financial infrastructure and grow your career in a highly respected field. If you possess the analytical prowess and dedication to excel, we encourage you to explore this exciting role.