Rates Quant Modeller

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.

Accountabilities

Design, development, and maintenance of high-performance trading platforms, risk systems, and applications catering to the needs of traders and market participants.Collaboration with traders, strategists, and stakeholders to gather requirements and translate them into scalable and efficient technological solutions.Implementation of new features, enhancements, and functionalities on trading platforms to improve performance, reliability, and user experience.Stay updated on technological advancements, industry trends, and best practices to drive innovation and continuous improvement in trading platforms.Collaboration with cross-functional teams including business aligned SM&D teams, strats, compliance, and IT to address system issues and implement solutions.

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 departments 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.