QRM Modeller

Barclays; Hardingstone; Hybrid; GBP 40,000 - 80,000; Full time

Job summary

A leading universal bank is hiring a Quantitative Risk Management Modeller or Asset & Liability Management Modeller. The role focuses on developing and implementing risk management models, supporting treasury teams, and ensuring accurate risk reporting. Ideal candidates will have a strong understanding of ALM, QRM systems, and excellent analytical capabilities.

Benefits

Pension plan enrolment

Holiday pay

24/7 Employee Assistance Programme

Discounts at various retailers and restaurants

Qualifications

• Significant experience in ALM and risk management is essential.
• Experience in developing risk models is crucial.

Responsibilities

• Support the development and testing of risk management models.
• Manage the change control process for model integration.
• Conduct regular reviews of existing risk models.

Skills

ALM and risk management

QRM system usage

Analytical skills

Problem-solving skills

Communication skills

Education

Degree in Finance, Economics, or Mathematics

Tools

SQL

Job description

Location: Northampton

Length: 6 months

PAYE only

Overall purpose of the role

We are currently hiring for QRM (Quantitative Risk Management) Modeller or ALM (Asset & Liability Management) Modeller. This role involves supporting first and second-line treasury ALM teams in the development, testing, and implementation of risk management models and reporting within the QRM system. You will play a key role in developing new financial products and ensuring the accuracy and efficiency of risk reporting processes.

Key Accountabilities:

• Support first and second-line treasury ALM teams in the development, testing, and implementation of risk management models and reporting within the QRM system.

• Play a key role in developing new financial products by creating and implementing risk management models and reporting.

• Develop and test new models in a dedicated environment, ensuring they meet required standards before implementation.

• Manage the change control process to ensure seamless integration of new models into the production environment.

• Collaborate with stakeholders across different teams to gather requirements and ensure alignment on model specifications.

• Contribute to the accuracy and efficiency of risk reporting processes by identifying and resolving issues.

• Conduct regular reviews and updates of existing models to ensure accuracy and relevance.

• Proactively identify and mitigate potential risks associated with model development and implementation. and etc

Key Skills:

• Significant experience in ALM and risk management, with demonstrable expertise in QRM system usage

• Experience with IRRBB (Interest Rate Risk in the Banking Book), ALM, and regulatory reporting is essential

• SQL experience is desirable but not required

• Degree in a relevant field (Finance, Economics, Mathematics, etc.)

• Experience in developing risk models is crucial

• Strong analytical and problem-solving skills

• Excellent communication and collaboration skills

About Barclays

Barclays is a British universal bank. It is diversified by business, by different types of customers and clients, and by geography. Barclays businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by its service company which provides technology, operations and functional services across the Group.

Values

Everything Barclays does is shaped by its five values of Respect, Integrity, Service, Excellence and Stewardship. The Barclays values inform the foundations of its relationships with customers and clients, but they also shape how Barclays measures and rewards the performance of colleagues. Simply put, success is not just about what you achieve, but about how you achieve it.

Diversity

Barclays aims to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to Barclays vision and goals.

Hybrid Working

Barclays is 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. Barclays is 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. Barclays also has a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances

Your Benefits

As a contract employee of Randstad Sourceright, you’ll receive a wide range of financial and personal benefits. There’s enrolment in a pension plan (after 12 weeks on assignment) and holiday pay. You’ll also get 24/7 access to an Employee Assistance Programme, designed to help you deal with any problems that could be affecting your home or work life. Plus, there’s discounts at heaps of high street shops, restaurants and entertainment - from Asda to Zizzi Italian restaurants.