Quantitative Analyst AVP

Barclays UK; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading financial services firm in London is seeking an ALM Quantitative Analyst AVP to support Treasury Finance in managing Interest Rates Risk and Credit Rate Risk. The successful candidate will have strong Python coding skills and a solid foundation in financial mathematics. This role will involve designing and deploying tools for risk metrics while collaborating with stakeholders across the business. Excellent communication skills are essential for discussing technical issues with non-technical audiences.

Qualifications

• Solid foundation in financial mathematics, particularly bond and derivative pricing.
• Ability to discuss technical matters with a non-technical audience.
• Experience in Treasury Finance model development or Treasury desk support is valued.

Responsibilities

• Design analytics and modelling solutions to complex business problems.
• Collaborate with technology for analytical solution dependencies.
• Develop high performing and well-documented analytics.

Skills

Strong coding skills in Python

Familiarity with Pandas and Numpy libraries

Excellent communication skills

Tools

Python

Job description

Join us as a ALM Quantitative Analyst AVP within QA Treasury team in London supporting Treasury Finance to manage Interest Rates Risk and Credit rate Risk of banking book.

You will be responsible for supporting the Asset and Liabilities Management(ALM) & Hedge accounting stakeholders in Finance & Risk by designing, implementing, and deploying Python-based tools for balance sheet sensitivity and risk metrics. Additionally, you will collaborate with business stakeholders and Technology partners to develop and deploy models.

To be successful in this role, you should have:

• Strong coding skills in Python, including close familiarity with Pandas and Numpy libraries

• A solid foundation in financial mathematics, in particular bond and derivative pricing and discounting

• Excellent communication skills, including the ability to discuss technical matters with a non-technical audience

Some other highly valued skills may include:

• Systems engineering knowledge, including development of distributed systems

• Previous experience in Treasury Finance model development or Treasury desk support

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

Purpose of the role

To design, develop, implement, and support mathematical, statistical, and machine learning models and analytics used in business decision-making

Accountabilities

• Design analytics and modelling solutions to complex business problems using domain expertise.
• Collaboration with technology to specify any dependencies required for analytical solutions, such as data, development environments and tools.
• Development of high performing, comprehensively documented analytics and modelling solutions, demonstrating their efficacy to business users and independent validation teams.
• Implementation of analytics and models in accurate, stable, well-tested software and work with technology to operationalise them.
• Provision of ongoing support for the continued effectiveness of analytics and modelling solutions to users.
• Demonstrate conformance to all Barclays Enterprise Risk Management Policies, particularly Model Risk Policy.
• Ensure all development activities are undertaken within the defined control environment.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• 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 lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders 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.