Quantitative Developer - Equities and Hybrid Products

Barclays Bank Plc; City of Westminster; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading international bank in the UK is seeking a Quantitative Developer to join the Equities and Hybrid Products team. This role involves developing and implementing quantitative models and providing analytical support. The ideal candidate will have a Master's degree and experience in financial products, alongside strong programming abilities in C++ and Python. The position provides a unique opportunity to influence trading strategies and work in a collaborative environment focused on innovation.

Qualifications

• Experience in a quantitative role in finance.
• Ability to write and refactor code in C++ and Python.
• Strong analytical and statistical modeling skills.

Responsibilities

• Develop and implement quantitative models for trading decisions.
• Collaborate with sales teams on customized solutions.
• Provide infrastructure support for analytical libraries.

Skills

C++

Python

Quantitative analysis

Communication

Education

Master's degree in a relevant technical/numerate field

Job description

Overview

Join us at Barclays as a Quantitative Developer in the Equities and Hybrid Products team, which is part of the Global Quantitative Analytics group. You will have an important role within the wider team with a focus on the design and development of infrastructure to support new tools and models. You will be actively involved in solution discussions across a range of asset classes to refactor interfaces for product libraries including equity and non-equity legacy products. You will have a clear focus on coding in C++ to design these interfaces as well as the need to apply other codes such as python to carry out testing. In doing so, you will work within the existing strategic pricing and risk libraries to add new risks and extend with new functionality as required. This is a great opportunity apply your programming skills and be involved in leading the design of libraries which are central to the ongoing success of this group.

To provide quantitative and analytical expertise to support trading strategies, risk management, and decision-making within the investment banking domain, applying quantitative analysis, mathematical modelling, and technology to optimise trading and investment opportunities.

Responsibilities

• Development and implementation of quantitative models and strategies to derive insight into market trends and optimize trading decisions, pricing, and risk management across various financial products and markets.
• Working closely with sales teams to identify clients' needs and develop customised solutions.
• In-depth research, data analysis, and statistical modelling to derive insights into market trends, pricing, and risk dynamics.
• Provide front office infrastructure support through ownership and maintenance of analytical libraries.
• Provision of expertise on quantitative methodologies, technological advancements, and industry best practices to drive innovation within the trading environment.

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 accelerate breach 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. 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.

Qualifications

• Previous experience or proven understanding of financial products and asset classes in a Quantitative capacity
• A Master's degree or equivalent in a relevant technical/numerate field
• Excellent written and verbal communication in English

Additional Skills of Value

• Experience working with refactoring libraries within Quantitative Analytics
• The ability to engage with internal and external stakeholders as the role requires
• A solution focused approach with the ability to implement new design requirements

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.