Quantitative Developer - Global Markets Linear Rates Quantitative Analytics

4952 Barclays Bank PLC; Greater London; On-site; GBP 120,000 - 180,000; Full time

Job summary

Barclays is seeking a Quantitative Developer in London to modernise our analytics infrastructure for Global Markets. You will maintain production libraries, build automated reporting, and develop real-time streaming capabilities to support trading decisions.

You're expected to apply quantitative modelling, advanced maths, and software engineering to optimise pricing, risk management, and opportunities across multiple products. Collaboration with front-office and risk teams is essential.

Qualifications

• Master's degree in Financial/Applied Mathematics, Physics, Engineering, or Computer Science.
• Excellent Python and C++ programming skills.
• Proven quantitative understanding of linear rates products, pricing and risk management.
• Ownership mentality with ability to drive initiatives end-to-end.
• Clear written and verbal communication for technical and non-technical stakeholders.

Responsibilities

• Maintain and extend production analytics libraries for global markets.
• Build automated reporting pipelines and real-time streaming capabilities.
• Develop new quantitative models and trading analytics to enhance decision making.
• Collaborate with front-office and risk teams to deliver robust analytics infrastructure.

Skills

Python

C++

Quantitative modelling

Ownership mentality

Communication skills

Education

Master's degree in Financial/Applied Mathematics, Physics, Engineering, or Computer Science

Tools

KDB+

Kafka

Job description

Job Description Purpose of the role

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.

Accountabilities

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 though 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 elevate breaches 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.

Barclays Values and Mindset

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.

About the Role

Join Barclays as a Quantitative Developer in our Global Markets Linear Rates Quantitative Analytics team. In this role, you will drive the modernisation of our linear rates analytics infrastructure: maintaining and extending production analytics libraries, building automated reporting pipelines, and developing real-time streaming capabilities. The role blends quantitative development with a strong automation mindset, building robust frameworks and services that are used across the business.

Required Qualifications

• A master's degree or equivalent in Financial/Applied Mathematics, Physics, Engineering, or Computer Science
• Excellent Python and C++ programming skills
• Proven quantitative understanding of linear rates products and how they are priced and risk-managed
• Ownership mentality and ability to support multi-faceted initiatives end-to-end
• Clear written and verbal communication for technical and non-technical stakeholders

Additional Highly Valued Skills

• Knowledge of interest rate curve construction techniques
• Experience with event-driven or stream-processing architectures (KDB+, Kafka etc.)
• Experience building automated workflows and data pipelines in a quantitative or trading environment
• Experience working within large, complex C++ and Python codebases

This role is based in London.

Work Experience

Our Work Experience is the combination of everything that's unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it's our people.

Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area.