Trading Strategist- Rates

Barclays UK; London; On-site; GBP 60,000 - 120,000; Full time

Job summary

Barclays UK is seeking a highly skilled Trading Strategist - Rates in London to leverage Python expertise for developing quantitative models and optimizing trading strategies. This pivotal role involves collaborating with sales teams, maintaining analytical libraries, and driving innovation within the trading environment, ensuring robust risk management and decision-making.

Qualifications

• Proven expertise in Python, especially in front office environments.
• In-depth knowledge of rates products and systematic strategies.
• Strong foundation in AI/ML, beneficial for innovation in trading.

Responsibilities

• Develop and implement quantitative models for market trend insights.
• Work closely with sales teams to customize solutions.
• Provide front office infrastructure support by maintaining analytical libraries.

Skills

Python

Quantitative Analysis

Machine Learning

Statistical Modelling

Data Analysis

Risk Management

Market Trends Insight

Job description

We are looking for a highly skilled and motivated Trading Strategist- Rates to join our dynamic team. In this pivotal role, you'll leverage your exceptional Python knowledge to develop and implement cutting-edge quantitative models and strategies. You'll be instrumental in optimizing trading decisions, pricing, and risk management across diverse financial products and markets. We're seeking someone who can not only build but also own and maintain our critical analytical libraries, providing essential front office infrastructure support.

Essential skills:

• Python expertise and experience in building user facing tools in a front office/sales environment.
• 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.
• 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.
• In-depth research, data analysis, and statistical modelling to derive insights into market trends.
• Good foundation in machine learning algorithms, deep learning frameworks, data engineering, and model deployment, with a focus on solving real-world problems using AI.
• Good knowledge of Rates products and experience with systematic strategies in the space.

Desirable Skills:

• We are particularly interested in candidates who possess strong expertise in AI/ML, even if your background isn't exclusively in finance. Direct experience running systematic strategies within a bank or hedge fund is highly desirable. A significant plus would be your knowledge of non-linear rates, as we are actively looking to expand our capabilities in this area.

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

The position is based in our London Office.

This role is deemed as a Certified role under the PRA & UK Financial Conduct Authority - Individual Accountabilities Regulations and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

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 escalate 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.

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.