Analyst Rates Compression (Strats)

1203 Barclays Global Serv. Cent; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Job summary

1203 Barclays Global Serv. Cent in Mumbai seeks a Quantitative Analyst to provide analytical expertise supporting trading strategies and risk management.

The role involves implementing quantitative models, conducting market analysis, and collaborating with various teams. The ideal candidate will have a degree in a quantitative field, strong problem-solving abilities, and proficiency in Python and data analysis tools.

Qualifications

• Strong academic record demonstrating analytical and problem-solving capabilities.
• Experience in investment banking, financial technology or quantitative roles.
• Basic understanding of interest rate products or willingness to learn.

Responsibilities

• Develop and implement quantitative models and strategies.
• Conduct in-depth research and data analysis.
• Manage risk and strengthen controls.

Skills

Analytical capabilities

Problem-solving capabilities

Proficiency in Python

Excellent communication skills

Education

Bachelor’s degree in mathematics, engineering, computer science, physics, finance or related quantitative field

Tools

Data analysis libraries in Python

Dash and React

Job description

Job Purpose

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

Develop and implement quantitative models and strategies to derive insight into market trends and optimise trading decisions, pricing, and risk management across various financial products and markets. Work closely with sales teams to identify clients' needs and develop customised solutions, conduct in‑depth research, data analysis and statistical modelling to derive insights into market trends, pricing, and risk dynamics, provide front‑office infrastructure support, and maintain analytical libraries. Provide expertise on quantitative methodologies, technological advancements, and industry best practices to drive innovation within the trading environment.

Analyst Expectations

Perform prescribed activities in a timely manner and to a high standard, consistently driving continuous improvement. Demonstrate in‑depth technical knowledge and experience in the assigned area of expertise. Lead and supervise a team, guiding and supporting professional development, allocating work and coordinating resources; or, for an individual contributor, develop technical expertise and act as an advisor where appropriate. Apply leadership behaviours (Listen, Energise, Align, Develop) when leading, or demonstrate expertise, advisement, and impact when not.

Partner with other functions and business areas, take responsibility for end results of operational processing and activities, and advise and influence decision‑making within one's area. Manage risk and strengthen controls, deliver work in line with relevant rules, regulations and codes, and maintain a continual understanding of integration and operations across the organisation.

Essential Qualifications

• Execute compression cycles with external vendors (TriOptima, Quantile) and internal stakeholders.
• Conduct portfolio risk analysis and identify compression/optimization opportunities.
• Support pricing analytics for competitive portfolio auctions.
• Develop trading view dashboards with enhanced PnL attribution, risk bucketing and risk aggregation.
• Develop an understanding of rates products covering swaps, FRAs, swaptions, XCCY and FX.
• Collaborate with London/Asia Strats desk on existing processes.
• Work closely with colleagues in Trading, Sales, Structuring, Tech and middle office on ad‑hoc projects.
• Adhere to control processes around trade booking, verification and reconciliation.

Desirable Skillsets

• Bachelor’s degree in mathematics, engineering, computer science, physics, finance or related quantitative field.
• Strong academic record demonstrating analytical and problem‑solving capabilities.
• Experience in investment banking, financial technology or quantitative roles.
• Experience in Risk, Analytics and Technology functions preferred.
• Basic understanding of interest rate products (swaps, bonds) or willingness to learn quickly.
• Strong proficiency in Python (data analysis libraries).
• Excellent communication skills (oral and written).
• Ability to prioritise and manage multiple tasks and take ownership of assigned tasks.
• Aptitude for self‑learning.
• Experience with compression or portfolio optimisation.
• Experience building user interfaces / dashboards using Dash (Python) and React.
• Professional certification such as CFA, FRM or working towards them.

Location: NKP, Mumbai.