Rates Quantitative Analyst -VP

2764 Barclays Capital Inc.; City of Niagara Falls (NY); On-site; USD 150,000 - 225,000; Full time

Job summary

Barclays is seeking a Rates Quantitative Analyst - VP in New York to design, implement and support advanced stochastic interest-rate models used for pricing and risk management of vanilla and exotic rate derivatives.

You will work closely with trading, structuring and sales teams to deliver quantitative insights that support revenue generation and trading strategies, contributing to global structured rates capabilities through modeling, analytics and implementation.

Qualifications

• Experience with stochastic rate models used for pricing and risk management.
• Strong programming ability in C++ and Python for quant finance applications.
• Experience in front-office risk, pricing, and analytics in rates markets.

Responsibilities

• Develop and implement quantitative models for rates products to support pricing and risk management.
• Partner with trading, structuring and sales to deliver quantitative insights and solutions.
• Maintain and enhance analytical libraries and infrastructure used by front-office teams.

Skills

Stochastic modeling

Curve construction

Programming in C++

Programming in Python

Quant risk management

Front-office analytics

Tools

C++

Python

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. 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.

Job Overview & Responsibilities

Join Barclays as a Rates Quantitative Analyst -VP. At Barclays, our vision is clear - to redefine the future of banking and help craft innovative solutions. In this role, you will design, implement, and support advanced stochastic interest-rate models used for pricing and risk management of vanilla and exotic rate derivatives. This role partners closely with trading, structuring, and sales teams to deliver quantitative insights that directly support revenue generation and trading strategies. You will contribute to global structured rates capabilities through innovation in modeling, analytics, and implementation.

Required Skills

• Stochastic interest-rate modeling for options, exotics, and structured rates products
• Expertise in curve construction, volatility surface calibration and modelling (e.g., SABR/ZABR), and multi-factor short-rate models for exotic products
• Programming skills in C++ and Python for quantitative finance applications
• Numerical methods, nonlinear analytics, and production-grade library development
• Quantitative risk management and pricing within front‑office environments
• Deep technical expertise in quantitative methods, mathematical modelling, and computational problem-solving

Highly Valued Additional Skills

• Stakeholder management and collaboration across front‑office functions
• Clear written and verbal communication for technical and non-technical audiences
• Thought leadership, intellectual curiosity, and creative problem-solving
• Ability to translate complex quantitative concepts into business impact
• Exposure to the municipal derivatives market is a plus
• Relevant experience in US rates markets, including swaps, swaptions, caps/floors, and CMS products.
• Knowledge of BMA/SIFMA indices and Total Return Swaps is an added advantage

Assessment Criteria

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

Location

This role is located in New York, NY.

Salary

Minimum Salary: $150,000 Maximum Salary: $225,000 The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.

Company Culture and Values

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.