Junior Quantitative Analyst Full Time

About Company :

Barclays is a British universal bank. Our vision is to be the UK-centred leader in global finance. We are a diversified bank with comprehensive UK consumer, corporate and wealth and private banking franchises, a leading investment bank and a strong, specialist US consumer bank. Through these five divisions, we are working together for a better financial future for our customers, clients and communities.

Job Description :

Quantitative Analytics (QA) is a global organisation of highly specialized quantitative modellers and developers. QA is responsible for developing, testing, implementing, and supporting quantitative models for valuation and risk management of traded assets, regulatory and economic capital, impairments, asset-liability management, operational risk, net revenue and balance sheet forecasting, and stress testing across Barclays. The Quantitative Modeller position provides project specific leadership in building targeting solutions that integrate effectively into existing systems and processes while delivering strong and consistent performance. Working with QA Managers, the quantitative modeller role provides expertise in project design, predictive model development, validation, monitoring, tracking, implementation and/or specification.

Required Skills

• Good Mathematical and Statistical Knowledge.
• Proficiency in programming languages such as Python, for developing, implementing and optimizing quantitative models.
• Understanding Economic Capital, operational risk concepts, and quantitative modelling is crucial for developing models that accurately forecast operational risk losses and create operational risk structure scenarios
• The ability to analyse complex data, identify patterns, and solve problems is critical for developing effective quantitative models.
• Working closely with US or UK team members, IVU, and other stakeholders requires strong collaboration and communication skills.

Some other highly valued skills may include:

• Good presentation and communication skill.
• Should be a quick learner.
• Being flexible and open to new ideas and approaches.
• Strong analytical skills.

Roles & Responsibilities

• Design analytics and modelling solutions to complex business problems using domain expertise.
• Collaboration with technology to specify any dependencies required for analytical solutions, such as data, development environments and tools.
• Development of high performing, comprehensively documented analytics and modelling solutions, demonstrating their efficacy to business users and independent validation teams.
• Implementation of analytics and models in accurate, stable, well-tested software and work with technology to operationalise them.
• Provision of ongoing support for the continued effectiveness of analytics and modelling solutions to users.
• Demonstrate conformance to all Barclays Enterprise Risk Management Policies, particularly Model Risk Policy.
• Ensure all development activities are undertaken within the defined control environment.