This list contains only the countries for which job offers have been published in the selected language (e.g., in the French version, only job offers written in French are displayed, and in the English version, only those in English).
Join us in the role of Equity Derivatives and Hybrids Quant Modeler (Model Integrity and Control), where you will be responsible for presenting 1st line challenge to current models and assess impacts of models assumptions and limitations. In this role you will focus on model assessment, increasing testing coverage, automation, and steer governance for Equity Derivatives models, with an emphasis on collaboration with quant developers, validators, and key stakeholders across the model lifecycle.
Job Responsibility:
Present 1st line challenge to current models and assess impacts of models assumptions and limitations
Focus on model assessment, increasing testing coverage, automation, and steer governance for Equity Derivatives models
Provide an effective challenge to models by assessing the impact of their assumptions and limitations, focusing on the accuracy and robustness of the models
Explore alternative approaches to mitigate limitations and evolve trading, risk management platforms
Review models and documentation to provide guidance on their design
Implement, run and analyse performance tests using production C++ libraries and Python
Write high-quality documentation and automating tasks
Collaboration with traders, strategists, and stakeholders to gather requirements and translate them into scalable and efficient technological solutions
Implementation of new features, enhancements, and functionalities on trading platforms to improve performance, reliability, and user experience
Stay updated on technological advancements, industry trends, and best practices to drive innovation and continuous improvement in trading platforms
Collaboration with cross-functional teams including business aligned SM&D teams, strats, compliance, and IT to address system issues and implement solutions
Manage a business function, providing significant input to function wide strategic initiatives
Contribute to and influence policy and procedures for the function
Plan, manage and consult on multiple complex and critical strategic projects
Manage the direction of a large team or sub-function, leading other people managers
Lead organisation wide projects and act as deep technical expert and thought leader
Train, guide and coach less experienced specialists
Provide expert advice to senior functional management and committees
Manage, coordinate and enable resourcing, budgeting and policy creation for a significant sub-function
Escalates breaches of policies / procedure appropriately
Foster and guide compliance, ensure regulations are observed
Focus on the external environment, regulators, or advocacy groups to both monitor and influence on behalf of Barclays
Demonstrate extensive knowledge of how the function integrates with the business division / Group
Maintain broad and comprehensive knowledge of industry theories and practices within own discipline
Use interpretative thinking and advanced analytical skills to solve problems and design solutions
Exercise management authority to make significant decisions and certain strategic decisions or recommendations
Negotiate with and influence stakeholders at a senior level both internally and externally
Act as principal contact point for key clients and counterparts in other functions/ businesses divisions
Mandated as a spokesperson for the function and business division
Requirements:
PhD or master’s degree in financial mathematics, Mathematics or Physics
Prior experience developing and/or implementing Equity Derivatives models and hybrids (ideally). Strong knowledge of exotics models for other asset classes can also be considered
Provide expert advice to senior stakeholders on modelling topics, anticipating issues and weighing advantages and disadvantages of choices leading to models’ assumptions and limitations
Solid modelling skills (Python essential and optionally C++)
Nice to have:
Exceptional precision and attention to detail
Excellent oral and written communication skills
Demonstrate best in class professional integrity
What we offer:
Structured approach to hybrid working
Supportive and inclusive culture and environment
Commitment to providing a supportive and inclusive culture
Opportunity to explore flexible working arrangements
Geographic reach, wide variety of functions, businesses, roles and locations
Chance to learn from a globally diverse mix of colleagues