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Join us as a "QA Retail Credit Risk Model developer" in our Quantitative Analytics team. The 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. To be a Successful "QA Retail Credit Risk Model developer" the ideal candidate would be building targeted 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.
Job Responsibility:
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
Requirements:
Minimum Bachelor’s Degree in quantitative discipline
Hands-on experience in statistical model development and basic knowledge of Capital and impairment concepts
A good knowledge of data analysis, theory and statistical techniques (such as linear or nonlinear models, logistic regression, macroeconomic forecast, decision trees, cluster analysis and neural networks etc.)
Proficiency with analytical software R or Python, SQL tools (e.g., Oracle), Unix platforms, and MS Office required
Advanced Python Programming and knowledge of Python/R/C++ coding
Model implementation using DevOps tools like TeamCity, Jira, BitBucket and Nexus etc
Project and stakeholder management
Experience in financial institution data, supporting model development, implementation and productionisation within credit wholesale, consumer, finance or treasury
Nice to have:
Masters degree
Knowledge of Big Data platforms such as HADOOP and its eco-system
Knowledge of credit card and/or banking retail business (specifically Mortgage and Unsecured) is strongly preferred
Good exposure to statistical model development - familiarity with Consumer or Wholesale Credit risk modelling experience
Supported or working on stress testing across Risk, Treasury or Finance
Data science and Machine learning background
Experience working within quantitative analytics team delivering models
An understanding of the fundamental principles of the Basel and / or of IFRS 9 standards
What we offer:
Hybrid working
Modern workspaces, collaborative areas, and state-of-the-art meeting rooms
Facilities include wellness rooms, on-site cafeterias, fitness centers, and tech-equipped workstations
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