Equities Quantitative Analyst, AVP

Barclays•New York, NY

3d•Hybrid

About The Position

The purpose of the role is to design, develop, implement, and support mathematical, statistical, and machine learning models and analytics used in business decision-making. This includes designing analytics and modeling solutions to complex business problems using domain expertise, collaborating with technology to specify dependencies, developing high-performing and documented solutions, implementing them in stable software, and providing ongoing support. The role also requires demonstrating conformance to Barclays Enterprise Risk Management Policies, particularly Model Risk Policy, and ensuring development activities are within the defined control environment. As an Assistant Vice President, the role involves advising and influencing decision-making, contributing to policy development, taking responsibility for operational effectiveness, and collaborating closely with other functions. For leadership responsibilities, People Leaders are expected to demonstrate specific leadership behaviors (Listen and be authentic, Energize and inspire, Align across the enterprise, Develop others). For individual contributors, they will lead collaborative assignments, guide team members, identify the need for other specializations, and identify new directions for assignments. They will consult on complex issues, provide advice to People Leaders, identify ways to mitigate risk, and develop new policies/procedures. Ownership for managing risk and strengthening controls is expected. The role requires performing work closely related to other areas, understanding how areas coordinate, collaborating with business-aligned support areas, and engaging in complex analysis of data from multiple internal and external sources to solve problems creatively. Communication of complex information and influencing stakeholders are key. All colleagues are expected to demonstrate Barclays Values (Respect, Integrity, Service, Excellence, Stewardship) and the Barclays Mindset (Empower, Challenge, Drive).

Requirements

Mathematical, statistical, and machine learning models and analytics
Domain expertise
Collaboration with technology
Development of high performing, comprehensively documented analytics and modelling solutions
Implementation of analytics and models in accurate, stable, well-tested software
Ongoing support for the continued effectiveness of analytics and modelling solutions
Conformity to Barclays Enterprise Risk Management Policies, particularly Model Risk Policy
Development activities undertaken within the defined control environment
Professional knowledge and skills
Leadership behaviours (for People Leaders): Listen and be authentic, Energize and inspire, Align across the enterprise, Develop others
Collaborative assignments and guiding team members (for individual contributors)
Identifying the need for the inclusion of other areas of specialisation
Identifying new directions for assignments and/or projects
Consulting on complex issues
Providing advice to People Leaders
Identifying ways to mitigate risk
Developing new policies/procedures
Managing risk and strengthening controls
Understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function
Keeping up to speed with business activity and the business strategy
Complex analysis of data from multiple sources of information, internal and external sources
Solving problems creatively and effectively
Communicating complex information
Influencing or convincing stakeholders
Demonstrate Barclays Values: Respect, Integrity, Service, Excellence and Stewardship
Demonstrate the Barclays Mindset: Empower, Challenge and Drive
Design, development and maintenance of models and infrastructure components for the equity business
Collaboration with Front Office and Technology
Deployment of new and strategic pricing, risking, and volatility fitting libraries to production
Extending delta one related pricing models and back-testing framework with new features
Back-testing strategies
Critical analysis of the results
Design and implement back-test tools
Research, test and document pricing, risking, and volatility fitting models

Nice To Haves

Telecommute

Responsibilities

Design analytics and modelling solutions to complex business problems using domain expertise.
Collaborate 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.
Advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness.
Collaborate closely with other functions/ business divisions.
Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function.
Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes.
Lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments.
Identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
Take ownership for managing risk and strengthening controls in relation to the work done.
Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
Communicate complex information.
Influence or convince stakeholders to achieve outcomes.
Responsible for the design, development and maintenance of models and infrastructure components for the equity business.
Collaborate with Front Office and Technology to deploy new and strategic pricing, risking, and volatility fitting libraries to production.
Extend delta one related pricing models and back-testing framework with new features, back-test strategies and perform critical analysis of the results.
Design and implement back-test tools needed by trading desks in day-to-day activities, ranging from market data discovery to alternative risk views, to signal generation.
Research, test and document pricing, risking, and volatility fitting models.