Equity Derivatives Quant, VP

Barclays • New York, NY

1d • Onsite

About The Position

The purpose of the role is to provide quantitative and analytical expertise to support trading strategies, risk management, and decision-making within the investment banking domain. This involves applying quantitative analysis, mathematical modelling, and technology to optimize trading and investment opportunities. The role requires designing, implementing, and validating sophisticated mathematical models while collaborating closely with trading desks and IT teams to enhance valuation and risk management solutions. The successful candidate will leverage strong quantitative, analytical, and programming skills to deliver precise and reliable results under tight deadlines, gaining exposure to global markets and opportunities for collaborative work across multiple international offices.

Requirements

• Ample understanding of equity derivative pricing models, including flow, exotics, and QIS
• Proficiency in C++ and Python development, including object-oriented and functional design
• Experience in equity derivatives or other front-office quantitative roles
• Ability to program numerical algorithms and implement mathematical models
• Experience with Python numerical libraries such as NumPy and Pandas

Nice To Haves

• Ample analytical and numerical problem-solving ability
• Attention to detail and accuracy in model implementation
• Self-driven with the ability to meet deadlines
• Meticulous in following specifications and validating output
• Effective collaboration across multi-disciplinary and international teams

Responsibilities

• 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.
• 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 escalate breaches of policies/procedures.
• 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.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed