Quant Analyst Glasgow, Scotland
Barclays
Full Time
Glasgow, Scotland
37465 - 72000 GBP ANNUAL Today
Job description
Quantitative Analyst Wholesale Credit Risk
Glasgow
As a Barclays Quantitative Analyst, you will support the development, calibrations, monitoring of models for capital (Basel), impairment (IFRS9), and stress testing (CCAR, PRA, EBA).
You will enhance model management through automation and development of new approaches for implementing quantitative models for valuation of traded assets, regulatory and economic capital, impairments, fraud detection, asset-liability management, net revenue across Barclays.
Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We offer careers that provide endless opportunity – helping millions of individuals and businesses thrive, and creating financial and digital solutions that the world now takes for granted.
Working Flexibly
We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life.
If you would like some flexibility then please discuss this with the hiring manager, and your request will be reviewed subject to business needs.
Hybrid Working
We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We’re flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances
Please discuss the detail of the working pattern options for the role with the hiring manager.
What will you be doing?
• Developing new credit risk models, contributing to the development through approval
What we’re looking for:
• Degree in a quantitative discipline, such as Statistics, Mathematics, Econometrics, Physics, Engineering, with experience of developing and applying statistical models
Skills that will help you in the role:
• Experience in model delivery/validation in quantitative analytics role in a large financial institution
Where will you be working?
Our new state-of-the-art Campus, right in the heart of Glasgow is a hub of creative collaboration. A place where everyone can bring their true selves to work and reach their full potential. Home to 5,000 of our colleagues, our Tradeston campus will support the community in more ways than one - by creating thousands of new career opportunities and celebrating local artists. A short walk from Central Station on the south of the Clyde, it will be a key location for the Barclays business that will deepen our ties with the city and its communities.
#LI-Hybrid
#LI-LW2020
We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life.
If you would like some flexibility then please discuss this with the hiring manager, and your request will be reviewed subject to business needs.
Hybrid Working
We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We’re flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances
Please discuss the detail of the working pattern options for the role with the hiring manager.
What will you be doing?
• Developing new credit risk models, contributing to the development through approval
- Validating performance of new models to required standards
- Managing parts of complex projects, liaising with stakeholders to ensure project progress
- Managing stakeholder expectations with respect to dependencies and deliverables
- Motivating team members and junior staff to deliver high quality output within tight deadlines
- Leading project meetings, providing clear plan on future steps, and guiding colleagues through actions
What we’re looking for:
• Degree in a quantitative discipline, such as Statistics, Mathematics, Econometrics, Physics, Engineering, with experience of developing and applying statistical models
- Track record of producing high quality written communication including results of research and presentations for technical and non-technical audiences
- Numerical/Data programming ability using R and/or Python and SQL
- Experience in data visualization, cleaning, and feature extraction
Skills that will help you in the role:
• Experience in model delivery/validation in quantitative analytics role in a large financial institution
- Knowledge of Regulatory capital models; ideally in Credit Risk PD/LGD/EAD modelling
- Good knowledge of statistics, e.g. regression analysis, reject inference, decision trees, confusion matrix, cross-validation and experience with the Latex document preparation system
- Familiarity with continuous integration development framework (e.g. Teamcity), and source control (P4, Git, SVN) and with unit-testing
Where will you be working?
Our new state-of-the-art Campus, right in the heart of Glasgow is a hub of creative collaboration. A place where everyone can bring their true selves to work and reach their full potential. Home to 5,000 of our colleagues, our Tradeston campus will support the community in more ways than one - by creating thousands of new career opportunities and celebrating local artists. A short walk from Central Station on the south of the Clyde, it will be a key location for the Barclays business that will deepen our ties with the city and its communities.
#LI-Hybrid
#LI-LW2020
