Quantitative Analyst Glasgow, Scotland
Job description
Quantitative Analyst
Glasgow
As a Barclays Quantitative Analyst, you will develop and deploy a variety of credit risk models, capital, impairment, credit decision and stress testing for core BUK products, cards, unsecured loans, current accounts, mortgages, and business banking. Due to the variety of portfolios and model types adopted, there is a culture within the team of close collaboration with colleagues and cross-learning opportunities.
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 recognizes 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.
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 can request work patterns to reflect their personal circumstances. Please discuss the detail of the working pattern options for the role with the hiring manager.
• Developing credit risk models across the life-cycle of various portfolios, including regulatory (capital, impairments), credit settlement and stress testing models
- Delivering robust, predictive models and tools that are compliant with both internal and external regulations
- Identifying and using cutting-edge techniques to develop best-in-class models
- Sharing and seeking out best practice across the modelling peer group
- Conveying high levels of accuracy and internal consistency and validation within projects
- Providing business with insights and recommendations in order to improve strategies and processes
- Employing high-standard Python code and model documentation
- Ensuring accurate implementation of models and supporting their use, interpretation, and monitoring
• A university degree or equivalent in statistics, mathematics, operations research, or another quantitative discipline, or significant relevant industry experience
- Good knowledge and understanding of data analysis and multivariate statistical modelling techniques
- Proficiency in Python
- Expertise in Microsoft Office
• Expertise in capital and impairment model development
- Involvement in retail and/ or SME banking products
- Knowledge and understanding of credit decisioning models and forecasting/ stress testing models
- Experience in a variety of modelling techniques and their value in business
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
