Quantitative Analyst/Developer

Prague

As a Barclays Quantitative Analyst or Developer, you will provide Quantitative model support and development for credit products. This is an opportunity to work closely with the other credit QAs and credit traders to price trades and help risk manage the trading books. Part of your role will be to evaluate the full economics of the trades including funding and capital costs. You will also work closely with the businesses to satisfy their risk management, valuation and quantitative strategy needs.

Barclays is one of the world's largest and most respected financial institutions, established in 1690, with a legacy of success, quality, and innovation. 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.

At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home. We have a structured approach where colleagues work at an onsite location on fixed, ‘anchor’, days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.

What will you be doing?

Developing new models and supporting existing models for single name, delta one, structured and exotic credit products and credit hybrids

Ensuring that the models should be state of the art, practical and well understood by users, and thoroughly tested and documented

Ensuring that models are delivered in collaboration with quantitative developers, technologists and model validation

Balancing tactical and strategic solutions in line with the overall needs of the bank

Adapting to change and work in a fast changing environment

Working closely with other QAs and credit traders to price trades and help risk manage the trading books

Taking ownership for managing risk and strengthening controls in relation to the work you do

What we’re looking for:

Proficient modern C++ (C++17 at least)

Great desire to work in finance and utilize the programming skills to develop into a quantitative analyst

Excellent oral and written communication skills and be able to clearly express complex technical issues and requirements

Ability to evaluate the full economics of the trades including funding and capital costs

Skills that will help you in the role:

Knowledge of theoretical quantitative finance

Familiarity with derivatives risk system design patterns

Competence of Python/C#/VBA/Git

Familiarity with CI/DevOps development and deployment patterns

Where will you be working?
Our Prague office is based in the financial centre of Prague. We are part of the Operations and Technology Division, and as such, we try our best to stay at the top of our technological game. However, the technology itself is not the most important thing. What matters the most to us is the way our ingenuity can help provide better service to our customers and make life easier for our employees.

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