Front Office Cross Markets Quant

Join us at Barclays as a Front Office Cross Markets Quant. QA Markets is responsible for the research, development and implementation of quantitative models used in running the Global Capital Markets business. The QA Cross Markets team (QA XM) develops and supports models and analytics for the Cross Markets business areas, particularly the Resource Management Group (RMG) and Counter party Risk Trading (CRT) desks.

The team is based in London and Prague, and works closely with the trading desks and other QA teams. The calculations are particularly interesting since they require modelling of whole portfolios. This cross-asset nature makes for high‑dimensionality problems which are both mathematically and computationally sophisticated.

We have recently upgraded our XVA analytics to a new cutting‑edge analytics library and are now looking to leverage these capabilities to help the Markets business manage CCR RWA capital. We are looking for a highly capable and motivated person to help in this challenging and exciting project. The role will involve close interaction with the Markets business in order to deliver tools and analysis required, alongside model development and improvements to improve the quality of analytics.

• Strong analytical and numerical skills
• Good written and verbal communication
• Experience in delivering production quality code in C++ or Python, including use of source control, continuous integration, unit and regression testing.
• Track record of project delivery, encompassing the full project lifecycle of design, implementation, testing and documentation.

• Expertise in CCR modelling and regulations
• Modelling/business/IT experience in XVA/CCR/interest rates/FX/inflation/equity

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job‑specific technical skills.

You will be based in our Canary Wharf, London Office.

To provide quantitative and analytical expertise to support trading strategies, risk management, and decision‑making within the investment banking domain, applying quantitative analysis, mathematical modelling, and technology to optimise trading and investment opportunities.

• Development and implementation of quantitative models and strategies to derive insight into market trends and optimise 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 through 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.

• To 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 escalated breaches of policies/procedures.
• If managing a team, define jobs and responsibilities, plan for the department’s future needs and operations, counsel employees on performance and contributing to employee pay decisions/changes. May also lead a number of specialists to influence the operations of a department, in alignment with strategic and tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop…