Barclays
Finance
QA-MarketRisk
Neural analysis suggests this role is
optimal for Mid+ candidates.
“QA-Market Risk at Barclays. Skills: Market Risk Modelling, Quantitative Analytics, Model Development, Model Validation, Risk Management. Design analytics and modelling solutions to complex business problems using domain expertise. Development of high performing, comprehensively documented analytics and modelling solutions, demonstrating their efficacy to business users and independent validation teams”
What You'll Achieve.
Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct; Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to
Industry & Context.
Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents
What They're Looking For.
Must Have
end-to-end model development, coding languages like Python OR R OR C++, knowledge of FRTB, knowledge of VaR, knowledge of Expected Shortfall (ES), knowledge of BASEL, knowledge of Monte Carlo Simulation, knowledge of Stress Testing, knowledge of Exposure Modeling, knowledge of CVA, knowledge of Pricing Models, knowledge of Desk Quants and Strategists, knowledge of Black-Scholes, knowledge of Economic Risk Capital, knowledge of Incremental Risk Charge (IRC), knowledge of Risk Factor Modelling (Interest Rates, Equities, Credit, Commodities etc. ), knowledge of Back-testing, knowledge of Numerical Analysis, knowledge of SR 11/7, knowledge of SS1/23, Hands on coding experience (as a full-stack developer / agile developer etc.), Hand on experience in Model Development, Hand on experience in Model Validation
Nice to Have
Advanced Technical Degree (Master's / PhD / similar or equivalents) - Statistics, Engineering, Numerical Analysis, Mathematics, Physics, Econometrics, Financial Engineering, Computer Science, Financial Mathematics, Certification - GARP-FRM, PRM, CQF, AI/ML Courses, Coding and Computer Programming, core development experience preferred, Preferable language is Python, C/C++ etc
What You'll Do.
Design analytics and modelling solutions to complex business problems using domain expertise
Development of high performing
comprehensively documented analytics and modelling solutions
demonstrating their efficacy to business users and independent validation teams
Implementation of analytics and models in accurate
well-tested software and work with technology to operationalise them
Provision of ongoing support for the continued effectiveness of analytics and modelling solutions to users
Develop best in class credit risk models using industry leading model development frameworks & methodologies
work in a global quant team
work with regulators across the world
work with cutting-edge technology
How You'll Work.
Team & Collaboration
Collaboration with technology to specify any dependencies required for analytical solutions, such as data, development environments and tools; Partner with other functions and business areas; Takes responsibility for end results of a team’s operational processing and activities; Advise and influence decision making within own area of expertise; Make evaluative judgements based on the analysis of factual information, paying attention to detail; Guide and persuade team members and communicate complex / sensitive information; Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation
Communication Scope
demonstrating their efficacy to business users and independent validation teams; Guide and persuade team members and communicate complex / sensitive information; Act as contact point for stakeholders outside of the immediate function
Full Job Description
# **Job Description** **Purpose of the role** To design, develop, implement, and support mathematical, statistical, and machine learning models and analytics used in business decision-making **Accountabilities** * Design analytics and modelling solutions to complex business problems using domain expertise. * Collaboration with technology to specify any dependencies required for analytical solutions, such as data, development environments and tools. * Development of high performing, comprehensively documented analytics and modelling solutions, demonstrating their efficacy to business users and independent validation teams. * Implementation of analytics and models in accurate, stable, well-tested software and work with technology to operationalise them. * Provision of ongoing support for the continued effectiveness of analytics and modelling solutions to users. * Demonstrate conformance to all Barclays Enterprise Risk Management Policies, particularly Model Risk Policy. * Ensure all development activities are undertaken within the defined control environment. **Analyst Expectations** * To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement. * Requires in-depth technical knowledge and experience in their assigned area of expertise * Thorough understanding of the underlying principles and concepts within the area of expertise * They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources. * 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 others. * OR for an individual contributor, they develop technical expertise in work a
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