Investment Risk Quantitative Analyst

Investment Risk Quantitative Analyst
London
As a Barclays Investment Risk Quantitative Analyst, you will be monitoring, analysing and reporting on Investment Risk, ensuring that PBWM (Private Bank & Wealth Management) portfolios are managed in line with the clients' risk profile. You will also be responsible for providing quantitative modelling expertise developing and building on the existing capabilities of IA (Investment Analytics) to make sure that the PBWM models are robustly calibrated and managed appropriately, and that they are within relevant governance.
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.
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?
• Providing technical expertise in Investment Risk modelling (volatility/value-at-risk/ contribution to risk/factor analysis/stress testing/liquidity/leverage/exposure calculations)
• Monitoring and managing risk at every stage of the investment process to ensure that SAA, TAA, Models and portfolios are all within guidelines defined for each risk profile
• Reporting at regular portfolio management and governance meetings, articulating the impact of investment decisions on portfolios/products, and providing risk commentary
• Supporting the growth of the business by providing risk and bespoke asset allocation analytics for prospective clients
• Developing, supporting, and maintaining risk systems: Bloomberg PORT+, SwissQuant, LQA and other proprietary tools
• Supporting the risk management of the Barclays regulated funds platforms in the UK, Ireland, and Luxembourg
• Managing new product approvals (NAPA) in respect of model risk
• Contributing to innovation/development of the Investment Risk framework, including process/systems/reporting, resulting in recommendations to the Investments ManFo
What we're looking for:
• Relevant experience in quantitative modelling or risk modelling including leverage, volatility, Value at Risk (VaR), stress testing, liquidity monitoring, regulatory frameworks
• A high degree of IT skills including MS Excel, VBA and Python programming
• Understanding of financial instruments across asset classes and complexity; Equity, Fixed Income, Commodities, Private Assets, Hedge Funds, Derivatives and Structured Products
• Proven numerical and analytical skills with excellent attention to detail and accuracy
Skills that will help you in the role:
• Knowledge of more complex risk management and modelling techniques including: Second order risks such as gamma and vega, OTC derivative valuation, Monte Carlo simulations
• Understanding of systems/languages including Bloomberg PORT+, Avaloq, Lexifi, SwissQuant, LQA, Charles River, Tableau, BQL
• Post graduate qualifications or industry quantitative modelling qualifications such as CFA/ FRM/CAIA/CQF, as well as understanding of UCITs and AIF regulatory frameworks
• Experience of working closely with investors and research groups, and an ability to forge solid working relationships
Where will you be working?
1 Churchill Place in the heart of Canary Wharf is our London headquarter. The building is easily accessible by Tube, Docklands Light Railway and all major bus links. The atmosphere is second to none with an array of onsite amenities and a real buzz being created around the offices within.