- Entry level
- No Education
- Salary to negotiate
Quantitative Model Developer - 90223480
Primary Location:Czech Republic-CZ-Prague-Prague
Posting Range:1 Mar 2019 - Ongoing
Quantitative Model Developer
Prague,. Czech Republic
Quantitative Analytics (QA) is a global organisation of highly specialized quantitative modellers and developers. QA is led by Marco Naldi, who is a member of Risk Exco.
QA is responsible for developing, testing, implementing and supporting quantitative models for valuation and risk management of traded assets, regulatory and economic capital, impairments, fraud detection, asset-liability management, operational risk, net revenue and balance sheet forecasting, and stress testing across Barclays.
The role is in the global Quantitative Analytics (QA) function, working in the Market Risk (MR) team. QA MR is responsible for the research, development, and documentation of the regulatory capital models for market-risk RWAs. The team is part of the QA Trading Book Risk (TBR) group in the investment bank.
We are an equal opportunity employer and we are opposed to discrimination on any grounds.
What will you be doing?
Participate in the development and maintenance of production regulatory market risk models. The area of activities include: supporting AWS cloud based risk model systems, supporting runtimes using virtual and serveless hardware, deployment quantitative models to production. The systems include market data loading, pricing , sensitivity based risk analytics , historical back-testing, statistical analysis of relevant market data, numerical implementations of analytical modules in Python.
• Key Accountabilities
o Maintenance of current risk applications and models
o Come up with clear and solid designs to implement proposed modelling changes, to deliver in dynamic, agile, and often ambiguous contexts
o Deliver prototypes using or extending as appropriate our Python-based modelling platform
o Develop the models in C++/Python/R and assist IT to integrate them into the production system.
o Participate to the design and the development of a robust, scalable, and extendible Market Risk solutions and their integration into the Risk engines framework.
o Support Risk, FO and IT users of our analytics
• Stakeholder Management and Leadership
o Candidates must be able to, and to communicate effectively with stakeholders (Risk IT, Project Managers, Model Validation, Risk Managers) and colleagues in QA. Strong communication skills, including to non-technical audiences are essential
• Decision-making and Problem Solving
o A successful candidate must be proactive and detail-oriented, yet adaptable to changing requirements and flexible at the same time.
o The candidate will be expected to show high level of initiative, motivation and drive; ability to work independently and to influence progress
• Risk and Control Objective
o Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.
What we’re looking for:
• Masters Degree
• 5+ Years Experience in Statistics or Machine Learning methodology
• 5+ Years Hands-on Programming skills in Python or C++.
• AWS cloud experience, Terraform, Chef, CloudWatch, Docker, Mongo DB
• Nice to have: Experience in supporting risk models
Skills that will help you in the role:
• Experience supporting AWS cloud based risk model systems, supporting runtimes using virtual and serveless hardware, deployment quantitative models to production.
• Experience in development and support of quantitative development process, including statistical and machine learning models.
• Analytic skills: financial mathematics, time series, statistical analysis, numerical analysis, etc.
Where will you be working?
With 120 thousands of employees and over 326 years of tradition, we are one of the largest banking company in the world. Over the years, we have come up with many revolutionary ideas that changed the way people think about their finances; whether it was the first credit card issued in Great Britain or the first ATM machine, we have always been trying to push the banking business a little further. Our Prague office is 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
About the company
Barclays moves, lends, invests and protects money for 48 million customers and clients worldwide.
We have over 325 years of history and expertise in banking. From our beginnings in Lombard Street, London through to the launch of the world’s first ATM and innovative mobile phone payments services, find out more about our achievements to date.
Barclays is a trading name of Barclays Bank PLC and its subsidiaries. Barclays Bank PLC is registered in England and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England. Registered No. 1026167. Registered office: 1 Churchill Place, London E14 5HP.