- Entry level
- No Education
- Salary to negotiate
- New York City
Wasp Quant Developer - 90221045
Primary Location:US-New York-745 Seventh Avenue, New York, NY
Posting Range:2 Apr 2019 - Ongoing
WASP Quant Developer
New York, NY
The Statistical Modelling and Development team remit lies within the trading activities in the Markets division, in particular electronic trading activities. It is responsible for
Algorithms and model based business logic used in electronic trading in Markets.
Underlying technology used in electronic trading and Data Science
The primary purpose of electronic trading is to provide liquidity to clients on agency and principal basis, where either the connection to the client is electronic or provision of that liquidity requires electronic trading. This requires the analysis, research and development of proprietary algorithms and trading business logic using data mining and statistical techniques. The business logic includes information extraction from market data, price formation, execution strategies and smart-order-routing.
Quant-developer working within the SM&D team, designing and developing reusable frameworks to underpin our market analytics, execution strategies and models. Ultimately the purpose is to create best in class the business logic and models. This would involve the full chain from requirements gathering, design, implementation, production, optimization, monitoring and support.
Primarily responsible in the implementation of equities trading models
Review the implementation of other software developers
Responsible for the correct documentation of the trading logic
Participate in the testing of the trading models
What will you be doing?
The quantitative developer will interact with the quantitative analysts, and developers from the technology organization, product team and traders. It is important for the quantitative developer to pay attention to details and to be able to think “outside of the box”.
It is important to understand that the role is not simply in implementing the model according to a set of requirements, but the quantitative developer should challenge the model logic and provide constructive criticism in order to improve the model. Therefore, it is important to full understand the model and the problem we are trying to solve.
What we’re looking for:
Bachelor’s degree in a related field (STEM or Finance)
1 to 4 year(s) experience in a Quantitative Development role in a similar financial institution
Mastering the Java programming language
Expertise in software development practices
Skills that will help you in the role:
Knowledge of the Q analytics query language
Knowledge of the trade process
Knowledge of statistical analysis
Where will you be working?
You will be working at our Americas Headquarters at 745 Seventh Avenue. This 37-story office tower is located in Times Square in the heart of Manhattan and features a cafeteria, fitness center and state-of-the-art LED signage on the facade of the building.
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.
Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. Our values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our colleagues. Simply put, success is not just about what you achieve, but about how you achieve it.
We aim to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to our vision and goals.
It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.
Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager.
Our customers are unique. The same goes for our colleagues. That's why at Barclays we offer a range of benefits, allowing every colleague to choose the best options for their personal
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.