QA Equities and Hybrid

We are seeking a skilled and motivated Quantitative Analyst to join our Equity & Hybrid Products team. You will work at the intersection of financial engineering and quantitative research, supporting pricing, risk management, and trading strategies for a wide range of equity derivatives and cross-asset (hybrid) products.

Key Accountabilities:

• Develop and maintain pricing and risk models for equity derivatives and hybrid products (e.g., equity-interest rate, equity-FX structures).
• Implement models in C++, Python, or proprietary libraries used by front-office desks.
• Calibrate models to market data and perform quantitative analyses to support trading strategies.
• Collaborate with traders, structurers, and risk managers to deliver robust analytical tools and pricing solutions.
• Ensure model governance compliance, including documentation and validation support.
• Contribute to innovation in pricing methodologies, numerical techniques, and model efficiency improvements.
• Conduct scenario analysis and stress testing for complex structured products.

Essential Skills & Qualifications:

• MSc/PhD in a quantitative field (e.g., Mathematics, Physics, Financial Engineering, Computer Science).
• Strong programming skills (C++, Python or similar).
• Deep understanding of stochastic calculus, numerical methods, and derivatives pricing.
• Experience with equity derivatives (vanilla and exotics); hybrid product experience is a strong advantage.
• Familiarity with market data sources (e.g., Bloomberg, Reuters) and calibration techniques.
• Effective communication skills with ability to explain complex models to non-technical stakeholders.

Previous experience in a front-office quant role or risk/valuation team is preferred.

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

This role is based in London.

Purpose of the role

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.

Accountabilities

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

Vice President Expectations

• 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 escalate breaches of policies/procedures.
• If managing a team, they define jobs and responsibilities, plan for the department's future needs and operations, counsel employees on performance, and contribute to employee pay decisions/changes. They may also lead specialists to influence departmental operations, aligning with strategic and tactical priorities, while balancing short and long-term goals and ensuring budgets and schedules meet corporate requirements.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate leadership behaviors such as listening, inspiring, aligning, and developing others to create a thriving environment.
• For individual contributors, they serve as subject matter experts, guiding technical direction, leading multi-year assignments, training, coaching less experienced staff, and advising on strategic decisions.
• Advise key stakeholders, including senior management, on functional and cross-functional impacts and alignment.
• Manage and mitigate risks through assessment, supporting control and governance initiatives.
• Demonstrate leadership and accountability in managing risk and controls related to team activities.
• Understand organizational functions to contribute to business goals effectively.
• Collaborate with other areas to stay aligned with business strategies.
• Create solutions based on sophisticated analysis, comparing complex alternatives, and incorporating extensive research outcomes.
• Build and maintain trusting relationships with stakeholders, using influencing and negotiating skills to achieve objectives.

All colleagues are expected to embody Barclays Values: Respect, Integrity, Service, Excellence, and Stewardship, and to demonstrate the Barclays Mindset: Empower, Challenge, and Drive.