Level

Barclays

Rates Quantitative Analyst -VP

AI in this role

Provide quantitative expertise and mathematical modeling to support trading strategies, pricing, and risk management in investment banking.

quantitative-analysismathematical-modellingstatistical-modellingrisk-management
Job Description

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 though 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, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
  • 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 will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
  • Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
  • Manage and mitigate risks through assessment, in support of the control and governance agenda.
  • Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
  • Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
  • Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
  • Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
  • Adopt and include the outcomes of extensive research in problem solving processes.
  • Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Join Barclays as a Rates Quantitative Analyst -VP. At Barclays, our vision is clear - to redefine the future of banking and help craft innovative solutions. In this role, you will design, implement, and support advanced stochastic interest-rate models used for pricing and risk management of vanilla and exotic rate derivatives. This role partners closely with trading, structuring, and sales teams to deliver quantitative insights that directly support revenue generation and trading strategies. You will contribute to global structured rates capabilities through innovation in modeling, analytics, and implementation.

To be successful as a Rates Quantitative Analyst -VP, you should have:

  • Stochastic interest-rate modeling for options, exotics, and structured rates products

  • Expertise in curve construction, volatility surface calibration and modeling (e.g., SABR/ZABR), and multi-factor short-rate models for exotic products

  • Programming skills in C++ and Python for quantitative finance applications

  • Numerical methods, nonlinear analytics, and production-grade library development

  • Quantitative risk management and pricing within front‑office environments

  • Deep technical expertise in quantitative methods, mathematical modeling, and computational problem-solving

Some other highly valued skills may include:

  • Stakeholder management and collaboration across front‑office functions

  • Clear written and verbal communication for technical and non-technical audiences

  • Thought leadership, intellectual curiosity, and creative problem-solving

  • Ability to translate complex quantitative concepts into business impact

  • Exposure to the municipal derivatives market is a plus

  • Relevant experience in US rates markets, including swaps, swaptions, caps/floors, and CMS products. Knowledge of BMA/SIFMA indices and Total Return Swaps is an added advantage

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

This role is located in New York, NY.

Minimum Salary: $150,000

Maximum Salary: $225,000

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.

How we rate this

Rates Quantitative Analyst -VP at Barclays rates 10 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Open the description and count.

Prepare for this job

A free preview built only from this posting: what it asks for, what you could be asked in an interview, and how to adjust your resume.

Skills and AI tools this role asks for

Quantitative AnalysisMathematical ModellingStatistical ModellingRisk Management

Questions you could be asked

  1. Tell me about a project where quantitative analysis was part of your work. What did you do?
  2. Tell me about a project where mathematical modelling was part of your work. What did you do?
  3. Tell me about a project where statistical modelling was part of your work. What did you do?
  4. Tell me about a project where risk management was part of your work. What did you do?

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  • List these exact terms on your resume: Quantitative Analysis, Mathematical Modelling, Statistical Modelling, and Risk Management. An applicant tracking system matches the wording, not the idea.
  • Attach one line of real, concrete experience to at least one of them — a tool named with nothing behind it rarely survives a human read.

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