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 us as a “Rates Strats VP” in supporting critical trading desk initiatives across risk analytics, portfolio optimisation, compression and rates derivatives structuring. This role combines quantitative analysis, technology, product expertise and leadership to deliver high-impact solutions for the global Macro business.
To be a successful “Rates Strats VP” role will require strong leadership of the Mumbai Rates Strats/Structuring team, close partnership with onshore stakeholders, and hands-on involvement in the analysis, pricing and lifecycle management of rates derivatives and structured solutions. This is a high-visibility role with direct exposure to Trading, Sales, Structuring, Strats, Quants and Technology leadership.
You may be assessed on the key critical skills relevant for success in this role, suits a self-motivated, highly energetic individual with a strong interest in rates markets, derivatives, mathematics and coding. The candidate should be comfortable operating as a technical lead and trusted partner to the business, with the ability to guide junior team members, shape delivery priorities and deepen the team’s expertise across linear and structured rates products.
Basic/ Essential Qualifications:
- Lead a team of Rates Strats/Structuring colleagues in Mumbai, setting delivery priorities, providing technical guidance and ensuring high standards of execution.
- Act as a senior escalation point for complex analytical, operational and delivery issues, coordinating across Trading, Structuring, Quants, Technology and Operations to drive timely resolution.
- Partner with onshore Structuring and Trading teams to translate business requirements into scalable analytics, dashboards and tooling that support pricing, risk management and client solutioning.
- Understand the Risk system architecture, along with Trading desk Risk mgmt requirements / processes.
- Develop trading view dashboards with enhanced PnL attribution, risk bucketing and risk aggregation.
- Trade capture, risk analysis and capital optimization.
- Work with the compression team to understand existing processes and innovate new ones.
- Work closely with colleagues in Trading, Sales, Structuring, Tech, Quants and middle office on strategic and ad-hoc projects, providing leadership, product expertise and delivery discipline.
- Adherence to control processes around trade booking, verification and reconciliation.
Desirable skillsets/ good to have:
- Bachelor's or, master's degree in mathematics, Engineering, Computer Science, Physics, Finance, or related quantitative field.
- Strong academic record demonstrating analytical and problem-solving capabilities.
- Investmennt banking, preferably in Rates Trading, Structuring, Strats, Quant or Risk roles, with demonstrable exposure to derivatives pricing, risk analytics or structured product delivery.
- Experience supporting structuring or trading desks through pricing analysis, risk decomposition, scenario analysis, lifecycle management or client solution analytics.
- Understanding of trading desk operations and risk management processes.
- Advanced proficiency in Python (data analysis libraries)
- Experience with API development and integrations.
- Excellent communication skills (oral/written)
- Ability to prioritize and manage large projects and take full ownership of assigned tasks.
- Proven ability to lead workstreams or small teams, mentor junior colleagues and manage delivery across multiple stakeholders.
- Aptitude for self-learning.
This role will be based out of NKP Mumbai.