Quantitative Investment Strategies, AVP

What will you be doing?

Barclays Capital Inc.  seeks Quantitative Investment Strategies, AVP in New York, NY (multiple positions available):

• Run back-tests of variations of existing quantitative investment strategies using firm proprietary systems.

• Optimize parameters for quantitative investment strategies and test the sensitivities of the parameters under different scenarios.

• Analyze the risk / return relationship behind quantitative investment strategies. Understand the risk associated with structured products by running stress tests in both backward-looking and forward-looking simulations.

• Develop marketing presentations and related materials.

• Pitch, recommend and explain new and existing quantitative investment strategy offerings to new and existing institutional client base, including but not limited to pension, asset managers, hedge funds, insurers, etc.

• Generate and propose new trade ideas from research papers and markets and convert trade ideas into investable indices or strategies.

• Draft, revise and review financial swap transaction documentation, including drafting of bespoke confirmation documentation. Draft, revise and review index rules and methodology documentation.

• Produce periodic strategy performance attribution reporting and provide market commentary for clients.

• Domestic and international travel required 5% of the time to visit existing and prospective clients to present product pitches or review existing transactions.

Salary / Rate Minimum/yr: $152,339 per year

Salary / Rate Maximum/yr: $175,000 per year

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 .

This position is eligible for incentives pursuant to Barclays Employee Referral Program.

Purpose of the role

To develop and implement structured financial products and solutions to meet the needs of clients and optimize the bank's market exposure and profitability. 

Accountabilities

• Development of innovative structured financial products and solutions to address the specific needs of clients, including derivatives, structured notes, and other structured investment products.
• Risk analysis and management associated with structured products, including market risk, credit risk, and operational risk, to ensure compliance with regulatory requirements and bank policies.
• Assessment of pricing and valuation of structured products, including the use of mathematical models and financial instruments, and liaising with trading to ensure competitive pricing.
• Collaboration with traders, risk managers, and other stakeholders to ensure effective product implementation and risk mitigation.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• 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 lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders 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.