Senior Quant Developer Rates/Credit/Securitise Products

Responsibilities

• Design, develop, and maintain high-performance trading platforms and risk management systems for Rates, Credit, and Securitised Products.
• Collaborate with traders, strategists, and stakeholders to translate complex requirements into scalable technological solutions.
• Implement new features and enhancements to improve platform performance, reliability, and user experience.
• Drive innovation by staying updated on technological advancements and industry trends in quantitative modeling.
• Partner with cross-functional teams, including compliance and IT, to address system issues and implement robust solutions.
• Act as a subject matter expert to guide technical direction and mentor less experienced specialists.

Requirements

• Extensive knowledge of mathematical finance and derivative pricing models (e.g., Local Volatility Cheyette, Libor Market Models).
• Strong understanding of numerical methods, including Monte-Carlo simulations, variance reduction, and numerical integration.
• Proficiency in Python 3+ with deep experience using Pandas, NumPy, and Matplotlib.
• Experience with Credit Default Swaps pricing and modeling of default and recovery.

Preferred Qualifications

• PhD or Master’s degree in Computer Science, Applied Mathematics, Physics, or a related quantitative field.
• Programming proficiency in C++ or C#.
• Proven ability to translate model and governance requirements into robust engineering solutions.

Benefits

• Competitive base salary and eligibility for incentive awards.
• Access to a suite of country-specific benefits.
• Opportunity to work in a high-impact role within a leading global investment bank.

About the Company

Barclays is a leading international financial institution dedicated to excellence, integrity, and service. We foster a collaborative culture where employees are empowered to challenge the status quo and drive innovation in the global markets.