Quantitative Risk Manager
New York, NY

Barclays Services Corp.

What will you be doing?

Barclays Services Corp. seeks a Quantitative Risk Manager in New York, NY (multiple positions)

1. Lead development on Hedge Fund Risk Strategy projects encompassing analyses, tools, metrics, and models around key risk factors and evolving themes in the Hedge Fund sector.
2. Design and implement risk identification and track tools across different products and markets.
3. Distil portfolio vulnerabilities, trends, and emerging risks from observed trading activities and market data sources into quantitative metrics or assessments.
4. Apply and embed new tools and capabilities into the Funds Risk Management framework.
5. Take ownership of formal model development within the team including research, implementation, back testing, and documentation.
6. Support the model validation process as-needed.
7. Engage with Credit Officers and the Prime business to discuss and understand market activity, client strategy and portfolio positioning.
8. Communicate and present views and findings to peers and other relevant stakeholders.
9. Support analyses for management information as-needed.
10. Develop working relationships with wider teams across the organization such as Quantitative Analytics and Research to leverage and share institutional knowledge, best practices and functional tools.
11. May telecommute.

What we’re looking for:

Employer will accept a Master’s degree in Mathematics, Finance, Physics, Engineering, Information Systems Management, Computer Science, or related field and five (5) years of experience in the job offered or related occupation.

Where will you be working?

You will be working at our New York, New York location at 745 Seventh Avenue. This 37-story office tower is located in Times Square in the heart of Manhattan and features a cafeteria, fitness center and state-of-the-art LED signage on the façade of the building. The building is easily accessible to Restaurants, Shops and Public Transportation. Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.

Our Values

Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. Our values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our colleagues. Simply put, success is not just about what you achieve, but about how you achieve it.

Our Diversity

We aim to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to our vision and goals.

It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.

Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager.

Our Benefits

Our customers are unique. The same goes for our colleagues. That's why at Barclays we offer a range of benefits, allowing every colleague to choose the best options for their personal circumstances. These include a competitive salary and pension, health care and all the tools, technology and support to help you become the very best you can be. We are proud of our dynamic working options for colleagues. If you have a need for flexibility then please discuss this with us.

Salary / Rate Minimum/yr: $248,581 per year
Salary / Rate Maximum/yr: $248,581 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.

We’re a global, vital and highly respected financial organisation with an inspiring Purpose. Operating in 50 countries and employing around 83,000 people across the world, we help communities, individuals and businesses thrive. And we’ve created financial solutions and technology that the world now takes for granted. A career with us can offer incredible variety, depth and breadth of experience, and the chance to learn from some of the best minds in technology and finance.