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Barclays- QA_Modelling_Role Profile_BA4 (1)

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0% found this document useful (0 votes)
47 views

Barclays- QA_Modelling_Role Profile_BA4 (1)

Uploaded by

gavihas893
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Job Title:

Graduate Analyst
Corporate Grade: BA4
Reports to (Line Manager’s Job Title):
Assistant Vice President/ Vice President/ Director
Direct Reports (if applicable): 0
Business Area: Quantitative Analytics
Department/Function Level 1: Model Development / Modelling Systems
Department/Function Level 2: COO & Functions
Primary Location: Noida
IAR Role No
Regulated Role No

Role Profile Attestation


The content of this role profile is relevant for the role in question
Name of reviewer: Pankaj Gupta
Role of reviewer: Director, QA Modelling Systems
Date of review: 2nd Sep 2021

About Barclays
Barclays is a transatlantic bank offering personal, corporate and investment banking, credit cards and wealth
management, with a very strong presence in the UK and the US. We strive to be the bank of choice by providing
superior services and we support our stakeholders with long-term, sustainable returns.

We are diversified by business line, geography and customer through our divisions, Barclays UK and Barclays
International. Our core business is strong, with exciting prospects, and we are well positioned to deliver long-term
value.

Barclays Shared Growth Ambition is our approach to citizenship and a sustainable business model. We seek a
prosperous future for all our clients, customers, and the communities we serve.

The delivery of our strategy is underpinned by the energy, commitment and passion of our people, and we are
clear on our common purpose: to help people achieve their ambitions, in the right way.

About Quantitative Analytics


Quantitative Analytics (QA) is a global organisation of highly specialized quantitative modellers and developers. QA
is led by Marco Naldi, who is a member of Risk Exco.

QA is responsible for developing, testing, implementing and supporting quantitative models for valuation and risk
management of traded assets, regulatory and economic capital, impairments, fraud detection, asset-liability
management, operational risk, net revenue and balance sheet forecasting, and stress testing across Barclays.

Overall purpose of role


The Quantitative Modeller position provides project specific leadership in building targeting solutions that
integrate effectively into existing systems and processes while delivering strong and consistent performance.

For further information about Barclays, please visit our website www.barclays.com
We are an equal opportunity employer and we are opposed to discrimination on any grounds. If this position requires the person to be an
Approved Person under the Financial Services and Markets Act 2000 (FSMA), disclosure of spent convictions within the meaning set out in the
Rehabilitation of Offenders Act 1974 (Exceptions) Order 1975 will be required.
Working with QA Managers, the quantitative modeller role provides expertise in project design, predictive model
development, validation, monitoring, tracking, implementation and/or specification

Key Accountabilities
 Develop predictive models, statistical analyses, optimization procedures, monitoring processes, data quality
analyses, and score implementations and specifications.
 Participate in overall project design and delivery with Quantitative Analytics’ other functional teams and
end-clients.
 Produce robust documentation to ensure replicability of results and fulfil Barclays governance
requirements.
 Work constructively with other Barclays resources to deliver projects.
 Work with other colleagues to ensure project completion within agreed time frames and end-client
satisfaction.
 Contribute to the broader Quantitative Analytics department through participation in peer reviews, terms
of reference reviews, modelling forums, and ad hoc project collaboration.

Stakeholder Management and Leadership


 Lead resource on projects and bank system migrations, understanding proposed changes, impacts to risk,
solutions to mitigate, RAIDs (risks, assumptions, issues, dependencies) to manage, timelines to deliver,
resource requirements to deliver.
 Drive the delivery of allocated offshore resources, providing subject matter expertise (systems, data and
solutions) and ensuring delivery commitments are met. Act as the interface between the business and
junior offshore team members where necessary.
 Take business requirements, validate, clarify and where appropriate, challenge/refine them with the
stakeholder, in order to translate them into a meaningful functional specification on which to base build
activity.
 Manage delivery to agreed timelines and report on progress to a centralized risk change forum and model
owners with risk (up to and including director level).
 Ongoing coaching and development of offshore team members to establish and maintain delivery
standards, and instil project disciplines into all technical deliveries.
 The role holder will be expected to hold code and document walkthroughs with peers and senior
managers who will provide appropriate challenge to drive quality.

Decision-making and Problem Solving

 Impact analysis of existing managed solutions in response to bank wide initiatives (such as operational
system changes).
 Spot and take advantage of opportunities to improve code efficiency, data transformation, space
utilization.
 Rapid model implementation data exploration and extraction to source the most suitable data items to
support the model build validation exercises.
 Role holder will inform the strategic direction of the Python environment, the principles applied and the
toolset evolution.

Risk and Control Objective


Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide
Risk Management Framework and internal Barclays Policies and Policy Standards.

Person Specification
Strong communication to different senior stakeholders, both written and verbal, will be a key competency of the
successful candidate. This needs to be coupled with strong attention to detail, a rigorous and methodical approach
to managing projects, maintaining clear and concise governance, and ensuring delivery is planned out, resourced,
tracked and delivered.

For further information about Barclays, please visit our website www.barclays.com
We are an equal opportunity employer and we are opposed to discrimination on any grounds. If this position requires the person to be an
Approved Person under the Financial Services and Markets Act 2000 (FSMA), disclosure of spent convictions within the meaning set out in the
Rehabilitation of Offenders Act 1974 (Exceptions) Order 1975 will be required.
A motivated, disciplined, self-starter profile is preferred. Someone who is confident in their own ability/skills,
such that they can make recommendations and take decisions, after considering all the factors. The
candidate should be able to work in isolation and within a team environment, as required.

Essential Skills/Basic Qualifications:


 Minimum Bachelor’s Degree in quantitative discipline (e.g. Finance, Mathematics/Statistics or
Economics).
 Hands-on experience in statistical model development.
 A good knowledge of data analysis, theory and statistical techniques (such as linear or nonlinear models,
logistic regression, macroeconomic forecast, decision trees, cluster analysis and neural networks etc.)
 Proficiency with analytical software R or Python, SQL tools (e.g., Oracle), Unix platforms, and MS Office
required.
 Advanced Python Programming and knowledge of Python/R/C++ coding.
 Model implementation using DevOps tools like TeamCity, Jira, BitBucket and Nexus etc.
 Project and stakeholder management.
 Experience in financial institution data, supporting model development, implementation and
productionisation within credit wholesale, consumer, finance or treasury.

Desirable skills/Preferred Qualifications:


 Masters/PhD Degree in Computer Science, Math or Statistics
 Knowledge of Big Data platforms such as HADOOP and its eco-system
 Knowledge of credit card and/or banking retail business is strongly preferred
 Good exposure to statistical model development - familiarity with Consumer or Wholesale Credit risk
modelling experience.
 Supported or working on stress testing across Risk, Treasury or Finance
 Data science and Machine learning background
 Experience working within quantitative analytics team delivering models

Purpose and Values


We deploy finance responsibly to support people and businesses, acting with empathy and integrity,
championing innovation and sustainability, for the common good and the long term.
Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.

Respect
We respect and value those we work with, and the contribution that they make.
Integrity
We act fairly, ethically and openly in all we do.
Service
We put our clients and customers at the centre of what we do.
Excellence
We use our energy, skills and resources to deliver the best, sustainable results.
Stewardship
We are passionate about leaving things better than we found them.

For further information about Barclays, please visit our website www.barclays.com
We are an equal opportunity employer and we are opposed to discrimination on any grounds. If this position requires the person to be an
Approved Person under the Financial Services and Markets Act 2000 (FSMA), disclosure of spent convictions within the meaning set out in the
Rehabilitation of Offenders Act 1974 (Exceptions) Order 1975 will be required.

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