BA4 - Research

Job Title: BA4 - Research
Location: Mumbai

About Barclays
Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.

Risk and Control Objective
Take ownership for managing risk and strengthening controls in relation to the work you do.

Working Flexibly

We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager, and your request will be reviewed subject to business needs

Hybrid Working

Structured hybrid role:
At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home. We have a structured approach where colleagues work at an onsite location on fixed, ‘anchor’, days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.

Introduction:

There are two aspects to this role: (a) To build, maintain and own the regular production of Barclays quantitative models and (b) to provide quantitative analysis support to senior QPS Analysts in London and New York. The candidate will be required to

1. Take ownership of Barclays QPS quantitative models
2. Assist senior quant analysts to maintain model datasets used in monthly production process
3. Work on custom projects across multiple asset classes involving time-series analysis, statistical inferences analyzing large datasets
4. Monitor the automation of quant models, handle exceptions and act as a point of contact for Technology teams
5. Improve and maintain existing quantitative models, conduct quantitative analysis, empirical research on model related issues

What will you be doing?

• Take initiatives to improve quant libraries as maintaining high data quality is essential for research and smooth production of quantitative models
• Work closely with senior QPS Analysts in building research datasets for new projects
• Present analysis to senior stakeholders in a clear and concise manner
• Own and drive timely production of quantitative scorecards, signals etc by handling model production, monitoring automation jobs investigating and escalate to Tech support in case of job failures
• Conduct rigorous checks as publishing erroneous data creates reputational risk for Barclays.
• Provide guidance to developers and internal stakeholders on data related issues
• The candidate will be expected to have a critical eye on the established process/systems in order to question them in a positive, productive and efficient way.

• B.Tech/M.Tech Dual Degree programme from IITs with strong academic performance
• Academic or on the job experience in quantitative research or statistical model development
• Skills in statistics, econometrics including time-series analysis, cross-sectional techniques
• Solid programming skills in at least one coding languages such as Python, R, Matlab or SAS

Skills that will help you in the role:

• Excellent written and verbal communication skills. Good creativity and ability to work independently or in a team
• Strong interest in learning about financial markets. No prior knowledge required

Where will you be working?
Mumbai

Be More at Barclays
At Barclays, each day is about being more – as a professional, and as a person. ‘Be More @ Barclays’ represents our core promise to all current and future employees. It’s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.
Purpose, Values and Mindset

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 harness the power of diversity and inclusion in our business, trust those we work with, and value everyones contribution.
Integrity
We operate with honesty, transparency and fairness in all we do.
Service
We act with empathy and humility, putting the people and businesses we serve at the centre of what we do.
Excellence
We champion innovation, and use our energy, expertise and resources to make a positive difference.
Stewardship
We prize sustainability, and are passionate about leaving things better than we found them.

Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.

Empower
Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure.
Challenge
Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints.
Drive
Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done.