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Liquidity Risk Model Developer

Glasgow, Scotland

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Development and Engineering at Barclays

In Barclays Technology, we build solutions that make life simple for our customers. Solutions that are global, agile and smart. As a part of our team, you’ll recode and reimagine, learn and adapt. Rewire what the world needs, and look ahead. This is where you can be at your best. Where you can redefine the future of finance.

Key information

Date live Oct. 13, 2021

Business Area COO & Functions

Area of Expertise Risk and Quantitative Analytics

Contract Permanent

Reference Code 90299675

Job description

Liquidity Risk Model Developer

As a Barclays Liquidity Risk Model Developer, you will be joining a group of business-focused modelling and infrastructure SMEs within the Model & Infrastructure team, which is part of the wider Treasury and Capital Risk team. Model & Infrastructure is responsible for the roll-out of the strategic platform in order to run Barclays’ liquidity stress tests, limits and reports, along with the ongoing support of existing models and methodologies.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We offer careers that provide endless opportunity – helping millions of individuals and businesses thrive, and creating financial and digital solutions that the world now takes for granted.

What will you be doing?
•    Managing and developing a high-performing, disciplined team, managing the requirements of multiple stakeholders across different entities
•    Driving forward projects to improve Barclays’ liquidity risk framework e.g. calibrating new stress models, through interaction with Front Office, Treasury and Validation Unit
•    Producing and maintaining up to date model documentation for liquidity stress models
•    Configuring and updating liquidity stress models within the strategic stress platform (FISCUS-MEE)
•    Being involved in Treasury change initiatives including working with IT in the automation of liquidity stress testing
•    Reviewing and updating the ILAAP documentation on a yearly basis
•    Producing bespoke stress scenarios requiring data mining and analysis

What we’re looking for:
•    Degree in quantitative discipline
•    Programming experience (e.g. Python/R/SQL)
•    Experience of working in liquidity risk
•    Good documentation skills

Skills that will help you in the role:
•    Masters in quantitative discipline (e.g. Mathematics/Computer Science)
•    Understanding of derivatives, secured and unsecured products
•    Demonstrable experience of model development, model lifecycling and model monitoring
•    Experience of risk monitoring and control frameworks

Where will you be working?
Barclays Scotland is a real Scottish success story. We’ve been in Scotland for 250 years, and our significance has never been as important as it is today. Glasgow is a recognised strategic hub within Barclays globally, and admired as a shining light in Scottish business.


What you get in return

However high you rise at Barclays, we believe all our employees should receive a competitive package of core benefits flexible to you and your family’s needs. At Barclays, you’ll support our customers and clients, and we’ll support you with rewards that will genuinely make a difference.

Competitive holiday allowance

Competitive pay

Life assurance

Income protection

Private medical care

Flexible working

Pension contribution

Voluntary benefits

Success profile

To be successful in Barclays Technology, there are a few things we look for. Creativity, curiosity, and an excitement of what we can offer, and what you can do here.

Qualities we look for: innovative, collaborative, customer focused, passionate

Languages and Technologies

We really love to code. And we love to make that code work for our millions of global customers. Built in a way that makes life simpler. For you, that means reinventing what money means to the world. It means going that step further to develop something that can handle millions of trades or millions of transactions a day. It’s a big responsibility. Are you ready to rethink your future?

Where do you want to take your tech career?

Financial services is going through a massive transformation, and here at Barclays we’re leading the way. People are our greatest asset. And that’s why we give our colleagues the opportunity and space to explore their ideas, and innovate on a global scale.

Find out more about what our leaders think the Barclays workforce of the future will look like.

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One of my favourite things about working for Barclays is the freedom to explore different technical solutions to a variety of problems. It's a great way of expanding my knowledge and keeps me on my toes!


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I’m really pleased with the work I’ve done so far. Because Barclays relies on technology to provide services that are so important to millions of people, we value quality over quantity, especially in software design.


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