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.
Oct. 13, 2021
COO & Functions
Risk and Quantitative Analytics
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.
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.
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.
Working here makes me feel supported, valued, recognised, appreciated and has given me plenty of opportunities to grow.
ETL Developer in Market Risk, Glasgow
Barclays is a great place to work because the teams here have a very positive energy to them. There is a lot of camaraderie and team spirit here.
Engineering Lead, Fraud Detection, Whippany
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!
Java Developer, Glasgow
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.
Wolf Team, Prague
More about working at Barclays
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.
Respect: We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's 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.
Barclays offers a diverse, inclusive and engaged culture. A place where people can bring their whole selves to work and be respected for who they are, valued for what they do and celebrated for their contribution to our business and our community.
We are an equal opportunity employer and opposed to discrimination on any grounds. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, colour, 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.
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.