Quantitative Finance Associate Intern

Job Description

Purpose of the role

To participate in the day-to-day activities of the markets division providing insights and expertise that help senior colleagues make informed decisions, develop new products and services, and identify new market opportunities.

Accountabilities

• Execution of small research projects, research to support strategic decision making, preparation of presentations and reports to communicate research findings, collaboration with senior management to implement research findings for the global markets division.
• Collaboration with cross-functional teams to support business initiatives.
• Participation in training and development programs to enhance skills and knowledge.
• Identification of opportunities, development of business cases, management of the deployment and launch of new products and services for the global markets division.
• Management of client relationships and provision of customer service support to clients and customers, under steadily decreasing supervision, responding to questions about products and services, processing of transactions.
• Management of the development and implementation of financial models and strategies that support in decision making in the global markets division.
• Training and mentoring of junior colleagues.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Internship Overview

Join us on an internship for 10 weeks within one of our Quant focused business areas. Immerse yourself in our work and culture and gain invaluable insights with this longer internship. 1-2 year targeted, fast-track program focused on developing specialist technical expertise.

Why the Quant Internship Program?

As an intern with Barclays, you’ll be embedded with one of our Quant teams, we’ll expect you to have a tangible impact on our business from day one, using the latest AI tools to work on algorithmic trading strategies, researching and developing models or producing data analysis tools for valuation and risk management.

Applying to our program provides the opportunity to join one of our specialist teams, including: 

Markets Quantitative Analytics (Markets QA)

Markets Quantitative Analytics develops the models, data science and insights that underpin trading, risk management and decision-making across Global Markets. By combining quantitative research, technology and market expertise, the team automates strategies, enhances analytics and delivers scalable solutions that improve franchise performance.

Risk Quantitative Analytics (Risk QA)

Risk Quantitative Analytics develops the models, analytics and technology that enable Barclays to measure, manage and optimise financial risk across the firm.  By combining quantitative research and software engineering, the team delivers data-driven insights and scalable solutions that support decision-making, regulatory compliance and risk management.

Electronic Trading (eTrading)

Markets Electronic develops, operates and governs Barclays' global electronic trading capabilities, delivering the platforms, algorithms, quantitative models, client connectivity and automation that enable clients to trade seamlessly across asset classes at scale.  The team combines trading, quantitative research, data science, technology, and risk control expertise to drive revenue growth, market-making, execution quality, resilience and innovation across Global Markets' eTrading franchise.

The chance to make an impact

From beginning to end, we’ll do everything in our power to make sure you get the very most from your internship, including matching you with a team that best aligns with your strengths.

We’ll surround you with challenging projects and opportunities to grow and learn. We’ll keep you motivated with encouragement, feedback and support as you build your technical know-how, business acumen and leadership skills. We’ll help you connect with mentors, and network with colleagues and senior leaders alike. If you perform well, this could be the beginning of an incredible career with Barclays.

Working in New York

You will be working at our Americas Headquarters 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 facade of the building.

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, protected veteran status, genetic information, or any other basis protected by law.

Salary / Rate Minimum: 125,000.00

Salary / Rate Maximum: 150,000.00

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any another type of compensation or benefits that may be available.