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CIO Strategy - Quantitative Analyst

London, United Kingdom

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Date live: 27/01/2026

Business Area: Finance

Area of Expertise: Risk and Quantitative Analytics

Contract: Permanent

Reference Code: JR-0000091819

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Barclays Risk

In Risk Barclays develops, recommends, and implements controls and cost-effective approaches to minimise Barclay's risks, identifies and analyses potential sources of loss to minimise risk and estimate the potential financial consequences of an occurring loss.

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­Overall purpose of role

This role sits in BX within the CIO Strategy team, reporting into the Head of CIO Strategy.  As a Quantitative Analyst (D) within the CIO Strategy team you will play a pivotal role in designing and implementing advanced quantitative models that underpin our investment strategy.  You will collaborate closely with senior stakeholders to provide actionable insights that guide portfolio decisions, resource allocation, and performance evaluation.

Key Accountabilities

The successful candidate will be accountable for the following key objectives:

Developing quantitative models in Python

Portfolio construction and optimisation models that are entity aware and consider expected returns, risk and resource constraints (e.g. balance sheet, RWAs, market risk limits, credit risk limits, LCR and funding costs)

Strategy and market timing models e.g. Regime analysis, seasonality, RV, momentum, duration signal

Maintaining and developing highly mapped trade level data to create useful MI e.g. exposure reporting, risk reporting, financial metrics (e.g. RoRWA, RoE), liquidity and capital utilisation

Risk and PV Analysis

Creating live risk and PV views

Creating tools to decompose PV/OCI

Performing risk, volatility and correlation analysis to create advanced risk metrics

Portfolio Sensitivity Analysis

Developing and performing risk management analysis (e.g. scenario modelling, monte-carlo simulation)

Developing tail hedging tools and proposing risk mitigating hedge packages (e.g. swaptions, invoice spreads)

Carry and OCI Forecasting

Developing models that forecast each component of carry (coupon, funding, swap and pull-to-par)

Developing OCI forecast models

Total return analysis and decomposition

Analysing forward CET1 impact from carry and OCI forecasts

Person Specification

  • A strong quantitative and analytical skillset is essential, demonstrated with an advanced degree in quantitative finance, mathematics, statistics, economics, engineering or a related field and relevant work experience
  • Expert in Python for data analysis, time-series analysis, optimisation techniques and automation.  Understanding of data structures & algorithms, object-oriented programming and various libraries (e.g. NumPy, SciPy, Matplotlib, Seaborn, scikit-learn)
  • Deep knowledge of quantitative finance, portfolio theory and risk management
  • Direct experience in Fixed Income, Rates with a strong interest in financial markets, economics and politics
  • Trade execution experience across fixed income is not essential
  • Strong stakeholder management skills and ability to work collaboratively across entity TFIs and senior management in a fast-paced environment

Essential Skills/Basic Qualifications:

  • Undergraduate or equivalent degree in a quantitative subject (e.g. Mathematics, Econometrics, Mathematical/Quantitative Finance, Economics, Physics, Engineering)
  • Expert in Python
  • Strong quantitative skills
  • Knowledge of portfolio theory
  • Strong interest in macroeconomics and politics

Desirable Skills/Preferred Qualifications:

  • Understanding of Barclays risk systems
  • Technical knowledge across fixed income products and derivatives

Stakeholder Management and Leadership

  • Builds and grows internal networks to better understand Investment teams’ requirements and each entities’ unique financial position regarding capital, liquidity and funding
  • Builds and grows external networks to better understand market and economic developments to provide better allocation decisions, discover new investment opportunities and provide more insightful output for the CIO
  • Openly shares knowledge and expertise to help deliver tangible progress at the individual and team development level
  • Participates actively in the firm’s Citizenship programme, taking into account the needs of all our stakeholders and making decisions which, in the short and long-term, are positive for our customers and clients, shareholders, colleagues and the communities in which we operate. 

Decision-making and Problem Solving

  • Contributes to projects and change management to improve desk processes, regulatory remediation, or product portfolio development and expansion. Provides guidance and direction to other colleagues as part of this process
  • Understands where the desk fits at firm level and leverages this understanding to suggest improvements to on-desk processes and improve governance and control structures

Purpose of the role

To design, develop, implement, and support mathematical, statistical, and machine learning models and analytics used in business decision-making

Accountabilities

  • Design analytics and modelling solutions to complex business problems using domain expertise.
  • Collaboration with technology to specify any dependencies required for analytical solutions, such as data, development environments and tools.
  • Development of high performing, comprehensively documented analytics and modelling solutions, demonstrating their efficacy to business users and independent validation teams.
  • Implementation of analytics and models in accurate, stable, well-tested software and work with technology to operationalise them.
  • Provision of ongoing support for the continued effectiveness of analytics and modelling solutions to users.
  • Demonstrate conformance to all Barclays Enterprise Risk Management Policies, particularly Model Risk Policy.
  • Ensure all development activities are undertaken within the defined control environment.

Director Expectations

  • To manage a business function, providing significant input to function wide strategic initiatives. Contribute to and influence policy and procedures for the function and plan, manage and consult on multiple complex and critical strategic projects, which may be business wide..
  • They manage the direction of a large team or sub-function, leading other people managers and embedding a performance culture aligned to the values of the business. Or for an individual contributor, they lead organisation wide projects and act as deep technical expert and thought leader, identifying new ways of working and collaborating cross functionally. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
  • Provide expert advice to senior functional management and committees to influence decisions made outside of own function, offering significant input to function wide strategic initiatives.
  • Manage, coordinate and enable resourcing, budgeting and policy creation for a significant sub-function.
  • Escalates breaches of policies / procedure appropriately.
  • Foster and guide compliance, ensure regulations are observed that relevant processes in place to facilitate adherence.
  • Focus on the external environment, regulators, or advocacy groups to both monitor and influence on behalf of Barclays, when appropriate.
  • Demonstrate extensive knowledge of how the function integrates with the business division / Group to achieve the overall business objectives.
  • Maintain broad and comprehensive knowledge of industry theories and practices within own discipline alongside up-to-date relevant sector / functional knowledge, and insight into external market developments / initiatives.
  • Use interpretative thinking and advanced analytical skills to solve problems and design solutions in often complex/ sensitive situations.
  • Exercise management authority to make significant decisions and certain strategic decisions or recommendations within own area.
  • Negotiate with and influence stakeholders at a senior level both internally and externally.
  • Act as principal contact point for key clients and counterparts in other functions/ businesses divisions.
  • Mandated as a spokesperson for the function and business division.

All Senior 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.

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.

Barclays welcomes applications from all candidates and is committed to ensuring reasonable adjustments (accommodations) are put in place to allow for a fair and inclusive recruitment process. For more information and how to request one, please review Adjustments to the recruitment process.

We’re a global, vital and highly respected financial organisation with an inspiring Purpose. Operating in 39 countries and employing around 100,000 people across the world, we help communities, individuals and businesses thrive. And we’ve created financial solutions and technology that the world now takes for granted. A career with us can offer incredible variety, depth and breadth of experience, and the chance to learn from some of the best minds in technology and finance.

To find out more about Barclays' strategy please click here.

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.

Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.

This is Barclays London

Our global HQ is in Canary Wharf, at the heart of London’s financial district. There are over 10,000 colleagues here – a hugely diverse workforce made up of the world’s best financial and tech talent. If you love the buzz of city life, this is the place to be.

Cycle or run to work? We’ve got everything you need – from cycle hire and parking areas to new showering and changing facilities.

CoSpace is our drop-in co-working space, where networks are built, problems are solved collectively and our community is strengthened.

Our Wellness Suite includes a well-equipped gym and exercise studios, and provides personal training sessions and massage therapy.

Our new trading floors enhance communication, integrate sustainability, and support health and wellbeing through innovative design and British-sourced furniture.

This is Barclays London

Our global HQ is in Canary Wharf, at the heart of London’s financial district. There are over 10,000 colleagues here – a hugely diverse workforce made up of the world’s best financial and tech talent. If you love the buzz of city life, this is the place to be.

Supporting active commuters

Cycle or run to work? We’ve got everything you need – from cycle hire and parking areas to new showering and changing facilities.

Time to connect

CoSpace is our drop-in co-working space, where networks are built, problems are solved collectively and our community is strengthened.

Wellbeing in focus

Our Wellness Suite includes a well-equipped gym and exercise studios, and provides personal training sessions and massage therapy.

Advanced trading floors

Our new trading floors enhance communication, integrate sustainability, and support health and wellbeing through innovative design and British-sourced furniture.

Multicultural ERGs at Barclays

Be you. Be valued. Belong.

We celebrate the unique perspectives and experiences each individual brings, believing our differences make us stronger and drive success.

You can learn more about our commitment to our colleague on our Inclusion and Opportunities page.

Learn more

Application Process

Your application

We’ll ask for information about you, your CV and cover letter.

1

Your assessment

Covering your behaviours and ability at work.

2

Your interview

Exploring your past experiences and skills.

3

Next step

We’ll request additional information so that you can complete our screening process

4
How to ApplyRead our FAQ's
Barclays

Working flexibly

We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports your personal needs, alongside the professional needs of our business. If you'd like to explore flexible working arrangements, please discuss this with the hiring manager. Your request will be reviewed in-line with the requirements of the role/business needs of the team.

Hybrid working

We have a structured approach to hybrid working, where colleagues work at an onsite location on fixed, ‘anchor’, days, as set by the business area. Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.

Barclays is built on an international scale.

Our geographic reach, our wide variety of functions, businesses, roles and locations reflect the rich diversity of our worldwide customer base. All of which means we offer incredible variety, depth and breadth of experience.
And the chance to learn from a globally diverse mix of colleagues, including some of the very best minds in banking, finance, technology and business. Throughout, we’ll encourage you to embrace mobility, exploring every part of our operations as you build your career.

Find more information

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