SM&D US Equities Quant

New York, United States

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Date live: Oct. 11, 2022

Business Area: Barclays International

Area of Expertise: Investment Banking

Reference Code: 90281137

Contract: Permanent/Regular

Where will you be located?

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Electronic Trading Quant Researcher

New York, 745 Ave

The Electronic Trading Quant Researcher will help design, research, back-test and calibrate limit order and/or venue selection models in our algorithmic trading product suite. They will also ensure that the trading logic is providing optimal and cost-effective execution across the business, and that the products are current with market and regulatory developments and risk is managed appropriately.

The successful candidate is also expected to engage in product development, client support and production of high quality content for client and trader education.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

What will you be doing?

You will be designing, researching, back-testing, and calibrating models for limit order placement and/or venue selection models (smart order routing).

You will be evaluating the performance of the models and quantify their efficacy.

You will be developing response function for short-term alphas and incorporate them in to limit order model or Smart Order Router implementation

You will collaborate with quantitative development and technology teams to ensure models are accurately implemented in code

Work with the product team to ensure efficiency of deliverables and coordination across risk and technology groups

Design, research, back-test, and calibrate models for limit order placement and/or venue selection models (smart order routing).

Understand and explore related academic research and extract ideas to explore

Evaluate the performance of the models and quantify their efficacy

What we’re looking for:

Masters or Ph.D in a quantitative discipline such as Maths, Finance, Machine Learning/AI, Econometrics, Computer Science, Statistics, Physics, Chemistry or Operations Research.

Extensive practical knowledge of statistical methodologies

Prior experience with electronic trading algorithms

Skills that will help you in the role:

Deep understanding of the US equity market microstructure and various order types available

Working knowledge of Python or Q

Experience with handling and analysing large amounts of tick data

Where will you be working?

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.

More about working at Barclays

Our approach to hybrid working ensures there’s the right balance of working alongside colleagues at our onsite locations, as required for each role. For business areas that offer a hybrid working experience, this will be in a structured way, where colleagues work at an onsite location on fixed, ‘anchor’, days of the week. Some roles may require full onsite working. Please discuss the working pattern requirements for the role you are applying for with the hiring manager.

We continue to embed and review our hybrid working environment and remain in a phase of testing and learning. This means that working arrangements could change, with reasonable notice, to align with the needs of our business.

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 committed to providing an inclusive culture and environment, that 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.

Our approach to working flexibly is designed to support you to balance your life and to accommodate diverse needs, whilst still allowing us to meet our business needs. If you’d like to request a flexible working arrangement, please discuss this with your hiring manager.

We're committed to providing a supportive and simplified experience for our candidates throughout the application and assessment process. Here, you will find information about what to expect and some guidance around your assessment and interview.

While the application process depends on the role, there are some constant steps, which are;

Step 1 - Your application
Step 2 - Your assessment
Step 3 - Your interview
Step 4 - Next steps

We aim to create an inclusive work environment where everyone can reach their full potential. If you require any adjustments to our recruitment process, please click here to learn more.

Find out more information here.

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.

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.

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