Skip to main content

Quantitative Model Developer

Prague, Czechia

Apply for job

Date live: 09/18/2024

Business Area: Risk

Area of Expertise: Risk and Quantitative Analytics

Contract: Permanent

Reference Code: 90389102

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.

We are seeking a Gen AI (Artificial Intelligence) Model Developer with a specialisation in ML(Machine Learning) to join our global Quantitative Analytics (QA) team within the Risk AI division. This role presents an opportunity to join a new function within the organization with a focus on providing and maintaining Gen AI solutions for the middle office.

To be successful as a Gen AI Model Developer you should have experience with:

•    Creating models and tools for risk managers and other business users using the latest advancements in Gen AI. 
•    Machine learning concepts, software engineering in Python, statistical analysis, and data processing.
•    Cloud-based systems and numerical analysis.

Some other highly valued skills may include:

•    Experience in LLMs( Large language models)
•    Vector Databases
•    SQL, NoSQL DBs and Amazon Bedrock

You may be assessed on the key critical skills relevant for this role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role is based in our Prague Location.

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 operationalize 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.

Assistant Vice President Expectations

  • 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 organization 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 practices (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.

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.

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.

This is Barclays Prague

Prague is unique in the Barclays world, in the tech sector, in investment banking, and in the Czech Republic. Here, around 1500 tech professionals take on complex challenges that have an impact on a global scale. It’s an exceptional place to build your career, expand your skills and explore new technology.

We solve the trickiest problems, work on the fastest networks and use the very latest tech. It’s work with real challenge and impact.

Here, you can explore different roles, tech stacks and career paths, creating opportunities for mobility, specialisation and growth.

We are made up from around 70 different nationalities. So diversity and inclusion are fundamental to every team and every project

We’re a close team, and we enjoy socialising as much as we love our work. We make a real effort to make Prague feel like home.

This is Barclays Prague

Prague is unique in the Barclays world, in the tech sector, in investment banking, and in the Czech Republic. Here, around 1500 tech professionals take on complex challenges that have an impact on a global scale. It’s an exceptional place to build your career, expand your skills and explore new technology.

A tech-first centre of excellence

We solve the trickiest problems, work on the fastest networks and use the very latest tech. It’s work with real challenge and impact.

A world of opportunities

Here, you can explore different roles, tech stacks and career paths, creating opportunities for mobility, specialisation and growth.

A diverse and inclusive team

We are made up from around 70 different nationalities. So diversity and inclusion are fundamental to every team and every project

Working together, playing together

We’re a close team, and we enjoy socialising as much as we love our work. We make a real effort to make Prague feel like home.

Be you. Be valued. Belong.

We celebrate the unique perspectives and experiences each individual brings, believing our differences make us stronger and drive success. Our colleague networks offer connection, support, and growth, while our "This is Me" series shares the unique stories of our colleagues. Committed to diversity, equity, and inclusion, Barclays values you for who you are and ensures you truly belong.

You can learn more about our commitment to our colleague on our DE&I 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
Barclays

Working flexibly

We’re committed to providing an inclusive culture and environment, that recognises and supports ways to balance your personal needs, alongside the professionaC8l 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.

Hybrid working: 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 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

Related content

Related Jobs


Senior AWS Developer

Prague (Czechia)

30 Jul
Java Engineering Lead

Prague (Czechia)

30 Jul
Low-latency C++ Developer

Prague (Czechia)

26 Jul
Quants Infrastructure Developer

Prague (Czechia)

16 Sep
C#/F# Software Engineer

Prague (Czechia)

11 Sep
AVP - Global Markets

Prague (Czechia)

26 Aug
Algo Java Developer

Prague (Czechia)

29 Aug
Senior Algo Java Developer

Prague (Czechia)

28 Aug
Senior Java Developer

Prague (Czechia)

31 Jul
Assistant VP - Global Markets

Prague (Czechia)

15 Aug