Front Office Quantitative Developer

Location: London

Length: 6 Months 

PAYE only

Overall purpose of the role

We are seeking a Front Office Quantitative Developer to join our dynamic team based in London. This role involves operating at the forefront of financial markets, directly contributing to the review, testing, and development of advanced pricing models used across the organization. The successful candidate will play a key role in ensuring the robustness and efficiency of these critical systems in a fast-paced environment.

Key Accountabilities:

• Conduct model reviews and create functional tests for pricing models, ensuring accuracy and performance.

• Analyse issues within existing pricing models and implement bug fixes.

• Generate performance reports to identify areas for improvement.

• Collaborate with cross-functional teams to automate manual processes and improve development workflows.

• Develop and maintain a library of tests for various financial instruments, with an emphasis on structured products.

• Implement DevOps practices and ensure consistent processes for model validation and deployment.

• Work with C++ and Python to modify, test, and improve existing libraries and systems.

• Manage version control and collaborate using tools like GitHub, SVN, or Perforce.

Key Skills:

• Strong coding and programming skills in Python and C++

• Extensive experience in a Quantitative Development or similar role within a front-office environment

• Hands-on experience with pricing models, including reviewing, testing, and analyzing issues.

• Familiarity with database management and schema design

• Experience in version control and collaborative development tools (e.g., GitHub).

• A deep understanding of model integrations and quantitative systems

• Exposure to multiple asset classes and pricing libraries.

About Barclays

Barclays is a British universal bank. It is diversified by business, by different types of customers and clients, and by geography. Barclays businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by its service company which provides technology, operations and functional services across the Group.

Values

Everything Barclays does is shaped by its five values of Respect, Integrity, Service, Excellence and Stewardship. The Barclays values inform the foundations of its relationships with customers and clients, but they also shape how Barclays measures and rewards the performance of colleagues. Simply put, success is not just about what you achieve, but about how you achieve it.

Diversity

Barclays aims to foster a culture where individuals of all backgrounds feel confident in bringing their whole selves to work, feel included and their talents are nurtured, empowering them to contribute fully to Barclays vision and goals.

Hybrid Working

Barclays is currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. Barclays is flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. Barclays also has a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances

Your Benefits

As a contract employee of Randstad Sourceright, you’ll receive a wide range of financial and personal benefits. There’s enrolment in a pension plan (after 12 weeks on assignment) and holiday pay. You’ll also get 24/7 access to an Employee Assistance Programme, designed to help you deal with any problems that could be affecting your home or work life. Plus, there’s discounts at heaps of high street shops, restaurants and entertainment - from Asda to Zizzi Italian restaurants.