Barclays
QRM Modeller
Location: Northampton, Hybrid
Length: 6 Months
PAYE only
Overall purpose of the role
As a QRM Modeller, you will act as a bridge between Asset & Liability Management (ALM) and Technology, leveraging a strong understanding of ALM and Risk Management practices with technical expertise in the QRM system. You will implement model changes, analyze source data, and provide insightful reporting on ALM-related risks.
Key Accountabilities
Collaborate with Project and Delivery Managers, Operations teams, and key stakeholders to define and implement development requirements in QRM.
Modify and enhance the QRM model while adhering to Barclays’ development, change, and release management standards.
Conduct testing and validation of model changes, ensuring alignment with stakeholder expectations.
Develop a deep understanding of the QRM model and proactively identify improvement opportunities.
Analyse development requirements and determine the best way to implement them within QRM.
Evaluate potential changes across data, staging, modelling, and reporting components, ensuring compliance with Barclays’ standards and policies.
You will work closely with a range of stakeholders, including:
1st Line Treasury and ALM Risk Management teams
2nd Line Risk and Non-Traded Market Risk teams
Model Execution (Operations) teams
Key Skills:
Hands-on experience with QRM models and the ability to implement complex changes.
Strong knowledge of Interest Rate Risk in the Banking Book (IRRBB), ALM hedging, Funds Transfer Pricing (FTP), and Model Risk.
Understanding of banking products and services, associated risks, and mitigation strategies.
Self-motivated with the ability to work independently and collaboratively in high-pressure environments.
Knowledge of risk management activities within Treasury and Balance Sheet Management functions.
Strong numerical and analytical skills with the ability to grasp complex concepts quickly.
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.