Barclays

FX Derivatives Quant

Barclays

New York, NY, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a highly skilled and driven individual with a passion for quantitative finance? Do you have a strong understanding of FX derivatives and risk management? If so, we have an exciting opportunity for you to join our team at Barclays as an FX Derivatives Quant.As an FX Derivatives Quant at Barclays, you will use your expertise in quantitative analysis to develop and implement pricing models for FX derivatives products. You will work closely with traders, risk managers, and other stakeholders to assess and mitigate risk in our FX derivatives portfolio.To succeed in this role, you should have a degree in a quantitative field such as mathematics, finance, or engineering, and at least 3 years of experience in a similar role. You should also have strong programming skills, particularly in languages such as Python or C++, and a deep understanding of financial markets and products.If you are a self-motivated individual with a keen eye for detail and a desire to continuously learn and improve, we want to hear from you. Join us at Barclays and be part of a dynamic team driving innovation and success in the world of FX derivatives.

  1. Develop and implement pricing models for FX derivatives products.
  2. Use quantitative analysis to assess and mitigate risk in the FX derivatives portfolio.
  3. Collaborate with traders, risk managers, and other stakeholders to ensure a comprehensive understanding of market trends and risks.
  4. Stay up-to-date with industry developments and regulations related to FX derivatives and incorporate them into pricing models.
  5. Conduct research and analysis to identify new opportunities and improve existing products.
  6. Manage and maintain databases and other tools necessary for quantitative analysis.
  7. Utilize programming skills, particularly in Python or C++, to build and improve pricing models.
  8. Communicate complex quantitative concepts and results to non-technical stakeholders.
  9. Continuously monitor and improve the performance of pricing models.
  10. Work with cross-functional teams to implement new products and strategies.
  11. Provide support and guidance to junior team members.
  12. Contribute to a culture of continuous learning and improvement within the team.
  13. Adhere to industry regulations and internal policies and procedures.
  14. Collaborate with other teams within the organization to drive innovation and success in the FX derivatives market.
  15. Uphold the values and standards of Barclays in all interactions both internally and externally.
Where is this job?
This job is located at New York, NY, USA
Job Qualifications
  • Advanced Degree In Mathematics, Statistics, Or Financial Engineering: A Strong Background In Quantitative Fields Is Essential For A Fx Derivatives Quant Job At Barclays. A Master's Degree Or Phd In A Related Field Is Highly Preferred.

  • Proficiency In Programming Languages: Candidates Must Be Proficient In Programming Languages Such As C++, Python, And R. This Is Necessary For Building And Maintaining Complex Financial Models And Algorithms.

  • Extensive Knowledge Of Financial Derivatives: A Deep Understanding Of Financial Derivatives, Specifically In The Foreign Exchange Market, Is A Must For This Role. Candidates Should Have A Strong Grasp Of Pricing Models, Risk Management, And Hedging Strategies.

  • Strong Analytical And Problem-Solving Skills: Being Able To Analyze Large Sets Of Data And Identify Patterns And Trends Is Crucial For Success In This Role. Candidates Must Also Have Strong Problem-Solving Skills To Develop Innovative Solutions To Complex Financial Problems.

  • Experience In A Quantitative Role: Previous Experience In A Quantitative Role At A Financial Institution, Preferably In The Fx Derivatives Space, Is Highly Desirable. This Demonstrates An Understanding Of The Industry And The Ability To Apply Quantitative Skills In A Practical Setting.

Required Skills
  • Quantitative Research

  • statistical analysis

  • Risk Analysis

  • Market analysis

  • Programming skills

  • Monte Carlo simulation

  • Mathematical modeling

  • Time series

  • Derivatives Pricing

  • Financial Engineering

  • Stochastic Calculus

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Problem Solving

  • Time management

  • creativity

  • Organization

  • Teamwork

  • Adaptability

  • Empathy

Compensation

According to JobzMall, the average salary range for a FX Derivatives Quant in New York, NY, USA is between $165,000 and $250,000 per year. This range can vary depending on the individual's level of experience, education, and the specific company they are working for. Additionally, bonuses and other benefits may also be included in their overall compensation package.

Additional Information
Barclays is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedApril 1st, 2025
Apply BeforeJuly 20th, 2025
This job posting is from a verified source. 

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About Barclays

Barclays plc is a British multinational investment bank and financial services company, headquartered in London. Apart from investment banking, Barclays is organised into four core businesses: personal banking, corporate banking, wealth management, and investment management.

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