• Job Description

  Req#: 90387499

  Job Title : Macro Rates Trading Desk Analyst
  Location: Mumbai

  
  About Barclays
  Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our 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 our service company which provides technology, operations and functional services across the Group.

  
  Risk and Control Objective

  Take ownership for managing risk and strengthening controls in relation to the work you do

  
  Working Flexibly

  We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment 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. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager, and your request will be reviewed subject to business needs.

  
  Hybrid Working

  Onsite role:
  Colleagues who perform ‘onsite’ roles will spend four or five days a week working onsite, depending on the requirements of their role and business area. Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.

  
  Introduction:

  The candidate would be based out of Mumbai and working with the London and Paris rates trading team. The team makes markets in EUR & GBP swaps, inflation swaps, and Government & Inflation linked bonds. The role suits a self-motivated, highly energetic individual who has a strong background in mathematics or financial engineering. The role offers great opportunity to the candidate’s their knowledge of and exposure to interest rate, bond, spread metrics such as ASW, Box Spreads, and derivative products such as Swaps, FRAs and Bond Options. The candidate will be exposed to client flow and macro trades on a daily basis which gives the candidate a visibility on the overall macro outlook.

  The broad areas would be managing end-to-end EGB bond auctions including sales previews, trend analysis, estimating overbidding versus competitors and further building tools/insights that help the desk in optimizing P/L generation and aid design of trading strategies. They will also create customize reports on Trading metrics like risk taking, balance sheet limits, PnL reports and wider business metrics like capital efficiency, franchise performance which will help in understanding business / strategy performance and support design and fine tuning of strategies.

  
  What will you be doing?

  o Analysing and Explaining Risks and P&L of the trading books.
  o Utilizing data analysis techniques to analyse various strategies and their PnL impact.
  o Conducting Analysis for Trading desk related to risk taking, turnover, market making efficiency etc.
  o Conducting Analysis for Trading desk related to capital efficiency, client impact, hit ratios etc.
  o Optimizing and customizing traders’ price sheet upon request.
  o Ad-hoc data analysis project that deliver actionable insights to the desk.

  
  What we’re looking for:

  o Good understanding of interest rate products and financial markets including but not limited to swaps & FRAs
  o In depth knowledge in interest rate pricing
  o Strong Statistical, Time series and Data Analysis Skills
  o Good coding skills
  o Excellent communication skills (oral/written)

  Skills that will help you in the role:

  o Strong understanding of interest rate derivative products
  o Knowledge of Python/R

  Where will you be working?
  Mumbai
  
  
  
  Be More at Barclays
  At Barclays, each day is about being more – as a professional, and as a person. ‘Be More @ Barclays’ represents our core promise to all current and future employees. It’s the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.
  Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.

  
  Purpose, Values and Mindset
  We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term.

  
  Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.

  
  Respect
  We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution.
  Integrity
  We operate with honesty, transparency and fairness in all we do.
  Service
  We act with empathy and humility, putting the people and businesses we serve at the centre of what we do.
  Excellence
  We champion innovation, and use our energy, expertise and resources to make a positive difference.
  Stewardship
  We prize sustainability, and are passionate about leaving things better than we found them.
  Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive.
  Empower
  Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure.
  Challenge
  Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints.
  Drive
  Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done.

  
  

• About the company

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