Rates Strats VP

We are seeking an experienced Rates Strats VP to join our Mumbai team, supporting critical trading desk initiatives across risk analytics, portfolio optimisation, compression and rates derivatives structuring. This role combines quantitative analysis, technology, product expertise and leadership to deliver high-impact solutions for the global Macro business.

The role will also require strong leadership of the Mumbai Rates Strats/Structuring team, close partnership with onshore stakeholders, and hands-on involvement in the analysis, pricing and lifecycle management of rates derivatives and structured solutions. This is a high-visibility role with direct exposure to Trading, Sales, Structuring, Strats, Quants and Technology leadership.

The role suits a self-motivated, highly energetic individual with a strong interest in rates markets, derivatives, mathematics and coding. The candidate should be comfortable operating as a technical lead and trusted partner to the business, with the ability to guide junior team members, shape delivery priorities and deepen the team’s expertise across linear and structured rates products.

Key Accountabilities

·         Lead a team of Rates Strats/Structuring colleagues in Mumbai, setting delivery priorities, providing technical guidance and ensuring high standards of execution

·         Act as a senior escalation point for complex analytical, operational and delivery issues, coordinating across Trading, Structuring, Quants, Technology and Operations to drive timely resolution

·         Partner with onshore Structuring and Trading teams to translate business requirements into scalable analytics, dashboards and tooling that support pricing, risk management and client solutioning

·         Understand the Risk system architecture, along with Trading desk Risk mgmt requirements / processes.

·         Develop trading view dashboards with enhanced PnL attribution, risk bucketing and risk aggregation

·         Trade capture, risk analysis and capital optimization

·         Work with the compression team to understand existing processes and innovate new ones

·         Work closely with colleagues in Trading, Sales, Structuring, Tech, Quants and middle office on strategic and ad-hoc projects, providing leadership, product expertise and delivery discipline

·         Adherence to control processes around trade booking, verification and reconciliation

Stakeholder Management

The candidate will interact directly and frequently with onshore Trading, Sales, Structuring, Quants, Technology and Operations teams, acting as a trusted senior partner for delivery, prioritisation and issue resolution. The role requires the ability to influence stakeholders, communicate complex derivative and risk concepts clearly, and provide day-to-day leadership to the Mumbai team.

 

Decision-making and Problem Solving

·         The candidate will need to be highly proactive in identifying issues and getting them resolved by liaising with various stakeholders

·         The candidate will be expected to exercise sound judgement in prioritising competing business requests, balancing tactical delivery with strategic platform development

·         The candidate should be able to guide junior colleagues through complex product, risk and technology problems while maintaining strong control discipline

·         The candidate will need to work on several time-sensitive activities and is therefore required to be meticulous and efficient

·         The candidate should have an excellent eye for detail and should ensure that he/she meets a zero-error tolerance requirement as most output forms a critical input for business decision making

Risk and Control Objective

The candidate will need to ensure that all activities and duties are carried out in full compliance with regulatory requirements, the Enterprise Wide Risk Management Framework and internal Barclays Policies and Standards.

 

Person Specification

Essential Skills/Basic Qualifications:

·         Bachelor's or, master's degree in mathematics, Engineering, Computer Science, Physics, Finance, or related quantitative field

·         Strong academic record demonstrating analytical and problem-solving capabilities

·         Minimum 5-6 years in investment banking, preferably in Rates Trading, Structuring, Strats, Quant or Risk roles, with demonstrable exposure to derivatives pricing, risk analytics or structured product delivery

·         Experience supporting structuring or trading desks through pricing analysis, risk decomposition, scenario analysis, lifecycle management or client solution analytics

·         Understanding of trading desk operations and risk management processes

·         Advanced proficiency in Python (data analysis libraries)

·         Experience with API development and integrations

·         Excellent communication skills (oral/written)

·         Ability to prioritize and manage large projects and take full ownership of assigned tasks

·         Proven ability to lead workstreams or small teams, mentor junior colleagues and manage delivery across multiple stakeholders

·         Aptitude for self-learning

 

Desirable skills/Preferred Qualifications:

·         Experience with compression or, portfolio optimization

·         Prior experience in rates structuring, derivatives strategy, portfolio risk optimisation or front-office analytics delivery

·         Experience with building user interfaces / dashboards using Dash (Python) and React

·         CFA, FRM or, equivalent professional certification

This role will be based out of NKP in Mumbai.