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Barclays

Quantitative Analyst

Job · Full-timeHybridMumbai, Maharashtra0–2 years79K/mo4 openingsImmediate / as per notice period

About this role

Barclays is hiring a Quantitative Analyst in Mumbai. This is a full-time, permanent role with real ownership from the first quarter — you will be given work that ships, reviewed by people who know the craft, and the context to understand why it matters. About the role This Quantitative Analyst…

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Skills you'll use

PythonStatisticsSQLFinancial Markets BasicsTime Series AnalysisBacktestingExcelProbabilityModel ValidationReport Writing

What you'll do

  • Build and backtest quantitative models on historical data
  • Validate assumptions and document model limitations
  • Automate data pulls and model runs
  • Present results with confidence intervals, not point claims
  • Support risk and compliance reviews of models
  • Flag risks and blockers early rather than at the deadline
  • Keep your tracker and status honest, including when something has slipped

Who can apply

  • B.E./B.Tech, BCA/MCA, B.Sc/M.Sc (Statistics / Mathematics) or MBA (Analytics) from a recognised university
  • 0–2 years of relevant experience — internships, academic projects and personal work all count, and 2026 graduates are welcome
  • Working knowledge of Python, Statistics, SQL
  • Comfort with Python, SQL and market data systems, and the ability to pick up an unfamiliar tool without waiting to be taught it
  • The judgement to know when a problem is yours to solve and when it needs escalating — and to escalate with the relevant detail attached.
  • Attention to detail, ownership and the discipline to document your work
  • Based in Mumbai, Maharashtra or willing to relocate

Perks & benefits

Internal knowledge sessions and access to senior reviewersClear, written progression criteria rather than an annual surpriseEmployee referral and performance bonus schemesTeam offsites and regular in-person timeSupport for internal mobility across teamsFixed monthly salary, paid on timeStructured onboarding with a named mentor for the first 90 daysHealth insurance cover for you (and family cover on confirmation)

Interview & selection process

4 rounds — typical selection flow for this role:

  1. 1Resume screening and profile shortlisting by the talent acquisition team
  2. 2Team fit conversation with two or three future colleagues
  3. 3Final discussion covering role expectations, compensation and start date
  4. 4HR discussion — compensation, notice period, joining date and offer roll-out

About Barclays

Barclays operates in the banking sector and runs an active team in Mumbai. It is a working employer with real customers and real deadlines — the role advertised here exists because there is work that needs doing, not to fill a headcount plan. Industry and what the company does Barclays works in…
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