Quantitative Analyst - FX Algo Quant

Aplaro Ltd; Greater London; Hybrid; GBP 110,000 - 170,000; Full time

Benefits offered by this job

Hybrid work model

Private medical insurance

Pension Plan

Annual bonus

Job summary

Citi London seeks a Quantitative Analyst for the FX Algo Quant team focusing on FX Swaps and curve construction. You will build models to price and risk manage Linear FX products, collaborating with Traders and tech teams.

The role demands strong programming skills (Python/Java/SQL or q), market data experience, and robust communication. Hybrid work up to 2 days home, with competitive base salary and benefits.

Qualifications

• Relevant experience in a comparable quantitative modelling or analytics role.
• Must have technical/programming skills.
• Preferably use of Python, Java, SQL and/or q.
• Exposure to Market Data; Statistics and Probability based calculations; Design numerical schemes.
• Must possess knowledge of Investments and Quantitative Methods.
• Clear and concise written and verbal communication skills.

Responsibilities

• Create, implement, and support quantitative models for the trading business using advanced methods and tools.
• Collaborate closely with Traders and technology professionals.
• Work with control functions to ensure governance and control infrastructure.
• Build a culture of responsible finance, governance, ethics, and expense discipline.
• Assess risk/reward of transactions and ensure awareness of firm reputation.
• Adhere to Citi’s Code of Conduct and governance policies; ensure others comply.
• Obtain and maintain registrations/licenses required for the role.

Skills

Quantitative modelling

Programming

Python

Java

SQL

kdb

Statistics & probability

Communication

Tools

Python

Java

SQL

kdb

Job description

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team/Role Overview

The Quantitative Analyst will join the FX Algo Quant team with a focus on FX Swaps and curve construction. This team is responsible for creating and improving models that allow us to automatically price and risk manage Linear FX products. The analyst is a strategic professional who stays abreast of developments within this field and contributes to the strategy by considering their application in own job and the business. There is a direct connection between the work delivered and the revenue that the businesses generate so therefore requires a good commercial awareness. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular our trading colleagues. Expected to have a basic understanding of technology architectural principles as there is a close relationship with the development teams in order to deliver the models and to ensure that they perform.

What you’ll do

• Create, implement, and support quantitative models for the trading business leveraging a wide variety of mathematical and computer science methods and tools including hardware acceleration, advanced calculus, Java, Python, kdb, Structured Query Language (SQL), mathematical finance/programming and statistics and probability
• Collaborate closely with Traders and technology professionals.
• Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance in order to ensure appropriate governance and control infrastructure
• Build a culture of responsible finance, good governance and supervision, expense discipline and ethics
• Appropriately assess risk/reward of transactions when making business decisions; and ensure that all team members understand the need to do the same, demonstrating proper consideration for the firm’s reputation.
• Be familiar with and adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services; and ensure that all team members understand the need to do the same
• Adhere to all policies and procedures as defined by your role which will be communicated to you
• Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

What we’ll need from you

• Relevant experience in a comparable quantitative modelling or analytics role, ideally in the financial sector
• Must have technical/programming skills.
• Preferably use of Python, Java, SQL and/or q.
• Exposure to Market Data; Statistics and Probability based calculations; Using probability theory to evaluate the market behaviour, solve analytical equations and design numerical schemes to create pricing and risk models.
• Must also possess any level of product knowledge, Investments and Quantitative Methods
• Consistently demonstrates clear and concise written and verbal communication skills

What we can offer you

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well. By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
• A discretional annual performance related bonus
• Private medical insurance packages to suit your personal circumstances
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.