Quantitative Analyst - FX Options

Citi; Greater London; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

Citi is seeking a Quantitative Analyst for its FX Options team. You will develop valuation models, pricing algorithms and perform data analysis in close collaboration with traders, structurers and sales.

The role involves working with control functions and delivering robust Python/C++ solutions within Citi’s global platform. The team offers exposure to international markets, high-impact pricing challenges and a hybrid work model with three days in the office and two remote, supporting career

Qualifications

• Strong background in quantitative modelling or analytics.
• Proficiency with Python and/or C++ for production code.
• Excellent written and verbal communication skills.

Responsibilities

• Develop and support valuation models and pricing algorithms for FX Options.
• Collaborate with traders, structurers, sales and tech to deliver solutions.
• Ensure governance and controls with Legal, Compliance, Risk, Audit, and Finance.
• Write robust, efficient Python/C++ code and document work.
• Coordinate projects across multiple teams and maintain clear communication.

Skills

Python

C++

Masters level Math/Science

Written & Verbal Communication

Ownership & Initiative

Education

Masters degree in quantitative field

Tools

Git

Job description

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in modelling, programming and communication to Citi’s FX Quantitative Analysis Team.

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

Citi’s FX Quantitative Analysis Team is responsible for supporting the FX Options business within Citi Markets with valuation models, pricing algorithms and data analysis. This is a wide-ranging role that will cover a broad range of projects and involve working with traders, structurers and salespeople, technology teams and control functions, as well as fellow Quantitative Analysts.

What You’ll Do

• Develop and support valuation models and pricing algorithms and perform data analysis for the FX Options business
• Work in close collaboration with trading, structuring, sales and technology to develop novel solutions for the business
• 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
• Write robust, clean and performant code in Python and C++
• Assist the team with documentation and written communication
• Assist in tracking and coordinating projects across multiple individuals and teams

What We’ll Need From You

• A good mathematical/sciences background to masters level
• Previous experience in a comparable quantitative modeling or analytics role
• programming skills, preferably in Python and C++
• Clear and concise written and verbal communication skills
• Strong organisational abilities and a proactive attitude, willing to show ownership

What We Offer

Join a team where your quantitative expertise directly shapes how Citi prices and manages risk across global FX Options markets.

• Work on complex, high-impact pricing and risk problems alongside experienced traders and quants.
• Collaborate with colleagues and teams across the globe, gaining exposure to Citi's international markets business
• Benefit from a hybrid working model with 3 days in the office and 2 days working remotely

Job Family Group

Institutional Trading

Job Family

Quantitative Analysis

Time Type

Full time

Most Relevant Skills

Please see the requirements listed above.

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