Rates Market-Making Quant: Automate & Optimize

Citi; Greater London; On-site; GBP 120,000 - 180,000; Full time

Job summary

Citi in London seeks a Quantitative Analyst to develop automated market-making models and data-driven trading tools for the rates business. You will improve infrastructure and collaborate with Traders, technology, and data specialists to optimize pricing, hedging, and trade analysis.

The role requires extensive programming experience and a strong grasp of modern markets, statistics, and governance. You will work across multi-language stacks and align with Firm risk and compliance standards.

Qualifications

• Extensive experience in the algorithmic trading space.
• Extensive programming experience across multiple languages.
• Technical proficiency in Rust, C++, Java, KDB, Python and SQL.
• Experience with messaging/data serialization, market data processing, latency optimization, testing and deployment.

Responsibilities

• Implement electronic market-making models (hedging algorithms, bid-offer models, price predictors, automated pricing models) using Java, KDB and Python.
• Develop data-driven tools for trade recommendations and trading activity analysis.
• Optimize and streamline the technology stack for pricing, hedging and trading analysis including live pricing and backtesting.
• Stay abreast of new tech and coordinate migrations from legacy systems.
• Collaborate with Traders, technology professionals and data specialists.
• Work with Legal, Compliance, Market Data and risk teams to ensure governance.

Skills

Algorithmic trading

Programming experience

Communication skills

Education

Master’s degree preferred

Tools

Rust

C++

Java

KDB

Python

SQL

Job description

Citi in London seeks a Quantitative Analyst to develop automated market-making models and data-driven trading tools for the rates business. You will improve infrastructure and collaborate with Traders, technology, and data specialists to optimize pricing, hedging, and trade analysis.

The role requires extensive programming experience and a strong grasp of modern markets, statistics, and governance. You will work across multi-language stacks and align with Firm risk and compliance standards.