Senior Quantitative Analyst – FX Options Electronic Pricing & Automation, Director

Citi; Greater London; Hybrid; GBP 120,000 - 190,000; Full time

Benefits offered by this job

Hybrid work arrangement

Job summary

Citi is seeking a Senior Quantitative Analyst to shape electronic pricing and automation within its FX Options business. You will own the full lifecycle from design to production deployment, validation, and adoption in a fast-paced, front-office environment.

You will build production-grade analytics using C++, Python, and kdb, collaborate with traders and tech teams, and ensure governance and risk controls across the model lifecycle. Hybrid work supports collaboration and delivery.

Qualifications

• Significant experience delivering automated electronic pricing within FX Options or similar derivatives.
• Production-grade software design and implementation in C++ and Python.
• Strong statistics and probability knowledge for risk and pricing.
• Experience managing full quantitative change lifecycle including deployment and governance.
• Ability to communicate across traders, quants, and technology/control functions.
• Master's degree in a quantitative discipline.

Responsibilities

• Design and build analytics libraries for pricing and risk in FX Options.
• Maintain production electronic pricing, risk management and automation capabilities.
• Deploy and support production quantitative systems across the lifecycle.
• Collaborate with traders, structurers, quants and tech teams to translate requirements.
• Ensure governance, model validation and regulatory controls across implementations.

Skills

Automated pricing delivery

Production software development

Quantitative analysis & statistics

Cross-functional collaboration

Front-office trading domain knowledge

Education

Master's degree in quantitative discipline

Tools

C++

Python

kdb

SQL

Job description

Citi is hiring a Senior Quantitative Analyst to help shape the next generation of electronic pricing and automation capabilities within its FX Options business. This is a high-impact individual contributor role where you will own the full lifecycle of quantitative change - from design and implementation through to production deployment, validation, and ongoing business adoption. If you have delivered production-grade quantitative systems in fast-paced front-office environments and are ready to bring fresh approaches to one of the world's leading global banks, this role offers genuine scope to make a lasting mark.

Responsibilities

• Design and build analytics libraries that power pricing and risk management for the FX Options trading business, directly supporting electronic pricing and automation workflows.
• Implement, maintain and enhance production electronic pricing, risk management and automation capabilities across the FX Options business, applying appropriate quantitative techniques where required.
• Create, deploy, and maintain production quantitative systems across the full change lifecycle, covering design, implementation, testing, validation, deployment, business adoption, and ongoing support.
• Build and optimise production quantitative systems and models using a broad technical toolkit including C++, Python, kdb, and SQL, applying object-oriented software design principles where appropriate.
• Work directly with traders, structurers, quantitative analysts, and technology teams to translate business requirements into robust, production-ready solutions that meet both performance and governance standards.
• Manage pricing controls, pricing parameter management, and quantitative data management processes to ensure model integrity and operational reliability in live trading environments.
• Partner with model validation, risk, compliance, legal, and finance functions to maintain appropriate governance frameworks and ensure solutions meet regulatory and control requirements.

Required qualifications & skills

• Significant experience delivering automated electronic pricing, options pricing or related front-office trading platform initiatives within FX Options or a comparable derivatives business, with a demonstrable track record of successful production deployment, business adoption and measurable business impact.
• Demonstrated ability to design and implement production software in modern C++ and Python, including object-oriented design principles and production-quality development practices.
• Applied knowledge of statistics and probability, including the use of probability theory to evaluate complex financial instrument risk, solve analytical equations, and design numerical schemes for complex contract analysis.
• Experience managing or contributing to the full quantitative change lifecycle, including production deployment, business adoption, model governance, and ongoing system support.
• Ability to work across technical, trading, and control functions simultaneously, translating quantitative concepts into clear, actionable outcomes for varied audiences.
• Master's degree in a quantitative discipline such as mathematics, physics, computer science, or engineering.

Beneficial skills & qualifications

• Experience in electronic pricing, algorithmic pricing, pricing automation, market making, or options automation within a front-office trading environment.
• Familiarity with FX Options pricing, risk management, or structured product workflows, or an adjacent quantitative discipline where comparable techniques have been applied.
• Exposure to pricing controls, pricing parameter management, quantitative data management, or model governance frameworks in a production setting.
• Proficiency in additional languages or tools from the following set: Python, Java, kdb, or hardware-accelerated computing.

What we offer

• Direct ownership of quantitative systems that operate in live production front-office environments, with real and visible impact on trading outcomes.
• Exposure to a broad set of quantitative disciplines and the opportunity to bring new ideas and techniques that are less common in traditional FX Options teams.
• Collaboration with experienced traders, quantitative analysts, technologists, and model validation professionals across a globally connected team.
• Hybrid working arrangement with 3 days in the office and 2 days working remotely, providing a structured balance between collaboration and focused delivery.
• Access to Citi's global scale, infrastructure, and resources, enabling delivery of complex quantitative capabilities at an institutional level.
• A performance-driven environment that rewards technical excellence, delivery ownership, and the ability to operate across the full quantitative change lifecycle.
• Support for ongoing professional development, including access to learning resources and exposure to evolving quantitative methods, market structure, and technology.

Job Family Group

Institutional Trading

Job Family

Quantitative Analysis

Time Type

Full time

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