AVP Quantitative Analyst – Flow Equity Derivatives

Citi; New York (NY); Hybrid; USD 109,120 - 163,680; Full time

Benefits offered by this job

Hybrid work model (3 days in office, 2

Career development opportunities

Access to MQA Connect

Job summary

Citi is seeking a Quantitative Analyst to join the Markets Quantitative Analytics team in North America, focusing on Flow Equity Derivatives across Index, Single Stock, and Convertible Bond desks. You will build and deploy analytics and models at the intersection of research and live trading, directly influencing pricing, quotes, and hedging in real time.

Responsibilities include developing real-time pricing libraries, volatility modeling, auto-quoting, and robo-hedging, while applying ML and

Qualifications

• Up to 3 years of experience in a quantitative modelling or analytics role or a strong quantitative academic background.
• Proficiency in Python to build and deliver quantitative models in a structured development environment.
• C++ programming for performance-sensitive quantitative work.
• Knowledge of mathematical finance for options and derivatives pricing.

Responsibilities

• Build quantitative libraries and analytics tools for real-time pricing and risk management of flow equity derivatives.
• Develop and maintain models for volatility surface, event prediction, and options bid-offer/dividend fitting algorithms.
• Design auto-quoting and robo-hedging strategies to improve desk execution speed and consistency.
• Apply machine learning techniques, including reinforcement learning, to solve quantitative problems.
• Collaborate with traders and tech teams to translate business requirements into production-ready solutions.
• Adhere to software development standards across the model development lifecycle from research to deployment.
• Coordinate with Legal/Compliance/Risk/Audit/Finance to meet governance and control requirements.

Skills

Python

C++

Mathematical finance

Statistics

Machine learning

Time-series modelling

Communication

Education

Master's degree in Mathematics/Physics/Engineering/CS

Job description

Citi is looking for a Quantitative Analyst to join the Markets Quantitative Analytics team, building and deploying cutting-edge analytics, models, and tools for the Flow Equity Derivatives business across Index, Single Stock, and Convertible Bond desks in North America. In this role, you will work at the intersection of quantitative research and live trading, developing solutions that directly shape how Citi prices, quotes, and hedges equity derivatives in real time. If you are driven by innovation and want to see your work make an immediate impact on a high-performance trading desk, this is the opportunity for you.

Responsibilities

• Build quantitative libraries and analytics tools that support real-time pricing and risk management for flow equity derivatives products.
• Develop and maintain models for volatility surface construction, volatility event prediction, and options bid-offer and dividend fitting algorithms.
• Design and implement auto-quoting and robo-hedging strategies that improve the speed and consistency of the trading desk's execution.
• Apply machine learning techniques, including reinforcement learning, statistical modelling, and numerical optimization to solve complex quantitative problems.
• Collaborate directly with traders and technology teams to translate business requirements into robust, production-ready quantitative solutions.
• Adhere to rigorous software development standards across the full model development lifecycle, from research and validation through to deployment of approved models in production.
• Partner with Legal, Compliance, Risk, Audit, and Finance functions to ensure models meet governance and control requirements.

Required Qualifications & Skills

• Up to 3 years of experience in a quantitative modelling or analytics role, or an equivalent strong academic background in a quantitative discipline.
• Proficiency in Python, used to build and deliver quantitative models and analytics in a structured development environment.
• Programming skills in C++, applied to performance-sensitive quantitative work.
• Working knowledge of mathematical finance, including the ability to implement and interpret models for options and derivatives pricing.
• Practical ability to apply statistical and machine learning techniques to data analysis and time-series modelling problems.
• Familiarity with numerical methods and optimization, applied to model calibration or algorithm design.
• Foundational knowledge of flow equity derivatives products, including American and European options, Variance Swaps, and VIX Futures and Options.
• Clear and effective communication skills, with the ability to articulate quantitative concepts to traders, technologists, and control functions.

Beneficial Skills & Qualifications

• A Master's degree in Mathematics, Physics, Engineering, Computer Science, or a related quantitative field.
• Hands-on experience applying reinforcement learning techniques to quantitative finance or trading strategy problems.
• Familiarity with software design principles and best practices, particularly in the context of building maintainable quantitative libraries.

What We Offer

• Direct collaboration with trading professionals on the Index, Single Stock, and Convertible Bond desks, giving your work immediate real-world context and impact.
• Access to MQA Connect, a community and programme focused on professional development, knowledge sharing, and career growth within the quantitative analytics function.
• Exposure to the full model development lifecycle in a highly regulated environment, building expertise that is directly transferable across quantitative finance roles.
• Hybrid working model with 3 days in the office and 2 days working remotely, providing flexibility while maintaining strong desk-level collaboration.
• A defined path for technical and career development within a global markets organisation, with access to mentorship and cross-functional learning opportunities.
• A role that grows with you, offering increasing scope and responsibility as you develop expertise in equity derivatives quantitative analysis.

Primary Location: New York New York United States

Time Type: Full time

Primary Location Full Time Salary Range: $109 120,00 - $163 680,00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.

Anticipated Posting Close Date: ago 21, 2026