Hybrid-Remote Quant Analyst - Equity Derivatives

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

Benefits offered by this job

Hybrid work model

Job summary

Citigroup Inc. is seeking a Quantitative Analyst to join the Markets Quantitative Analytics team in North America.

You will build and deploy analytics, models, and tools for flow equity derivatives across index, single stock, and convertible bond desks, working at the interface of quantitative research and live trading. The role emphasizes real-time pricing, risk management, and collaboration with traders and technology teams, with a hybrid work arrangement in New York.

Qualifications

• Up to 3 years of experience in a quantitative modelling or analytics role, or an equivalent strong academic background.
• 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.

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 speed and consistency of trading desk 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.

Skills

Python

C++

Machine Learning

Time-series modelling

Statistical modelling

Numerical optimization

Quantitative finance

Communication skills

Education

Master's degree in quantitative field

Job description

Citigroup Inc. is seeking a Quantitative Analyst to join the Markets Quantitative Analytics team in North America.

You will build and deploy analytics, models, and tools for flow equity derivatives across index, single stock, and convertible bond desks, working at the interface of quantitative research and live trading. The role emphasizes real-time pricing, risk management, and collaboration with traders and technology teams, with a hybrid work arrangement in New York.