Quantitative Analyst and Developer

Citi

New York (NY)

Hybrid

USD 26,000 - 52,000

Full time

10 days ago

Get more replies from employers

Send a job-specific resume in minutes.

Job summary

Citi’s Cash Equity Quant team in Mumbai seeks a Quantitative Analyst and Developer to contribute to cutting‑edge algorithmic trading strategies. You will work on implementation, research, and optimization of Execution Algorithms and related products for Citi’s institutional clients.

The role combines strong quantitative and software skills with opportunities to learn and grow in a fast‑paced global environment, collaborating with teams across New York, London, and Hong Kong.

Qualifications

  • Master’s or Bachelor’s degree in Finance, Mathematics, Engineering, Computer Science, or related field.
  • Extensive experience in a quantitative development and analysis role, ideally in finance.
  • Strong programming and software design skills in Java or C++.
  • Experience with Python or R for analytics is a plus.

Responsibilities

  • Improve algorithmic trading products with production‑quality code.
  • Implement ideas to enhance existing and new trading algorithms (e.g., VWAP, liquidity seeking).
  • Develop models and short‑term predictive signals for execution strategies.
  • Collaborate with Traders, Sales, and technology professionals to deliver robust components.
  • Assess risk/reward of trades and ensure governance and compliance in actions.

Skills

Java
C++
Python

Education

Master’s or Bachelor’s degree in Finance/Math/Engineering/CS

Tools

Q/KDB
Time series databases

Job description

Quantitative Analyst and Developer

Working at Citi is far more than just a job. A career with us means joining a team of approximately 219,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

Are you a highly skilled Quantitative Developer eager to contribute to cutting‑edge algorithmic trading strategies within a global financial institution? Citi's Cash Equity Quant team in Mumbai is seeking a talented individual to join its dynamic group. This role offers an exceptional opportunity to combine strong quantitative, technical, and soft skills to foster innovation and drive the development of best‑in‑class execution performance.

Team/Role Overview:

The Cash Equity Quant team, part of Citi Markets, is at the forefront of the research, design, implementation, and maintenance of Equities Execution Algorithms and related Trading Products for Citi’s institutional clients and internal trading desks. The Mumbai team operates within a fast‑paced environment and collaborates closely with quant teams in New York, London, and Hong Kong. This position offers a unique opportunity to be involved in challenging new initiatives, learn the latest developments in the Electronic Trading domain, and be a key part of Citi’s growing Equity Trading franchise.

What You'll Do:
  • Improve Algorithmic Trading products by performing both implementation and research work, with the objective of providing best‑in‑class execution performance.

  • Work on the implementation of ideas to enhance existing and develop new algorithms (e.g., VWAP, liquidity seeking), models (e.g., optimal schedule, market impact model), and short‑term predictive signals.

  • Implement algorithm enhancements and customizations with production‑quality code.

  • Apply best practices towards the development and testing of modular, reusable, and robust trading components and strategy code.

  • Collaborate closely with Traders, Sales, and technology professionals.

  • Contribute to building a culture of responsible finance, good governance and supervision, expense discipline, and ethics.

  • Appropriately assess risk/reward of transactions when making business decisions and ensure all team members understand the need to do the same, demonstrating proper consideration for the firm’s reputation.

  • Adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services, ensuring all team members understand and follow these guidelines.

  • Adhere to all policies and procedures as defined by your role and appropriately assess risk when business decisions are made, safeguarding Citigroup, its clients, and assets.

What We Can Offer You:

  • Innovation & Impact: Work in a fast‑paced environment as a member of a quant group responsible for research and development of cutting‑edge algorithmic trading strategies.

  • Challenging Initiatives: Be involved in challenging new initiatives, learn the latest developments in the Electronic Trading domain, and be part of Citi’s growing Equity Trading franchise.

  • Global Collaboration: Collaborate closely with quant teams in New York, London, and Hong Kong, contributing to a global effort.

  • Career Growth: This position offers the opportunity to combine strong quantitative, technical, and soft skills to foster innovation in a collaborative team culture, providing a clear path for professional development.

  • Comprehensive Benefits: As part of a leading global financial institution, you will receive a competitive compensation package and access to a wide array of learning and development resources.

What We Need From You:
  • Master’s or Bachelor’s degree in Finance, Mathematics, Engineering, Computer Science, or a related field.

  • Extensive experience in a comparable quantitative development and analysis role, ideally in the financial sector.

  • Strong programming and software design skills in Java or C++.

  • Analytical and quantitative skills, with experience using statistical programming languages such as Python or R (a plus).

  • Experience with Q/KDB or time series databases (a plus).

  • Experience working with algorithmic trading products is preferable.

  • Good communication skills, both verbal and written.

  • Ability to manage multiple tasks and projects effectively in a fast‑paced work environment.

If you are a highly motivated Quantitative Developer with strong programming skills and a passion for algorithmic trading, eager to contribute to a global team in Mumbai, we encourage you to apply.

Job Family Group:

Institutional Trading

Job Family:

Quantitative Analysis

Time Type:

Full time

Job Req Id:

26984785

Location(s):

Mumbai, Maharashtra, India

Job Type:

Hybrid

Posted:

Aug. 10, 2026

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.

Get your free, confidential resume review.
or drag and drop your file here.
Similar jobs

Similar jobs worth comparing

Quantitative Analyst / Developer - Multi-Desk & Low-Latency Electronic Execution
Quantitative Analyst / Developer - Multi-Desk & Low-Latency Electronic Execution

Citi • New York (NY)

Hybrid
USD 122,000 - 162,000
Quantitative Analyst - AI & Next-Gen Algorithmic Trading Platforms
Quantitative Analyst - AI & Next-Gen Algorithmic Trading Platforms

Citi • New York (NY)

Hybrid
USD 150,000 - 230,000
Hybrid work environment
Medical coverage
Parental leave
+1
Quantitative Developer: Global Equity Algorithms
Quantitative Developer: Global Equity Algorithms

Citi • New York (NY)

Hybrid
USD 26,000 - 52,000
Quantitative Analyst -Cash Equity Algorithmic Trading - Director
Quantitative Analyst -Cash Equity Algorithmic Trading - Director

Citi • New York (NY)

Hybrid
USD 180,000 - 280,000
Hybrid work model
Wellness benefits
Career development programs
Equities Algorithmic Trading Quantitative Analyst, MQA – VP
Equities Algorithmic Trading Quantitative Analyst, MQA – VP

Citi • New York (NY)

On-site
USD 175,000 - 250,000
Medical, dental & vision coverage
401(k) retirement plan
Paid time off packages
Equities Algorithmic Trading Quantitative Analyst, MQA – VP
Equities Algorithmic Trading Quantitative Analyst, MQA – VP

Citigroup Inc. • New York (NY)

On-site
USD 175,000 - 250,000
Medical, dental & vision coverage
401(k)
Paid time off
Quantitative Analyst, Equities Algorithmic Trading, VP
Quantitative Analyst, Equities Algorithmic Trading, VP

Citi • New York (NY)

Hybrid
USD 175,000 - 250,000
Quantitative Analyst, Equities Algorithmic Trading, VP
Quantitative Analyst, Equities Algorithmic Trading, VP

Citigroup Inc. • New York (NY)

On-site
USD 175,000 - 250,000
Medical, dental, vision coverage
401(k)
Life and disability insurance
+1
Algorithmic Execution Quant (Equities), Director
Algorithmic Execution Quant (Equities), Director

Citi • New York (NY)

Hybrid
USD 130,000 - 180,000
Competitive compensation package
Opportunities for continuous learning
Supportive work environment
Quantitative Analyst, Vice President
Quantitative Analyst, Vice President

Citi • New York (NY)

Hybrid
USD 120,000 - 160,000
Generous holiday allowance starting at 27 days plus bank holidays
Discretionary annual performance-related bonus
Private medical insurance packages
+2