Quantitative Analyst - FX Algo Quant team

Citi; New York (NY); On-site; USD 175,000 - 250,000; Full time

Job summary

Citi is seeking a Quantitative Analyst for the FX Algo Quant team in New York. The analyst will focus on FX Swaps, enhancing models for pricing and risk management of Linear FX products. Responsibilities include collaborating with traders, adhering to policies, and demonstrating strong analytical, communication, and technical skills. A Bachelor's or Master's degree is preferred with 6-10 years of experience in relevant quantitative roles.

Benefits

Medical, dental, and vision coverage

401(k) Plan

Life, accident, and disability insurance

Wellness programs

Paid time off packages

Qualifications

• 6-10 years of experience in quantitative modeling.
• Must have technical skills in Python, Java, and SQL.
• Clear communication skills required.

Responsibilities

• Create and implement quantitative models for trading.
• Collaborate closely with traders and technology professionals.
• Assess risk/reward of transactions during decisions.

Skills

Technical/programming skills

Communication skills

Commercial awareness

Analytical skills

Education

Bachelor’s degree

Master’s degree preferred

Tools

Python

Java

SQL

Job description

Quantitative Analyst - FX Algo Quant team

Join to apply for the Quantitative Analyst - FX Algo Quant team role at Citi

Quantitative Analyst - FX Algo Quant team

Join to apply for the Quantitative Analyst - FX Algo Quant team role at Citi

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The Quantitative Analyst will join the FX Algo Quant team with a focus on FX Swaps. This team is responsible for creating and improving models that allow us to automatically price and risk manage Linear FX products. The analyst is a strategic professional who stays abreast of developments within this field and contributes to the strategy by considering their application in own job and the business. There is a direct connection between the work delivered and the revenue that the businesses generate so therefore requires a good commercial awareness. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular our trading colleagues. Expected to have a basic understanding of technology architectural principles as there is a close relationship with the development teams in order to deliver the models and to ensure that they perform.

Responsibilities:

• Create, implement, and support quantitative models for the trading business leveraging a wide variety of mathematical and computer science methods and tools including hardware acceleration, advanced calculus, Java, Python, kdb, Structured Query Language (SQL), mathematical finance/ programming and statistics and probability
• Collaborate closely with Traders and technology professionals.
• Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance in order to ensure appropriate governance and control infrastructure
• Build 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 that all team members understand the need to do the same, demonstrating proper consideration for the firm’s reputation.
• Be familiar with and adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services; and ensure that all team members understand the need to do the same
• Adhere to all policies and procedures as defined by your role which will be communicated to you
• Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
  
  

Qualifications:

• 6-10 years of experience in a comparable quantitative modelling or analytics role, ideally in the financial sector
• Must have technical/programming skills. Preferably use of Python, Java, SQL and/or q.
• Exposure to Market Data; Statistics and Probability based calculations; Using probability theory to evaluate the market behaviour, solve analytical equations and design numerical schemes to create pricing and risk models.
• Must also possess any level of product knowledge, Investments and Quantitative Methods
• Consistently demonstrates clear and concise written and verbal communication skills
  
  

Education:

Bachelor’s/University degree, Master’s or higher degree preferred

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

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Job Family Group:

Institutional Trading

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Job Family:

Quantitative Analysis

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$175,000.00 - $250,000.00

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.

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Anticipated Posting Close Date:

Jun 11, 2025

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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.

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Research, Analyst, and Information Technology

• Industries

  Banking, Financial Services, and Investment Banking

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