Quantitative Analyst - FX Algo Quant team

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

Job summary

A leading company in financial services is looking for a Quantitative Analyst to join the FX Algo Quant team. This pivotal role involves creating, implementing, and enhancing quantitative models while collaborating closely with trading and technology professionals. Ideal candidates will have a strong background in quantitative analysis and programming skills, particularly in Python and Java, to effectively contribute to the team's success and drive responsible governance in trading practices.

Benefits

Medical, dental & vision coverage

401(k) plan

Life, accident and disability insurance

Wellness programs

Paid time off packages

Qualifications

• 6-10 years of experience in quantitative modelling or analytics role, ideally in finance.
• Technical skills in Python, Java, SQL and/or q preferred.
• Ability to evaluate market behavior and design risk models.

Responsibilities

• Create and support quantitative models for trading leveraging various mathematical methods.
• Collaborate with Traders and technology teams to implement solutions.
• Adhere to Citi’s Code of Conduct and governance policies.

Skills

Programming in Python

Statistical Analysis

Mathematical Finance

Hardware Acceleration

Probability Theory

Education

Bachelor's/University degree

Master's or higher degree

Tools

Java

SQL

kdb

Job description

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.

------------------------------------------------------

Job Family Group:

Institutional Trading

------------------------------------------------------

Job Family:

Quantitative Analysis

------------------------------------------------------

Time Type:

Full time

------------------------------------------------------

Primary Location:

New York New York United States

------------------------------------------------------

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.

------------------------------------------------------

Anticipated Posting Close Date:

Jun 11, 2025

------------------------------------------------------

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.