Quantitative Analyst (VP), Commodities

Citigroup Inc.; Houston (TX); Hybrid; USD 175,000 - 250,000; Full time

Benefits offered by this job

Hybrid work model

Competitive compensation

Learning and development resources

Global market exposure

Performance-based rewards

Comprehensive benefits

Job summary

Citi's Markets Quantitative Analytics team in Houston seeks a Quantitative Analyst to develop pricing models and risk analytics for the front office commodities desk. You will apply advanced mathematical and computational techniques and work closely with traders, sales, and structurers to drive business outcomes.

Responsibilities include building analytics libraries, designing models, and delivering production-grade code in C++ and Python, with front-end tooling in JavaScript/React.

Qualifications

• Advanced degree in a quantitative field.
• Strong theoretical and applied foundation in probability, statistics, and market data analysis.
• Experience building production-grade quantitative libraries and analytics applications.
• Ability to derive and solve analytical equations and construct numerical schemes.

Responsibilities

• Build and enhance analytics libraries for pricing and risk management of commodity derivatives.
• Design and implement quantitative models for commodity products using advanced techniques.
• Develop robust code in C++ and Python, plus JS/React for front-end tooling.
• Translate business requirements into quantitative solutions for traders and structurers.
• Work with Model Risk, Market Risk, Credit Risk, Legal, Compliance, and Audit to ensure governance and documentation.

Skills

Analytical thinking

Problem solving

Communication

Team collaboration

Education

Master's degree or PhD in a quantitative discipline

Tools

C++

Python

JavaScript

React

Job description

Citi's Markets Quantitative Analytics (MQA) team is looking for a Quantitative Analyst to develop and deliver advanced pricing models and risk analytics for our front office Commodities desk in Houston. In this role, you will apply cutting-edge mathematical and computational techniques to solve complex problems across commodity derivatives, working directly with trading, sales, and structuring teams to drive real business outcomes. This is a high-impact technical position at the heart of one of the world's leading financial institutions, offering the scale, complexity, and collaboration needed to make a meaningful contribution to global markets.

Responsibilities

• Build and enhance analytics libraries that support the accurate pricing and risk management of commodity derivatives across the front office trading book.
• Design and implement quantitative models for commodity products, applying techniques spanning advanced calculus, mathematical finance, statistical methods, and numerical analysis to ensure models are rigorous and production-ready.
• Develop high-quality, maintainable code in C++ and Python, as well as JavaScript and React for front-end tooling, maintaining strong software engineering standards throughout the development lifecycle.
• Partner with Traders, Sales, and Structurers to translate complex business requirements into tailored quantitative solutions that directly support trading decisions and client activity.
• Engage with Model Risk Management, Market Risk, Credit Risk, Legal, Compliance, and Audit teams to ensure models are well-governed, fully documented, and meet regulatory standards.
• Contribute to the continuous improvement of the team's analytical frameworks, identifying opportunities to refine existing models and develop new approaches as market dynamics evolve.

Required Qualifications & Skills

• Advanced degree (Master's or PhD) in a quantitative discipline such as Financial Engineering, Mathematics, Physics, Computer Science, or an equivalent field.
• Proficiency in C++ and Python, with demonstrated experience building robust, production-grade quantitative libraries and analytics applications.
• Strong theoretical and applied foundation in probability, statistics, and market data analysis, with the ability to apply these rigorously to complex financial instruments.
• Ability to derive and solve analytical equations and construct numerical schemes for pricing and analysing intricate financial contracts.
• Solid knowledge of software design principles, with a track record of writing clean, scalable, and maintainable code in a professional environment.
• Clear and concise communication skills, with the ability to present complex quantitative concepts to technical and non-technical stakeholders alike.
• Prior experience in a quantitative modelling or analytics role, with exposure to financial markets or a strong desire to apply quantitative skills in a markets context.

Beneficial Skills & Qualifications

• Familiarity with commodities markets, including knowledge of commodity derivatives products and the dynamics that drive pricing and risk in this asset class.
• Experience working in or closely with a front office environment, with an understanding of how quantitative models integrate with trading workflows.
• Exposure to JavaScript or React development in a quantitative or financial technology context.

What We Offer

At Citi in Houston, you will work within a high-performing quantitative team that operates at the intersection of cutting-edge research and live markets, giving you direct exposure to complex problems and real trading impact. We offer a competitive total compensation package alongside a range of benefits designed to support your long-term career and personal well-being.

• Hybrid working model, with 3 days in the office and 2 days working remotely, providing flexibility while maintaining strong team collaboration.
• Competitive compensation package reflecting the technical complexity and market impact of the role.
• Access to continuous learning and professional development resources to keep your technical skills at the leading edge.
• Exposure to global markets, cross-functional teams, and senior stakeholders, accelerating your development as a quantitative professional.
• A performance-driven environment where your technical contributions are directly connected to business outcomes and recognised accordingly.
• Comprehensive benefits package, including financial wellbeing support and programmes designed to promote personal well-being and work-life balance.

Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.

Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.

Illinois residents – AI Notice and Right

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.

Job Family Group:

Institutional Trading

Job Family:

Quantitative Analysis

Time Type:

Full time

Primary Location:

Houston Texas 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.

Most Relevant Skills

Please see the requirements listed above.

Anticipated Posting Close Date:

Oct 18, 2026