Systematic Quantitative Analyst

Citigroup Inc.; New York (NY); Hybrid; USD 225,000 - 250,000; Full time

Benefits offered by this job

Medical, dental & vision coverage

401(k)

Life, accident, and disability ins.

Wellness programs

Job summary

Citigroup Global Markets Inc. in New York, NY seeks a Systematic Quantitative Analyst to support investment and trading strategies through advanced modeling and data analysis.

You will build quantitative models for securities valuation, back-testing in Python, and collaborate with traders, tech, and risk teams to deploy production-ready systems; telecommuting/hybrid may be allowed.

Qualifications

• Master’s degree or 6 years of progressive experience in quantitative finance.
• Experience developing analytics programs for financial applications using Python.
• Fixed income product modeling for trading and risk management.

Responsibilities

• Analyze complex financial and quantitative data to support investment and trading strategies.
• Develop mathematical models for securities valuation and portfolio construction.
• Build back-testing programs in Python to evaluate trading signals and risk models.
• Collaborate with traders, technology teams, and risk management to deploy production systems.
• Utilize large-scale bond data to analyze credit risk and strategy performance.

Skills

Python programming

Quantitative analysis

Statistical modeling

Fixed income knowledge

Machine learning

Education

Master’s degree in Applied Mathematics, Finance, Financial Engineering, or related field

Bachelor’s degree with 6+ years of quantitative finance experience

Tools

Python

SQL

Job description

Citigroup Global Markets Inc. seeks a Systematic Quantitative Analyst for its New York, New York location.

Duties: Perform analytical duties to support implementation of investment, capital raising, hedging, and asset allocation strategies. Perform computerized analysis of sophisticated financial and other quantitative data to be used in developing client proposals and strategic plans, and formulate and apply mathematical modeling and other optimizing methods to interpret this data. Assist in building financial models for trading desks. Develop sophisticated mathematical models for securities valuation, structuring portfolios, and formulating investment and trading strategies. Perform financial product modeling, portfolio structuring, asset allocation, bond market return analysis, systems development analysis, and bond market sector strategy analysis. Organize and analyze complex numerical and statistical data and other variables to develop valuation models and perform in-depth quantitative industry studies. Research and implement bond trading strategies using advanced statistical and mathematical models applied to large-scale bond trading datasets. Utilize programming languages and databases to process, analyze, and extract actionable insights from high-frequency, high-volume fixed income trading data. Design multi-factor credit risk decomposition models for corporate bonds. Design and build comprehensive back testing programs in Python to evaluate the historical performance of trading signals and risk models. Simulate realistic trading conditions in order to produce reliable and unbiased assessments of model performance. Collaborate with traders, technology teams, and risk management professionals to translate quantitative research findings into production-ready trading systems A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.

Requirements: Requires a Master’s degree, or foreign equivalent, in Applied Mathematics, Finance, Financial Engineering, or related field and 3 years of experience as a Quantitative Analyst, Quantitative Research and Portfolio Manager, Portfolio Associate, Leveraged Finance Desk Strategist, Quantitative Strategist or related position involving quantitative modeling in the financial services industry. Alternatively, employer will accept a Bachelor’s degree in the stated fields and 6 years of the specified progressive, post-baccalaureate experience. Full span of experience must include: Developing analytics programs for financial applications using Python or other computer languages; Fixed income products including corporate bonds to build mathematical models for trading and risk management; Developing quantitative trading strategies for credit markets using advanced mathematical, statistical methods and knowledge of financial markets, including corporate capital structure and credit spread dynamics; Credit markets, including market microstructure, to improve trading strategies and credit risk models; Performing large-scale data manipulation and statistical analysis on corporate bond datasets to build sophisticated credit trading strategies; and Analyzing financial datasets utilizing machine learning and statistical approaches to extract significant signals and improve mathematical models and trading strategies. EO Employer.

Wage Range: $225,000 to $250,000

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:

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
• wellness programs

Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.

• planned time off (vacation)
• unplanned time off (sick leave)
• 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

Wholesale Lending Operations Management.

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.