Quantitative Analyst

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

Duties: Document trading models including the model validation process. Interact with risk and compliance teams on building a safe framework for automated market making. Build automated pricing capabilities for portfolio trading in spread products. Responsible for development and enhancement of mathematical models to automatically price and trade spread products including Corporate Bonds and Credit ETF. Generate original ideas on potential production usage of data sources including noisy financial time series data and unstructured data. Utilize Python and kdb+/Q to program, test, implement, and release updated algorithms for live trading. Review code development of junior employees. Manage relationships with business leaders and Information Technology teams to decide on strategic goals and priorities. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite in accordance with Citi policies and protocols.

Requirements: Master’s degree, or foreign equivalent, in Computational Finance, Mathematics, Computational Engineering, or a related field, and three (3) year of experience in the job offered or a related quantitative occupation performing statistical analysis and building mathematical models in the financial industry. Three (3) years of experience must include: Analyzing financial datasets utilizing Bayesian analysis and machine learning algorithms to improve mathematical models and trading strategies; Performing stochastic filtering, time series analysis on noisy data of various frequencies, and deriving statistically significant signals; Performing large scale data manipulation and statistical analysis utilizing kdb+/Q and Python for trading strategy back-testing and market making algorithms calibration; Programming financial algorithms using Python and kdb+/Q; Building automated pricing tools for trading in spread products; and Utilizing knowledge of fixed income products including corporate bonds, credit ETF and credit derivatives to build mathematical models of these products. In the alternative, employer will accept a Bachelor’s degree, or foreign equivalent, in Computational Finance, Mathematics, Computational Engineering, or a related field, and five (5) years of experience in the job offered or in a related quantitative occupation performing statistical analysis and building mathematical models in the financial industry. 40 hrs./wk. Applicants submit resumes at https://jobs.citi.com/.  Please reference Job ID #25836562. EO Employer.

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

Job Family Group:         Institutional Trading

Job Family:                   Quantitative Analysis

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Job Family Group:

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Job Family:

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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:

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:

Apr 18, 2025

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Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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.

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