Quantitative Analyst, Citi

Citi

Location:
Hungary, Budapest

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

The Market Quantitative Analysis (MQA) team is seeking a Quantitative Analyst to join the Counterparty Credit Risk (MQA-CCR) team. This role involves developing and maintaining methodologies to calculate counterparty credit risk exposures for derivatives. Responsibilities include simulation and pricing across asset classes, high-performance model development, testing, and collaboration with stakeholders.

Job Responsibility:

Develop, enhance, and maintain counterparty credit risk models and their underlying analytics library
deliver high-performance, production-quality code
design and implement robust methodologies, advanced algorithms, and sophisticated diagnostic tools to rigorously test and validate model performance
interpret complex model outputs and communicate comprehensive insights to internal stakeholders and external clients
collaborate closely with risk quantitative analysts, technology professionals, and structurers to integrate models and solutions effectively.

Requirements:

Strong technical and programming skills in C++ and Python
experience in developing complex numerical algorithms or large-scale data processing systems
solid understanding of statistical and mathematical modeling techniques, including numerical methods, stochastic calculus, Monte-Carlo techniques, and statistical inference
ability to independently problem-solve and drive solutions from conception to implementation
excellent communication skills with the ability to articulate complex quantitative concepts clearly and concisely to diverse audiences
strong work ethic and a team player with excellent time management skills
Master's or PhD degree in a quantitative field (e.g., Mathematics, Physics, Statistics, Financial Engineering, Computer Science)
proven experience 5+ years in quantitative modeling and analytics, specifically within financial derivatives, risk management, or similar domains.

What we offer:

Competitive compensation package, including an annual salary review and discretionary performance bonus
comprehensive social benefits, including premium healthcare, an award-winning pension scheme, robust life insurance, generous holiday allowance, and family support programs
flexible hybrid work model
a dynamic, supportive, and inclusive work environment fostering collaboration, diversity, and professional growth
structured onboarding and continuous learning opportunities
significant influence on team processes and methodologies
extensive career development and growth opportunities
direct exposure and collaboration with a wide range of senior stakeholders.

Additional Information:

Job Posted:
September 20, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Quantitative Analyst