Quantitative Analyst, Citi

Citi

Location:
United Kingdom, London

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

Citigroup's Markets Quantitative Analysis (MQA) group is seeking exceptional individuals to join their Corporate Equity Derivatives Quant team in London. The team provides advanced quantitative models and analytical tools for trading desks globally. The role involves pricing complex structures, developing innovative solutions, implementing new pricing models in C++, creating Python tools for business applications, and collaborating with Quant Developers and the Model Validation Group.

Job Responsibility:

Provide daily quantitative support to Corporate Equity Derivatives trading desks globally, primarily in London
Assist with pricing new structures, explaining P&L, analysing model behaviour, and enhancing the existing quantitative framework
Develop and implement new pricing models and numerical methods in C++, adhering to high coding standards
Create Python tools for business applications, such as 'what-if' scenarios, P&L explanations, and risk representations
Collaborate with Quant Developers on library design and implementation of scalable and efficient solutions
Prepare model documentation and work closely with the Model Validation Group

Requirements:

Experience in Corporate Equity Derivatives (e.g., Buy-backs pricing and risk management, Margin Loans, Dividend/Borrow cost protection)
Experience in Equity exotic modelling and PDE pricing is also valuable
Strong quantitative background, including Stochastic Calculus, Numerical Methods (Monte Carlo, PDE), Statistics, and academic pricing models
Proficiency in C++ and Python programming
PhD or Master's degree in quantitative finance or a related mathematical discipline
Strong teamwork skills and the ability to quickly learn and adapt to new systems and libraries
Meticulous approach to development, testing, and release processes in a production environment, as well as in documenting models
Excellent communication skills for effective interaction with internal teams (Trading, Sales, Technology, Model Validation)
Ability to work effectively under pressure, meet deadlines, and deliver results

What we offer:

Competitive base salary (reviewed annually)
generous holiday allowance (starting at 27 days plus bank holidays and increasing with tenure)
discretionary annual performance-related bonus
private medical insurance
employee assistance program
pension plan
paid parental leave
special discounts
access to extensive learning and development resources
flexible work arrangements
business casual environment

Additional Information:

Job Posted:
July 19, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Quantitative Analyst