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

Duties: Perform equity/ETF (Exchange-Traded Fund) trading system development. Work with traders to develop trading tools, pricing models, alpha signals, and risk measures. Analyze portfolio and risk management algorithms. Develop and enhance the algorithmic portfolio management systems to balance risk, transaction costs, tracking error, and expected return of trading books. Perform model implementation and infrastructure development. Work cross-functionally to enhance the trading desk business through strategic development of the modeling, risk, and trading infrastructure. Perform post-trade analysis for ETF RFQ (Request for Quote) business. Analyze RFQ records to develop strategies that can enhance RFQ response rates and improve pricing competitiveness. Perform market microstructure and impact cost research. Utilize execution data and market data to build and calibrate market impact models for ETFs, stocks and portfolios. Utilize market impact models and optimization techniques to optimize pricing and hedging methodologies to balance cost and risk. Remote work may be permitted within a commutable distance from the worksite, in accordance with Citi policy.

Requirements: Master’s degree, or foreign equivalent, in Financial Mathematics, Financial Engineering, Mathematics, or a related field, and two (2) years of experience in the job offered or in a related occupation. Must possess two (2) years of experience with all of the following: Programming skills including Python, and Q/KDB; Pricing stocks, ETFs, and risk management; Market microstructure and market impact cost modeling; Using algorithmic trading strategies for trading execution optimization and risk control; ETF creation and redemption; Applying statistical methods, including regression and clustering, to large financial datasets to build, modify, and calibrate quantitative finance models; and Delivering production projects for trading businesses. 40 hrs./wk. Applicants submit resumes at https://jobs.citi.com/ . Please reference Job ID # 24756851. EO Employer.

Wage Range: $200,000 – $250,000/year

Job Family Group: Institutional Trading

Job Family: Quantitative Analysis

Job Family Group:

Job Family:

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; 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.

Anticipated Posting Close Date:

Aug 06, 2024

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.

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Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.