At a Glance
- Tasks: Join Citi's Markets Quantitative Analysis team to tackle complex financial problems using analytics.
- Company: Citi is a global financial institution focused on responsible financial services and client growth.
- Benefits: Enjoy hybrid work, competitive salary, generous holidays, private medical insurance, and exclusive employee discounts.
- Why this job: Be part of a culture that values ethics, governance, and personal development in a dynamic environment.
- Qualifications: MSc or PhD in a quantitative field with experience in financial modeling and programming skills, especially C++.
- Other info: Citi promotes a diverse workplace where everyone can thrive and be their authentic selves.
The predicted salary is between 43200 - 72000 £ per year.
Quantitative Analyst – VP
Quantitative Analyst – VP
Apply remote type Hybrid locations London United Kingdom time type Full time posted on Posted Yesterday time left to apply End Date: March 9, 2025 (9 days left to apply) job requisition id 25827519
Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in analysis, problem solving and communication to Citi’s Markets Quantitative Analysis team.
By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Role Overview
Markets Quantitative Analysis (MQA) builds innovative solutions to the most complex financial problems facing our trading businesses, control functions and international client base. Central XVA (X-Value Adjustment) is a small team working on important XVA functionality that cuts across asset classes.
What you will do
- Create and support analytics for Markets Front Office XVA across multiple asset classes using probability theory, financial mathematics, and numerical techniques.
- Implement these analytics in C++, also using Python.
- Support trading desks.
- Collaborate closely with other MQA teams.
- Work in partnership with control functions to ensure appropriate governance and control infrastructure.
- Build a culture of responsible finance, good governance and supervision, expense discipline and ethics.
- Appropriately assess risk/reward of transactions when making business decisions; and ensure that all team members understand the need to do the same, demonstrating proper consideration for the firm’s reputation.
What we will need from you
- Experience in a comparable quantitative modelling role in the financial sector. XVA-related experience is especially valuable.
- Knowledge of financial products and related quantitative methods, especially Monte Carlo simulation.
- Clear and concise written and verbal communication skills.
- An MSc or PhD degree in a quantitative subject.
- Skill in programming, preferably in C++.
What we can offer you
We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.
By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (reviewed annually), and enjoy a whole host of additional benefits such as:
- Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
- A discretional annual performance related bonus.
- Private medical insurance packages to suit your personal circumstances.
- Employee Assistance Program.
- Pension Plan.
- Paid Parental Leave.
- Exclusive discounts for employees, family, and friends.
- Access to an array of learning and development resources.
Alongside these benefits, Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
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Job Family Group: Institutional Trading
Job Family: Quantitative Analysis
Time Type: Full time
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 .
View the EEO is the Law poster. View the EEO is the Law Supplement .
View the EEO Policy Statement .
View the Pay Transparency Posting .
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Quantitative Analyst - VP employer: Citibank (Switzerland) AG
Contact Detail:
Citibank (Switzerland) AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quantitative Analyst - VP
✨Tip Number 1
Familiarize yourself with the specific XVA functionalities that Citi's Markets Quantitative Analysis team focuses on. Understanding the nuances of X-Value Adjustment will help you demonstrate your expertise during interviews.
✨Tip Number 2
Brush up on your programming skills, especially in C++ and Python. Being able to discuss your previous projects or experiences where you implemented analytics using these languages can set you apart from other candidates.
✨Tip Number 3
Network with current or former employees of Citi, particularly those in the Markets Quantitative Analysis team. They can provide valuable insights into the company culture and the specific challenges faced in the role.
✨Tip Number 4
Prepare to discuss your experience with Monte Carlo simulations and other quantitative methods. Be ready to explain how you've applied these techniques in real-world scenarios, as this is crucial for the role.
We think you need these skills to ace Quantitative Analyst - VP
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Quantitative Analyst - VP position. Understand the key responsibilities and required skills, especially focusing on XVA-related experience and programming in C++.
Tailor Your CV: Customize your CV to highlight relevant experience in quantitative modeling and financial products. Emphasize your skills in probability theory, financial mathematics, and any specific projects that demonstrate your expertise in Monte Carlo simulation.
Craft a Compelling Cover Letter: Write a cover letter that showcases your analytical skills and problem-solving abilities. Mention your experience in the financial sector and how it aligns with Citi's mission of responsible finance and governance.
Highlight Communication Skills: Since clear communication is essential for this role, ensure that your application reflects your ability to convey complex ideas succinctly. Use examples from past experiences where you successfully communicated technical information to non-technical stakeholders.
How to prepare for a job interview at Citibank (Switzerland) AG
✨Showcase Your Quantitative Skills
Be prepared to discuss your experience in quantitative modeling and any specific projects you've worked on, especially those related to XVA. Highlight your proficiency in financial mathematics and numerical techniques.
✨Demonstrate Programming Proficiency
Since the role requires implementation in C++ and Python, be ready to talk about your programming experience. You might even be asked to solve a coding problem during the interview, so brush up on your coding skills.
✨Communicate Clearly
Given the importance of communication in this role, practice explaining complex concepts in a clear and concise manner. This will help demonstrate your ability to collaborate with trading desks and other teams effectively.
✨Understand the Company Culture
Familiarize yourself with Citi's commitment to responsible finance and good governance. Be prepared to discuss how you can contribute to building a culture that aligns with these values, showcasing your understanding of risk/reward assessments.