At a Glance
- Tasks: Build and maintain pricing systems for FX Options using C++ and Python.
- Company: Join Citi, a leading global financial services company with a collaborative culture.
- Benefits: Enjoy 27 days holiday, private medical insurance, and a performance bonus.
- Other info: Dynamic environment with opportunities for personal and professional growth.
- Why this job: Make a real impact on FX Options trading and develop your quantitative skills.
- Qualifications: Experience in C++ and Python, with a background in mathematics or computer science.
Citi is looking for a Quantitative Developer to join the FX options quantitative development team, building and maintaining the pricing and risk infrastructure that powers the FX Options trading desk. In this role, you will sit at the intersection of software engineering and quantitative finance, translating complex mathematical models into robust, production-grade systems used by traders and structurers daily. This is an opportunity to make a direct and measurable impact on how FX Options are priced, risk-managed, and delivered at global scale.
Responsibilities
- Build and maintain analytics libraries that support real-time pricing and risk management for FX Options products.
- Design and implement quantitative pricing models using numerical techniques including Monte Carlo methods and partial differential equation solvers.
- Develop production software using C++ and Python, applying object-oriented design principles and performance optimisation techniques including hardware acceleration.
- Work closely with traders and structurers to translate business requirements into reliable, scalable quantitative systems.
- Collaborate with technology teams to integrate models into trading infrastructure.
- Partner with risk, compliance, legal, and finance teams to ensure quantitative systems meet governance and control standards.
- Apply sound risk awareness when contributing to business decisions, ensuring that model outputs and system behaviour align with the firm's risk and conduct standards.
Qualifications
- Demonstrated software engineering ability in C++ and Python with practical experience.
- Knowledge of statistics, probability theory, and their application to the evaluation and risk assessment of complex financial instruments.
- Ability to design and implement numerical schemes and solve analytical equations relevant to financial modelling.
- Familiarity with market data structures and how they are used in pricing and risk calculations.
- Understanding of quantitative methods and investment products at any level of depth, with a willingness to develop further in a trading environment.
- Clear and concise written and verbal communication skills, with the ability to explain technical concepts to non-technical partners.
- A bachelor's degree or equivalent experience in a relevant discipline such as mathematics, computer science, physics, or engineering.
- Exposure to FX Options or other derivatives products, including an understanding of how they are structured and traded.
- Experience working in a financial services environment alongside trading desks or quantitative research teams.
- Practical exposure to hardware acceleration techniques for performance-critical quantitative applications.
Benefits
- Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
- A discretionary annual performance related bonus.
- Private medical insurance packages to suit your personal circumstances.
- Employee Assistance Program.
- Pension Plan.
- Paid Parental Leave.
- Special 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.
FX Options Quantitative Developer (Assistant Vice President) in City of Westminster employer: Citigroup, Inc.
Citi is an exceptional employer for those looking to thrive in the dynamic world of finance, particularly in the FX Options space. With a strong commitment to employee growth, generous benefits including a starting holiday allowance of 27 days, and a culture that promotes inclusivity and collaboration, Citi empowers its employees to bring their whole selves to work. The opportunity to work at the intersection of software engineering and quantitative finance in a global setting makes this role not only impactful but also rewarding.
StudySmarter Expert Advice🤫
We think this is how you could land FX Options Quantitative Developer (Assistant Vice President) in City of Westminster
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We think you need these skills to ace FX Options Quantitative Developer (Assistant Vice President) in City of Westminster
Some tips for your application 🫡
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Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Citigroup, Inc..
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
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How to prepare for a job interview at Citigroup, Inc.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Citigroup, Inc..
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