At a Glance
- Tasks: Create and support analytics for XVA across multiple asset classes using advanced financial techniques.
- Company: Join Citi, a global leader in financial services with a commitment to responsible finance.
- Benefits: Enjoy 27 days holiday, private medical insurance, and a competitive salary with annual reviews.
- Other info: Hybrid working model with a focus on employee well-being and development.
- Why this job: Be part of a small team tackling high-priority projects that make a real impact.
- Qualifications: MSc or PhD in a quantitative subject; programming skills in C++ preferred.
The predicted salary is between 56700 - 69300 £ per year.
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
- This can be an entry level role, although experience in a comparable quantitative modelling role in the financial sector, especially in XVA, is valuable.
- Knowledge of financial products and related quantitative methods, especially Monte Carlo simulation.
- Clear and concise written and verbal communication skills.
- An MSc or Ph D degree in a quantitative subject.
- Skill in programming, preferably in C++.
- What we can offer you
This role provides the opportunity to work in a small team on fast-moving, high-priority projects.
You will solve both technical and practical problems, collaborate with other Markets Quantitative Analysis teams, and interact with IT, Risk and Trading stakeholders.
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.
- 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.
- Job Family Group
- Risk Management
- Job Family
- Model Development and Analytics
- Time Type
- Full time
- Most Relevant Skills
Analytical Thinking, Credible Challenge, Data Analysis, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle.
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
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 Citi’s EEO Policy Statement and the Know Your Rights poster.
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Cross Asset XVA Quantitative Analyst - Assistant Vice President employer: Citigroup, Inc.
Citi London is an exceptional employer, offering a dynamic and inclusive work environment that fosters innovation and collaboration. With a competitive salary, generous annual leave, and a hybrid working model, employees enjoy a healthy work-life balance while having access to extensive learning and development resources. As a key player in the Equity Derivatives Technology team, you will have the opportunity to lead impactful projects and grow your career within a globally recognised financial institution.
StudySmarter Expert Advice🤫
We think this is how you could land Cross Asset XVA Quantitative Analyst - Assistant Vice President
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We think you need these skills to ace Cross Asset XVA Quantitative Analyst - Assistant Vice President
Some tips for your application 🫡
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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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