At a Glance
- Tasks: Develop automated market-making models and data-driven trading tools for the rates business.
- Company: Join Citi, a leading global bank with a commitment to innovation.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Collaborative culture with a focus on responsible finance and ethical practices.
- Why this job: Make a real impact in finance by leveraging cutting-edge technology and analytics.
- Qualifications: Experience in algorithmic trading and proficiency in programming languages like Python and Java.
The predicted salary is between 59400 - 72600 £ per year.
The Quantitative Analyst is a strategic professional who closely follows the latest trends in their field and adapts them for application within their job and the business. Recognized subject matter expert within one area, strong commercial awareness is a necessity. Excellent communication skills are required in order to negotiate internally, often at a senior level. Provides advanced judgment and conducts in-depth quantitative or qualitative analysis to solve problems and develop new, innovative solutions.
Position Objective:
- Develop and implement automated market-making models and data-driven trading tools for the rates business.
- Improve and transform infrastructure for automated market-making models and data-driven trading tools.
Responsibilities:
- Implement electronic market-making models (hedging algorithms, bid-offer models, price predictors, automated pricing models), using a wide variety of programming languages, including Java, KDB, Python.
- Implement data-driven tools for trade recommendations and trading activity analysis.
- Optimize and streamline existing technology stack used for pricing, hedging and trading analysis, including live pricing and backtesting.
- Define and develop strategic improvements to the existing technology stack.
- Collaborate closely with Traders, technology professionals and data specialists.
- Work in close partnership with control functions such as Legal, Compliance, Electronic Trading Risk Management, Model Risk Management and Market Data Team.
- Build a culture of responsible finance, good governance and supervision, expense discipline and ethics.
- Appropriately assess risk/reward of transactions when making business decisions.
- Be familiar with and adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services.
- Obtain and maintain all registrations/licenses which are required for your role.
- Drive compliance with applicable laws, rules and regulations.
Challenges:
- The candidate must be practically minded, a quick learner and focused on details.
- Must possess or be able to develop an in-depth understanding of the business and modelling requirements.
- The role requires proficiency in a wide range of technologies.
- Very strong technical abilities are required, particularly around improving and transforming the technology stack.
Qualifications:
- Extensive experience in the algorithmic trading space.
- Extensive programming experience.
- Technology/programming skills in Rust, C++, Java, KDB, Python, SQL.
- Experience in messaging and data serialization technologies, market data processing, API design, latency optimization, code testing, build and deployment tools.
- Working knowledge of rates financial instruments and mathematical tools used in algo trading.
- Consistently demonstrates clear and concise written and verbal communication skills.
Education:
- Master’s degree preferred.
Quantitative Analyst (Rates Electronic Market Making) in London employer: CitiGroup
Citi is an exceptional employer that offers a dynamic work environment where employees can thrive and make a significant impact in the investment banking sector. With a strong focus on professional development, team collaboration, and community engagement, associates are empowered to grow their careers while contributing to meaningful projects within the Consumer, Luxury & Retail team. Located in a vibrant city, Citi provides unique opportunities for networking and exposure to leading global consumer players, making it an ideal place for ambitious professionals seeking rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Analyst (Rates Electronic Market Making) in London
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like CitiGroup. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from CitiGroup.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like CitiGroup. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Quantitative Analyst (Rates Electronic Market Making) in London
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in CitiGroup and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show CitiGroup how you can be a team player!
How to prepare for a job interview at CitiGroup
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with CitiGroup.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with CitiGroup's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
