At a Glance
- Tasks: Develop cutting-edge analytics and quantitative models for the Commodities trading desk.
- Company: Join Citi, a global leader in financial services with a focus on responsible growth.
- Benefits: Enjoy competitive salary, generous holiday allowance, private medical insurance, and hybrid working options.
- Other info: Be part of a diverse team committed to ethical finance and community impact.
- Why this job: Make a real impact in the dynamic world of commodities trading while growing your career.
- Qualifications: Experience in quantitative modelling, strong programming skills, and a relevant degree.
The predicted salary is between 59400 - 72600 £ per year.
The Market Quantitative Analysis (MQA) team is looking for a Quantitative Analyst to join the front office Commodities Quant team in London, supporting the Commodities XVA desk.
The business covers the key commodities areas, including Oil, EMEA and NAM Power and Gas, Metals, Agriculturals, Investor Products and Exotics as well as CVA, with main trading arms in London, Houston and New York.
Our role in MQA is to develop and support the modelling and analytics needs of the business, which involves close work and co-ordination with the respective trading desks and functions, as well as our partners in IT and the various control functions. We use a variety of modelling and pricing techniques to capture and analyse the wide variety of dynamics found in the Commodities markets, as well as developing cutting edge solutions to allow the business to grow and adapt through changing market conditions.
What you’ll do:
- Develop analytics libraries used for pricing and risk-management.
- Create, implement, and support quantitative models for the trading business leveraging a wide variety of mathematical and computer science methods and tools including hardware acceleration, advanced calculus, development including C++, Python, JavaScript React, mathematical finance/programming and statistics and probability.
- Develop pricing models using numerical techniques for valuation including Monte Carlo Methods and partial differential equation solvers.
- Collaborate closely with Traders, Structurers, and technology professionals.
- Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance in order 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.
- Be familiar with and adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services; and ensure that all team members understand the need to do the same.
- Adhere to all policies and procedures as defined by your role which will be communicated to you.
- Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe.
- Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
What we’ll need from you:
- Experience in a comparable quantitative modelling or analytics role, ideally in the financial sector.
- Must have technical/programming skills; C# .Net, SQL and C++.
- Exposure to Market Data; Statistics and Probability based calculations; Using probability theory to evaluate the risks of complex financial instruments, solve analytical equations and design numerical schemes to analyze complex contracts; and Software design and principles.
- Must also possess any level of product knowledge, Investments and Quantitative Methods.
- Consistently demonstrates clear and concise written and verbal communication skills.
- Masters/PhD, or equivalent degree.
What we can offer you:
- 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.
- 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.
Commodities Quantitative Analyst (Assistant Vice President) in Vauxhall employer: Citigroup
Citi is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets collaboration. As a Sales Director, you will benefit from extensive training and mentorship opportunities, fostering your professional growth while working alongside industry leaders in FX Sales. With a strong commitment to integrity and inclusivity, Citi provides a supportive culture that empowers employees to excel and drive meaningful results for clients.
StudySmarter Expert Advice🤫
We think this is how you could land Commodities Quantitative Analyst (Assistant Vice President) in Vauxhall
✨Tip Number 1: Tap Into Professional Networks
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We think you need these skills to ace Commodities Quantitative Analyst (Assistant Vice President) in Vauxhall
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!
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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
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✨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!
