Quantitative Analyst

The Markets Quantitative Analysis Department (MQA), a division of Global Markets, develops and delivers analytical models for pricing securities and managing risk across the Markets' businesses. This encompasses everything from mathematical research and model derivation to coding, testing, documentation for formal validation, and final delivery to trading desks and technology systems. Within the MQA Centre of Excellence in Budapest, Quantitative Analysts partner with global teams to solve complex, real-life financial mathematics problems through proficient coding (e.g., in C++ and Python).

What you will do:

• Contribute to the development of next-generation pricing models for complex, exotic derivatives and craft high-impact hedging & trading strategies
• Architect, develop, and maintain our in-house C++ quantitative libraries
• Drive innovation by pioneering new technologies, advanced algorithms, and cutting-edge numerical techniques to expand our quantitative capabilities
• Significantly enhance the efficiency, speed, and scalability of our analytical libraries, directly impacting trading performance
• Partner closely with Quantitative Developer and IT teams to seamlessly integrate sophisticated analytical libraries into our core systems
• Leverage advanced data analytics to extract actionable insights from market data, informing model enhancements and trading decisions

What we need from you:

• Excellent verbal and written English
• PhD / MSc in Mathematics, Physics, Computer Science, Engineering or similar
• Previous experience (5+ years) working with quantitative models
• Understanding of financial markets theory and practice
• Good command of C++ programming language
• Ability to work in a team and to work well under pressure in a Front-Office environment
• Outstanding analytical and problem-solving skills

By joining Citi Hungary, 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 compensation package and a whole host of additional benefits that support you (and your family) to be well, live well and save well:

• Cafeteria Program
• Home Office Allowance (for colleagues working in hybrid work models)
• Paid Parental Leave Program (maternity and paternity leave)
• Private Medical Care Program and onsite medical rooms at our offices
• Pension Plan Contribution to voluntary pension fund
• Group Life Insurance
• Employee Assistance Program
• Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
• Flexible work arrangements to support you in managing work-life balance
• Career progression opportunities across geographies and business lines
• Socially active employee communities with diverse networking opportunities

Working at Citi is far more than just a job. A career with us means joining a team of approximately 219,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.

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.