Quantitative Analyst

Team/Role Overview

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.

The MQA Centre of Excellence in Budapest is crucial for developing core tools, processes, and analytics, excelling in current global financial technologies. We actively integrate and leverage advanced AI tools into our daily workflows to drive innovation, enhance efficiency, and unlock deeper insights.

Within the MQA Centre of Excellence, Quantitative Analysts partner with global teams to solve complex, real-life financial mathematics problems through proficient coding (e.g., in C++ and Python), with the support of Quantitative Developers, to meet current and future business demands.

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 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

What you gain

• Global Exposure through cross-functional projects
• Continuous Learning via structured mentoring and development programs
• Real Impact contributing to banking innovation projects

Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 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.