**Introduction:** Are you a talented Quantitative Analyst with a passion for financial markets? Citigroup's Markets Quantitative Analysis (MQA) group is seeking exceptional individuals to join our Corporate Equity Derivatives Quant team in London. This role offers a unique opportunity to contribute to cutting-edge quantitative modelling, collaborate with leading traders and professionals, and enhance your expertise in a dynamic and challenging environment. **Team/Role Overview:** The MQA Corporate Equity Derivatives team plays a critical role in supporting the trading desks by providing advanced quantitative models and analytical tools. You will be part of a highly skilled team responsible for pricing complex structures, explaining P&L, analysing model behaviour, and developing innovative solutions to meet the evolving needs of the business. This role offers a unique opportunity to work on challenging problems and make a significant impact on the success of our trading operations. **What You'll Do:** + Provide daily quantitative support to Corporate Equity Derivatives trading desks globally, primarily in London. + Assist with pricing new structures, explaining P&L, analysing model behaviour, and enhancing the existing quantitative framework. + Develop and implement new pricing models and numerical methods in C++, adhering to high coding standards. + Create Python tools for business applications, such as "what-if" scenarios, P&L explanations, and risk representations. + Collaborate with Quant Developers on library design and implementation of scalable and efficient solutions. + Prepare model documentation and work closely with the Model Validation Group. **What We'll Need From You:** + Experience in Corporate Equity Derivatives (e.g., Buy-backs pricing and risk management, Margin Loans, Dividend/Borrow cost protection) is preferred. Experience in Equity exotic modelling and PDE pricing is also valuable. + Strong quantitative background, including Stochastic Calculus, Numerical Methods (Monte Carlo, PDE), Statistics, and academic pricing models. + Proficiency in C++ and Python programming. + PhD or Master's degree in quantitative finance or a related mathematical discipline. + Strong teamwork skills and the ability to quickly learn and adapt to new systems and libraries. + Meticulous approach to development, testing, and release processes in a production environment, as well as in documenting models. + Excellent communication skills for effective interaction with internal teams (Trading, Sales, Technology, Model Validation). + Ability to work effectively under pressure, meet deadlines, and deliver results. **What We Can Offer You:** + **Deepen your expertise:** Gain in-depth knowledge of financial services operations, particularly within Corporate Equity Derivatives. + **Continuous learning:** Face new business challenges daily, enhancing your skills and driving your career forward. + **Competitive compensation and benefits:** Receive a competitive base salary (reviewed annually), generous holiday allowance (starting at 27 days plus bank holidays and increasing with tenure), a discretionary annual performance-related bonus, private medical insurance, employee assistance program, pension plan, paid parental leave, special discounts, and access to extensive learning and development resources. + **Flexible work arrangements:** Enjoy a business casual environment with a hybrid work model offering flexibility. + **Inclusive and supportive culture:** Be part of a workplace where everyone feels comfortable and empowered to contribute their best. If you are a highly motivated and skilled Quantitative Analyst seeking a challenging and rewarding opportunity in a leading financial institution, we encourage you to apply and discover the true extent of your capabilities. ------------------------------------------------------ **Job Family Group:** Institutional Trading ------------------------------------------------------ **Job Family:** Quantitative Analysis ------------------------------------------------------ **Time Type:** Full time ------------------------------------------------------ **Most Relevant Skills** Please see the requirements listed above. ------------------------------------------------------ **Other Relevant Skills** For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------ _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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)_ _._ _View Citi’s_ _EEO Policy Statement (https://www.citigroup.com/global/eeo-aa-policy)_ _and the_ _Know Your Rights (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12ScreenRdr.pdf)_ _poster._ Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.