Quantitative Developer, Equity Derivatives, Director

Leading a small team of Quantitative Developers within the Equity Derivatives Quantitative team. The Quantitative Developer is a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the business. Recognized subject matter expert within one area. Strong commercial awareness is a necessity. An acknowledged authority both within and outside area of expertise.

Typically a small number of people within the business that provide the same level of expertise. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication is typically required. Provides advanced judgment and conducts in-depth quantitative or qualitative analysis to solve problems and develop new, innovative solutions. Required to think beyond existing solutions, assumptions or current knowledge of sophisticated areas.

Significant impact on a function and/or the business through making decisions that determine technical approaches and strategies for the area.

• Develop analytics libraries used for pricing and risk-management
• Support quantitative models for the trading business leveraging a wide variety of mathematical and computer science methods and tools including hardware acceleration, C++ including STL, Java, object oriented software design, Python, Structured Query Language (SQL), mathematical finance/ programming and statistics and probability
• Lead the design of library functionality including areas such as the Risk engine, Scenario analysis, library interface, grid computing, PAA
• Design and enforce coding standards and development best practices across the wider quantitative team
• Contribute to cross-asset forums around standardised tooling and design
• 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
• Adequately assess risk/reward of transactions when making business decisions and ensure that all team members understand the need to do the same
• 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 the role which will be communicated to you
• Obtain and maintain all registrations/licenses which are required for the role, within the appropriate timeframe
• Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients and assets

• 15+ years of experience in a comparable quantitative modeling or analytics role, ideally in the financial sector
• Must have technical/programming skills; C++ & Python;
  Exposure to Market Data;
  Statistics and Probability based calculations; 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

• Bachelor’s/University degree, Master’s degree preferred

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Job Family Group: Institutional Trading

Job Family: Quantitative Analysis

Time Type: Full time

Primary

Location:

New York, New York, United States

Primary Location Full Time Salary Range: $ - $

In addition to salary, Citi’s offerings may also include discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits,…