Equities Algorithmic Trading Quantitative Analyst, MQA – VP

Citi Global Markets’ Algorithmic Trading Quant team is responsible for the research, design, implementation, and maintenance of Equities Execution Algorithms and related Trading Products offered to Citi’s institutional clients and internal trading desks. The team collaborates with global teams, with a specific focus on North America and LATAM markets.

About the role

This is a unique opportunity to work at the intersection of quantitative finance, design and develop high-performance trading systems, and leverage AI-assisted software development lifecycle with Large Language Models (LLMs). It is an opportunity to be involved in challenging new initiatives, learn the latest developments in the Electronic Trading domain, and be part of Citi’s growing Equity Trading franchise.

Responsibilities

• Design, develop, and optimize next-generation equity trading platforms.
• Work closely with quantitative researchers and business stakeholders to translate complex financial models and strategies into robust, scalable, and low-latency Java applications.
• Drive the adoption and integration of AI and Large Language Models (LLMs) into the software development lifecycle, exploring applications for automated code generation, intelligent debugging, predictive maintenance, and enhanced testing.
• Research and analyze ideas for enhancing existing and developing new algorithms (such as liquidity seeking), models (such as market impact models), and short-term predictive signals (such as fair value).
• Perform analysis of large data sets comprising market data, orders, executions, and derived analytics.
• Enhance the trading model development and simulation frameworks.
• Work in close partnership with the Coverage desk, Technology teams, and control functions such as Legal, Compliance, and Audit to ensure appropriate governance and control infrastructure.
• Build a culture of responsible finance, good governance and supervision, expense discipline, and ethics.
• Adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services; ensure all team members understand the need to do the same.
• Obtain and maintain all registrations/licenses required for your 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 by driving compliance with applicable laws, rules, and regulations.

Requirements

• Extensive experience (5+ years) in Java development, with a strong focus on high-performance, concurrent, and low-latency systems. Experience in redesigning a trading system is a plus.
• Experience working in a development environment with an AI-integrated software development lifecycle is highly preferred.
• Deep understanding of data structures, algorithms, and object-oriented design principles.
• Experience in a financial trading environment, with a minimum of 3 years in research and development of agency execution algorithms, smart order routing strategy, liquidity seeking strategies, market making strategies, or high-frequency trading strategies.
• Understanding of US Equity Algorithmic Trading and Market Microstructure.
• Experience applying statistical modeling and machine learning towards the analysis of large data sets.
• Experience with Q/KDB or time series databases is desirable.
• Good communication skills, both verbal and written.
• Ability to juggle multiple tasks and projects in a fast-paced work environment.

Qualifications

• Master's or PhD in Finance, Mathematics, Engineering, Computer Science, or a related field. Strong candidates with a Bachelor's degree with relevant experience will be considered.
• Applicable licenses: Will be required to either already have or apply upon arrival for Series 7, 57, and 63.

Pay

Primary Location Full Time Salary Range: $175,000.00 - $250,000.00. In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.

Benefits

• Medical, dental & vision coverage
• 401(k)
• Life, accident, and disability insurance
• Wellness programs
• Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

Primary Location: New York, New York, United States. Full time.