NAM Quantitative Analysis, Summer AnalystProgram – New York(North America - 2025)You'rethe brains behind our work.You'reready to bring your knowledge from the classroom to the boardroom, and Citi wants to help you get there. Whetherit'shoning your skills or building your network, we know that successcan'tcome without growth. Our program equips you with the knowledge and training you need to play a valuable role on your team andestablisha long-term career here. Citi'sMarketsis looking for Summer Analysts to join theQuantitative Analysis team in New York City. Quantitative Analysis works with institutional clients to provide the technicalexpertiserequiredin today's sophisticated markets. Quantitative Analysis provides innovative solutions to public sector clients,corporationsand financial institutions in more than 120 countries, including 99 of the Fortune Global 100 companies.We provide you with the knowledge and skills you need to succeed.The Markets Quantitative Analysis (MQA) and Trading departments play vital roles withinMarketsbecause of the insight they provide and the skills theypossess. Our industry-leading professionals are thought leaders on complex subjects such as portfolio analysis, electronic execution, derivative modeling and managing portfolio level risk. MQA builds tools and models thatassisttraders and clients in pricing, hedging and structuring securities, and provide critical information and advice for managing risk across all market trading units.Trading increasingly relies on quantitative techniques as financial products become more sophisticated and algorithmic trading modelsidentifyopportunities across many asset classes.We'recommitted to teaching you the ropes.Citi's 10-week program starts in June and begins with a one-week, in-depth training program designed to cover the fundamental aspects of the Quantitative Analysis Summer Analyst roles. Summer Analysts will work with industry-leading professionals across ourvarious productsincluding:Equities, FX, Rates, Commoditiesand Spread Products.Participants in the Quantitative Analysis trackareassigned junior and senior mentors andattend SpeakerSeries -whichprovidean overview of the department and firm.Your time here will look something like this...Summer Analysts can expect to build tools and models thatassisttraders and clients in pricing, hedging and structuring securities, and provide critical information and advice for managing risk across all market trading units. Summer Analysts can also expect to research and analyze market trends for distribution to both internal and external clients. Although the program includes formal training, the heart of the program is a final project. This project allows Summer Analysts to work directly with senior leadership to develop an understanding of a specific segment of the market and contribute to the research produced by the department. Examples ofpossible projecttopics include the following:?Modeling financial products such as Mortgage-backed SecuritiesResearching new financial productsDesigning and back-testing algorithmic trading strategiesDeveloping relative value trade ideas?Each Summer Analyst is also given the opportunity to shadow multiple trading desks throughout the summer.In this rotation, Summer Analysts will have the opportunity to learn from observing trading professionals who are making markets in derivative instruments for our institutional client base and creating and monitoring risk management systems.By the end of the Summer Program, participants will have:?Developed a thorough understanding of financial marketsUtilized quantitative methods to model market behaviorUsed data science techniques to analyze large-scale market dataPresented their research to senior management within Citi MarketsWe want to hear from you if...You currentlymaintaina GPA of 3.3 or aboveYou are obtaining a Bachelor's or Master's (graduating in Fall 2025or Spring 2026), majoring in Quantitative Finance, ComputerScience, Engineering, Mathematics and/or a closely related degree.You have excellent mathematical and/or programming skillsYou communicate clearly and effectivelyWho we think will be a great fit...We'relooking for motivated individuals, who are eager to start their careers at a global organization, tend to think globally, and have an innovative outlook on business. We value diversity and so do you.?We'llalso be looking for the following:Problem solvers who are intellectually curiousAbility to juggle multiple tasks simultaneouslyDetail-oriented and hardworking individuals who are confident and comfortable around clientsHave strong statistical knowledge and mathematical abilitiesSalary: $110,000------------------------------------------------------Job Family Group:Institutional Trading------------------------------------------------------Job Family:Trading------------------------------------------------------Time Type:Full time------------------------------------------------------Primary Location:New York New York United States------------------------------------------------------Primary Location Full Time Salary Range:$80,000.00 - $115,000.00In addition to salary, Citi's offerings may also include, for eligible employees, 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, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.------------------------------------------------------Anticipated Posting Close Date:Apr 23, 2024------------------------------------------------------Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. 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 reviewAccessibility at Citi.View the "EEO is the Law" poster. View theEEO is the Law Supplement .View theEEO Policy Statement .View thePay Transparency Posting
