• Job Description

  Req#: 24790523

  The Investment Lab ("the Lab") is an integral part of Citi Wealth dedicated to the delivery of investment insights designed to help our clients navigate markets, manage risks, and meet their individual investing goals via a full suite of advanced portfolio construction techniques.

  As a core pillar within the Lab, the Quantitative Analytics Group enables the delivery of highly analytical investment advice to clients across the full spectrum of wealth, through specifically the following areas of activity: (1) developing quantitative tools and capabilities, (2) providing direct client advice, and (3) thought leadership, while (4) managing the related risk, processes & controls.

  The Quantitative Analyst will have the chance to contribute to all 4 areas through global teamwork. This is a newly created role, with potential for growth and development.

  Responsibilities:

  • Develop new quantitative tools and capabilities for investment advice across the entire spectrum of wealth, as conduit for highly customized advice to private clients and scaled solutions across all segments of wealth.
  • Direct involvement in highly analytical bespoke proposals for private clients in a lead analyst client-facing capacity.
  • Thought leadership: contribute to nurture the team image with clients and internal partners as industry leading in portfolio construction matters through publications on relevant topics.
  • Contribute to the management of model risk on internally developed and external tools.

  Requirements:

  • Strong knowledge and interest in all quantitative aspects of Asset Allocation, Portfolio Construction, and Risk Management matters.
  • Solid basis on Mathematics, Statistics and Numerical Methods (Optimization and Simulation methods).
  • Understanding of financial markets. Knowledge across asset classes and different product lines.
  • Python required; other programming languages beneficial.
  • Software Development Life Cycle (SDLC) experience and skills (Jira, Git, BitBucket).
  • Bloomberg, FactSet, Excel, MS Office.
  • Awareness of latest research developments on relevant topics.
  • Strong motivation and predisposition to learn.
  • Ability and willingness to work collaboratively as part of a global team.

  Experience and Qualifications:

  • Preference for PhD in Quantitative Finance subjects OR in a STEM subject paired with strong financial knowledge, interest and/or relevant qualifications (e.g. CFA), with 0-5 years relevant experience.
  • MSc in Quantitative Finance with 2-5 years of relevant experience will also be considered.
  • Already possess, or capacity and willingness to work towards obtaining relevant investment advice qualifications, as applicable in the hiring location (e.g.: CFA or IAD for London/UK, FINRA for New York/US).

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  Job Family Group:

  Private Client Product Services

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  Job Family:

  Investment Analytics

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  Time Type:

  Full time

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  Primary Location:

  New York New York United States

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  Primary Location Full Time Salary Range:

  $142,320.00 - $250,000.00

  
  In 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.

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  Anticipated Posting Close Date:

  Sep 25, 2024

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  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 review Accessibility at Citi .

  View the "EEO is the Law " poster. View the EEO is the Law Supplement .

  View the EEO Policy Statement .

  View the Pay Transparency Posting

• About the company

  While we're a global bank, our mission is simple: We responsibly provide financial services that enable growth and economic progress. We strive to earn and maintain the public's trust by constantly adhering to the highest ethical standards. We ask our colleagues to ensure that their decisions pass three tests: they are in our clients' interests, create economic value, and are always systemically responsible. When we do these things well, we make a positive financial and social impact in the communities we serve and show what a global bank can do.

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