Quantitative Analyst

Ready to make a significant impact within a leading global financial institution? Bring your exceptional quantitative talents to Citi's esteemed Quantitative Analysis team. At Citi, you'll join an organization profoundly committed to being a trusted partner, delivering financial services that responsibly drive growth and economic progress for clients worldwide. Team/Role Overview The Markets Quantitative Analysis Department (MQA), a division of Global Markets, develops and delivers analytical models for pricing securities and managing risk across the Markets’ businesses. This encompasses everything from mathematical research and model derivation to coding, testing, documentation for formal validation, and final delivery to trading desks and technology systems. The MQA Centre of Excellence in Budapest is crucial for developing core tools, processes, and analytics, excelling in current global financial technologies. We actively integrate and leverage advanced AI tools into our daily workflows to drive innovation, enhance efficiency, and unlock deeper insights. Within the MQA Centre of Excellence, Quantitative Analysts partner with global teams to solve complex, real-life financial mathematics problems through proficient coding (e.g., in C++ and Python), with the support of Quantitative Developers, to meet current and future business demands. What you will do * Contribute to the development of next-generation pricing models for complex, exotic derivatives and craft high-impact hedging & trading strategies. * Architect, develop, and maintain our in-house C++ quantitative libraries. * Drive innovation by pioneering new technologies, advanced algorithms, and cutting-edge numerical techniques to expand our quantitative capabilities. * Significantly enhance the efficiency, speed, and scalability of our analytical libraries, directly impacting trading performance. * Partner closely with Quantitative Developer and IT teams to seamlessly integrate sophisticated analytical libraries into our core systems. * Leverage advanced data analytics to extract actionable insights from market data, informing model enhancements and trading decisions. What we need from you * Excellent verbal and written English * PhD / MSc in Mathematics, Physics, Computer Science, Engineering or similar * Previous experience working with quantitative models * Understanding of financial markets theory and practice * Good command of C++ programming language * Ability to work in a team and to work well under pressure in a Front-Office environment * Outstanding analytical and problem-solving skills What we can offer you By joining Citi Hungary, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well: * Cafeteria Program * Home Office Allowance (for colleagues working in hybrid work models) * Paid Parental Leave Program (maternity and paternity leave) * Private Medical Care Program and onsite medical rooms at our offices * Pension Plan Contribution to voluntary pension fund * Group Life Insurance * Employee Assistance Program * Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed * Flexible work arrangements to support you in managing work - life balance * Career progression opportunities across geographies and business lines * Socially active employee communities with diverse networking opportunities Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive. Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities. \------------------------------------------------------ ## Job Family Group: Institutional Trading \------------------------------------------------------ ## Job Family: Quantitative Analysis \------------------------------------------------------ ## Time Type: Full time \------------------------------------------------------ ## Primary Location Full Time Salary Range: Ft14,750,000.00 - Ft19,200,000.00 \------------------------------------------------------ ## Most Relevant Skills Please see the requirements listed above. \------------------------------------------------------ ## Other Relevant Skills For complementary skills, please see above and/or contact the recruiter. \------------------------------------------------------ ## Automated Processing and AI We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi. Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details. \------------------------------------------------------ This job opening is for an existing job vacancy. \------------------------------------------------------ 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. View Citi’s EEO Policy Statement and the Know Your Rights poster.