Senior Quantitative Analyst, Front Office Market Risk – VP
Citi · New York, United States · 1mo ago
Citi's Markets Quantitative Analysis (MQA) division is seeking a Senior Quantitative Analyst, Market Risk at the VP level to join the Front Office In-Business Market Risk team — a group at the forefront of combining quantitative rigor with next-generation AI to transform how market risk is measured, managed, and acted upon. In this role, you will build and lead delivery of analytics tools, GenAI-enabled applications, and risk frameworks that directly shape trading decisions and capital strategy across Citi's global Markets businesses. This is a high-impact, highly visible position that sits at the intersection of quantitative finance, software engineering, and applied artificial intelligence.
Responsibilities
Build analytical tools and GenAI-enabled applications that give traders and risk managers real-time visibility into market risk exposure, stress loss, and capital metrics — directly informing portfolio-level hedging strategies.
Design and deploy AI-assisted workflow solutions that integrate large language models with market risk analytics platforms, quantitative libraries, and market data infrastructure to accelerate business decision-making.
Develop scalable GenAI pipelines using modern techniques including agentic workflows, MCPs, agent skills, and structured interfaces — ensuring solutions are production-grade, explainable, and governed to Citi's AI standards.
Collaborate with traders, risk managers, and quant teams to perform in-depth analysis of market risk models, capital methodologies, and risk factor frameworks — identifying and implementing measurable improvements.
Contribute production-quality Python code to large-scale, in-house analytics libraries, maintaining high standards of architecture, modularity, and long-term maintainability.
Coordinate end-to-end delivery of strategic market risk, regulatory capital, and GenAI initiatives across Trading, In-Business Risk, MQA, and Technology — managing priorities, stakeholder communication, and execution milestones to meet business and regulatory deadlines.
Evaluate emerging GenAI technologies and champion adoption of practical solutions that generate measurable gains in risk management effectiveness, analytics capability, and operational efficiency.
Required Qualifications & Skills
Ten or more years of quantitative modeling experience in market risk within financial services, with deep expertise in VaR, stress testing, PnL attribution, capital calculations, risk factor sensitivities, and large-scale risk analytics platforms.
Demonstrated strong project management capability, to lead complex, cross-functional delivery initiatives across trading, risk, quant, and technology teams — managing competing priorities and driving projects from concept through production deployment.
Advanced Python programming skills, including hands-on use of pandas and numpy for large dataset processing, alongside experience with SQL and collaborative development workflows using Git or Bitbucket.
Extensive knowledge and experience of market risk regulatory frameworks, particularly FRTB IMA, with the ability to ensure model and methodology alignment to current and evolving regulatory requirements.
Hands-on experience building business-facing platforms including web applications, chat-based tools, or reporting automation frameworks that combine quantitative methods with AI-driven capabilities.
Familiarity with modern GenAI concepts including prompt engineering, agentic workflows, and responsible AI evaluation practices.
Clear, smooth, and precise written and verbal communication skills, with the ability to translate complex quantitative and technical concepts for traders, senior risk managers, and technology stakeholders.
Product expertise across one or more major asset classes such as Rates, Credit, FX, Equity, Commodities, or Securitized products.
Education
A PhD or Master's degree in Statistics, Mathematics, Physics, Computer Science, Quantitative Finance, Operations Research, Engineering, or a related quantitative discipline.
What We Offer
Joining Citi's MQA team means working at the center of one of the world's largest financial institutions, where your analytical and technical contributions directly influence how market risk is managed across global trading businesses. This is an environment that rewards ownership, technical ambition, and the ability to deliver at scale.
A leadership role in shaping GenAI and analytics strategy, with direct influence over the tools and frameworks used by front-office teams across Citi's global Markets organization.
Exposure to the full breadth of Citi's Markets businesses — spanning Equities, Rates, Credit, FX, and Commodities — providing unmatched scope for technical and commercial development.
Hybrid working model with 3 days in the office and 2 days working remotely, supporting both collaboration and flexibility.
Access to cutting-edge GenAI infrastructure and the opportunity to work at the frontier of AI application in quantitative finance — including large language model integration, agentic workflows, and risk analytics automation.
A performance-driven team culture that values technical depth, cross-functional collaboration, and the delivery of solutions with measurable business impact.
Continuous learning and professional development opportunities, including engagement with emerging AI technologies, regulatory developments, and best-in-class quantitative methodologies.
Competitive compensation and financial wellbeing benefits aligned to a senior VP-level role at a leading global financial institution.
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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:
$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. 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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Most Relevant Skills
Please see the requirements listed above.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
Anticipated Posting Close Date:
oct 10, 2026------------------------------------------------------
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.
Illinois residents – AI Notice and Right
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