Trader

Citigroup Global Markets Inc. seeks a Trader, VP for its New York, New York location. Duties: Develop different versions of index-impact back-test engine and conduct thorough specific risk returns analysis to evaluate the performance of each strategy under various market scenarios and to determine the optimal entry, exit, and directional bets on baskets. Perform computerized analysis of sophisticated financial and other quantitative data to be used in developing client proposals and strategic plans in KDB and Python. Formulate and apply mathematical modeling and other optimizing methods to interpret this data and assist in building financial models for a variety of trading desks. Utilize quantitative analytical skills to perform financial product modeling, portfolio structuring, asset allocation, stock market return analysis, and systems development analysis. Engage with quantitative team and provide insights to improve the optimization function of the systematic trading model. Work closely with the research, trading, and sales teams to ensure cohesive and informed index management strategies. Provide clients with detailed reports and insights on upcoming index rebalances and their potential effects. Address client queries and provide support related to index methodologies and rebalancing processes. Comprehend index methodologies to understand the fundamental and quantitative characteristics to identify trading opportunity which in long term provides opportunity for profit of the team. Build and automate market participation, earnings risk, and Barra factor risk attribution reports, as well as a stock buyback database in KDB and Python. Construct an ETF candidate’s database by parsing NSCC files, to constantly identify and exploit niche indices/ETFs. Perform discounted cash flow analysis, as well as comparative and pro forma analysis, and utilize analytical skills to organize, manipulate and analyze complex numerical and statistical data and other variables to develop company valuation models and perform in-depth quantitative industry studies. Prepare and present regular reports on index performance and rebalancing outcomes to senior management. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols. Requirements: Requires a Bachelor’s degree or foreign equivalent in Applied Mathematics, Statistics or related quantitative field and 2 years of experience as a Trader, Quantitative Analyst, Trading Analysis Program Analyst or related position developing quantitative financial models and investment strategies for a global financial services institution. 2 years of experience must include: Quantitative analysis using Linear Regression, Time Series Analysis, Segmentation, Decision Tree, Monte-Carlo, Data Structures, and Dynamic Programming; Python, R, C, or MATLAB for trade analytics, back-testing, and automation; KDB and SQL for querying large datasets; Conducting statistical market trend analysis and comprehending real-time and historical data feeds, including market microstructure, demand/supply imbalances and positioning; Portfolio mathematics, including correlation matrices, linear algebra, and risk decomposition; Statistical analysis of market impact models to estimate and minimize transaction costs in trades; Selecting, configuring, and monitoring algorithms in real-time based on market conditions, focusing on constructing, pricing, executing, and hedging baskets of assets simultaneously along with risk exposure and P&L monitoring; Portfolio crossing and internal/external crossing networks; Order Management and multi-channel Execution Management Systems; and Communicating with external and internal clients. EO Employer. Wage Range: $200,000 to $250,000 Job Family Group: Institutional Trading Job Family: Trading Primary Location: New York New York United States 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 Most Relevant Skills Wholesale Lending Operations Management. Anticipated Posting Close Date: Nov 24, 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 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. #J-18808-Ljbffr