Quantitative Trader, AVP, Rates

Discover your future at Citi

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Job Overview

The Rates AVP level Quantitative Trader is an intermediate-level position responsible for leveraging their market analysis experience to develop, create, and implement a trading book while mitigating risk and driving revenue targets. This is a unique opportunity to join a new and evolving arm as a key player within our Rates Trading team. We are seeking an individual who combines a strong quantitative and market analyst profile with a basic understanding of trading, focused on developing and implementing cutting-edge systematic strategies. This role offers an unparalleled opportunity to co-own a book of business that directly impacts revenue, fostering an entrepreneurial mindset through a Quant lens.

Responsibilities:

• Assist with a trading book, generate revenues, and manage risk for the respective business, leveraging systematic and semi-systematic approaches.
• Develop and implement quantitative trading strategies, contributing to the firm's systematic strategy framework.
• Design, build, and maintain robust tools and infrastructure to support quantitative research, trading, and Market Quantitative Analysis (MQA) processes.
• Coordinate with Sales, Research, Capital Markets, and other organizations across Markets and Securities Services and the broader business.
• Trade a book, deliver on budgeted revenues, and manage book risk.
• Establish and maintain key relationships to deliver trades to the desk.
• Anticipate client demand in each respective product/market.
• Coordinate with desk analysts as needed and with sales to develop the franchise.
• Lead strong governance and controls: Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance in order to ensure appropriate governance and control infrastructure.
• Build a culture of responsible finance, good governance and supervision, expense discipline and ethics.
• Appropriately assess risk/reward of transactions when making business decisions, demonstrating proper consideration for the firm's reputation.
• Be familiar with and adhere to Citi's Code of Conduct and the Plan of Supervision for Global Markets and Securities Services.
• Adhere to all policies and procedures as defined by your role which will be communicated to you.
• Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe.
• Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

• Experience: 2-5 years of experience in a related role.
• Quantitative Background & Markets Acumen: Advanced analytical and numerical competency with a strong quantitative background (e.g., in Mathematics, Physics, Computer Science, or Quantitative Finance) and demonstrable markets acumen.
• MQA and Algorithmic Trading: Proven experience in Market Quantitative Analysis (MQA) and algorithmic trading ('Algo space').
• Systematic & Semi-Systematic Strategies: Demonstrated experience in developing and implementing systematic trading strategies. Experience with semi-systematic approaches is highly preferred.
• Tool Building & Coding: Strong programming skills (e.g., Python, C++, Java) with practical experience in building robust infrastructure tools for quantitative research and trading.
• Trading Experience: Direct trading experience or strong exposure to trading environments is preferred.
• Consistently demonstrates clear and concise written and verbal communication.
• Effective interpersonal skills to develop and maintain relationships with internal and external stakeholders.
• Ability to analyze and pitch situations and determine suitable counterparties.
• Knowledge of Bloomberg, booking systems, trading protocol, and closing technicalities.

Education:

• Bachelor's degree/University degree or equivalent experience.

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Job Family Group:

Institutional Trading

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Job Family:

Trading

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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:

$150,000.00 - $175,000.00

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.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Anticipated Posting Close Date:

Oct 28, 2025

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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.

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