Senior Quantitative Model Developer

Welcome to Citi, where we are committed to providing innovative financial solutions to our clients. We are currently seeking a highly skilled and experienced Senior Quantitative Model Developer to join our team. In this role, you will have the opportunity to utilize your quantitative expertise to develop complex models that drive critical business decisions and support our global operations. We are looking for a driven and analytical individual who thrives in a fast-paced environment and is passionate about utilizing cutting-edge techniques to solve complex financial problems. If you have a strong background in quantitative analysis, a track record of developing successful models, and a desire to be a part of a dynamic and collaborative team, we encourage you to apply for this exciting opportunity.

1. Develop and implement complex financial models that support critical business decisions and drive global operations.
2. Utilize advanced quantitative techniques to analyze large datasets and provide insights on market trends and client behavior.
3. Collaborate with cross-functional teams to understand business needs and develop innovative solutions that meet those needs.
4. Continuously monitor and improve existing models to ensure accuracy and relevance in a rapidly changing market.
5. Stay up-to-date with industry best practices and incorporate new techniques into model development.
6. Communicate complex quantitative concepts and findings to non-technical stakeholders in a clear and concise manner.
7. Conduct thorough testing and validation of models to ensure they meet regulatory and internal standards.
8. Proactively identify and mitigate potential risks associated with model development and implementation.
9. Mentor and provide guidance to junior team members to enhance their technical skills and knowledge.
10. Collaborate with other teams and departments to ensure alignment of models with overall business strategies.
11. Participate in industry events and conferences to stay informed on the latest developments in quantitative analysis and modeling.
12. Adhere to company policies and procedures, as well as regulatory guidelines, in all model development and implementation activities.

According to JobzMall, the average salary range for a Senior Quantitative Model Developer in New York, NY, USA is between $120,000 and $180,000 per year. However, this can vary depending on factors such as the company, industry, and level of experience.

Some other factors that may affect the salary range for a Senior Quantitative Model Developer in New York, NY include:

• Size and reputation of the company/organization: Larger and more established companies tend to offer higher salaries for senior positions.
• Industry: The industry in which the company operates can also impact salary ranges. For example, a Senior Quantitative Model Developer working in the finance or technology industries may earn a higher salary compared to one working in the healthcare industry.
• Education and experience: A higher level of education and/or more years of experience can lead to a higher salary range for a Senior Quantitative Model Developer.
• Skills and certifications: Specialized skills and certifications, such as knowledge of programming languages or financial modeling, can also increase a Senior Quantitative Model Developer's earning potential.
• Location: Salaries can vary based on the cost of living in a particular city or region. In general, major cities like New York tend to offer higher salaries for senior positions compared to smaller cities or rural areas.

Citigroup, Inc. is a global financial services holding company specializes in banking and financial solutions. It offers a range of products and services among individuals, corporations, governments and institutions such as savings, checking, online banking, individual retirements accounts, credit cards; personal, student, and commercial real estate loans, cash management services, home equity, and bill consolidation, as well as online banking services, cash management, transactions, trade, securities, and fund services.