Summer Analyst

Job Description

About Citi:

Citi is a global financial services company that provides a wide range of products and services to institutional clients, corporations, and individuals in over 120 countries. They are a leading provider of financial services, including banking, investment, and advisory services, and are committed to delivering innovative solutions that meet the needs of their clients.

Quantitative Analysis Summer Analyst Program at Citi:

Citi’s Markets division is seeking Summer Analysts to join their Quantitative Analysis (QA) team in New York City. QA plays a vital role in supporting institutional clients in today’s sophisticated markets by providing technical expertise and innovative solutions.

The program is a 10-week intensive experience starting in June. The program includes:

• In-depth training: A one-week training program covering the fundamentals of QA.
• Mentorship: Assigned junior and senior mentors to guide and support you throughout the summer.
• Speaker Series: Sessions providing an overview of the department and the firm.
• Practical experience: You will work with industry-leading professionals across various product areas including Equities, FX, Rates, Commodities, and Spread Products.
• Real-world projects: You will contribute to research produced by the department by working directly with senior leadership on projects such as:
• Modeling financial products (e.g., Mortgage-backed Securities)
• Researching new financial products
• Designing and back-testing algorithmic trading strategies
• Developing relative value trade ideas
• Trading Desk Shadowing: You’ll have the opportunity to shadow multiple trading desks, observing professionals making markets in derivative instruments for institutional clients and developing risk management systems.

By the end of the program, you will have:

• Developed a comprehensive understanding of financial markets.
• Utilized quantitative methods to model market behavior.
• Applied data science techniques to analyze large-scale market data.
• Presented research to senior management within Citi Markets.

Ideal Candidate:

• GPA of 3.3 or above.
• Pursuing a Bachelor’s or Master’s degree (graduating in Fall 2025 or Spring 2026) in Quantitative Finance, Computer Science, Engineering, Mathematics, or a related field.
• Strong mathematical and programming skills.
• Excellent communication skills.

Desired Characteristics:

• Motivated, eager to learn, and have a global perspective.
• Problem solver, intellectually curious, and comfortable working independently and as part of a team.
• Able to handle multiple tasks simultaneously and work effectively under pressure.
• Detail-oriented, hardworking, confident, and comfortable interacting with clients.
• Strong statistical and mathematical abilities.

Compensation:

• $110,000 salary, plus eligible benefits.