Quantitative Model Developer

3 days ago


Mississauga, Ontario, Canada Citigroup Inc. Full time
Job Title: Sr Quantitative Model Developer

Citigroup Inc. is seeking a highly skilled Sr Quantitative Model Developer to join our team. As a key member of our risk analytics group, you will be responsible for developing and maintaining complex economic models to support our firm-wide regulatory processes.

Key Responsibilities:
  • Lead the development of best-in-class models for macroeconomic concepts, such as GDP, unemployment, and interest rates.
  • Conduct rigorous analytical research to identify causal drivers and support methodological approaches.
  • Provide expert guidance on econometrics and statistical testing.
  • Collaborate with junior model developers to ensure successful project delivery.
  • Produce macroeconomic scenario forecasts for regulatory processes, such as CECL and CCAR.
  • Utilize Python to build and test statistical models, with a focus on clean, efficient, and well-documented code.
  • Communicate results to diverse audiences, including senior management and external stakeholders.
Requirements:
  • 4+ years of post-PhD work experience or 6+ years of post-Master's work experience.
  • Strong understanding of quantitative model development approaches, preferably obtained through model development experience at a peer financial institution.
  • Experience as a lead model developer, including mentoring and guiding junior developers.
  • Very strong knowledge of econometrics, with some knowledge of time series econometrics.
  • Practical experience writing programs to build and test predictive models.
  • Proficient in Python.
  • Solid understanding of economic concepts.
  • Consistently demonstrates clear and concise written and verbal communication skills.
Education:
  • Master's degree required, Ph.D. preferred.

Citigroup Inc. is an equal opportunity and affirmative action employer. We welcome applications from qualified candidates without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.



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