Data Scientist, Generative AI - Spread Products

Citi • New York, NY

1d

About The Position

Citi's Spread Products division stands at the forefront of capital markets, delivering essential liquidity and pioneering solutions across the global credit and securitized landscape. This dynamic and high-impact group encompasses origination, structuring, investing, lending, and market making activities across an extensive spectrum of products, including corporate and emerging market bonds, asset-backed and mortgage-backed securities (ABS/MBS), collateralized loan obligations (CLOs), and complex derivative instruments. As a core component of Citi's Markets division, we empower clients with critical capital and innovative financial instruments.
We are actively expanding our dedicated Data Science team within Spread Products, seeking an innovative Data Scientist passionate about leveraging advanced data science techniques and artificial intelligence. This is a unique opportunity to drive the development and widespread adoption of cutting-edge AI solutions, particularly in Generative AI, across all facets of our business, directly impacting trading, risk management, and client solutions in capital markets.

Requirements

• Bachelor's or Master's degree in Computer Science, Data Science, Machine Learning, Artificial Intelligence, Quantitative Finance, or a closely related quantitative field.
• Exceptional academic grounding in algorithms, data structures, software engineering principles, and computational mathematics.
• 1-5 years of progressive professional experience in AI/ML engineering, advanced software development, or data science roles, with a strong preference for backgrounds within financial services or capital markets.
• Proven track record of successfully designing, developing, and deploying robust, production-grade AI applications in complex environments.
• Deep, hands-on experience with state-of-the-art Generative AI techniques, including practical application and fine-tuning of Large Language Models (LLMs) such as GPT, Claude, Llama, or similar architectures.
• Demonstrated expertise in designing and implementing Retrieval-Augmented Generation (RAG) systems for enterprise applications.
• Practical experience with agentic frameworks and the development of autonomous coding or intelligent decision-making systems.
• Comprehensive knowledge of classical and modern machine learning algorithms, statistical modeling, and experimental design.
• Solid understanding of financial mathematics, quantitative modeling, and their application within capital markets.
• Demonstrated proficiency in Python, including experience with relevant data science libraries (e.g., Pandas, NumPy, Scikit-learn, PyTorch/TensorFlow) and software development best practices (e.g., version control, testing, clean code).
• Advanced SQL skills with experience querying and optimizing performance on large, complex datasets.

Nice To Haves

• Direct experience or strong foundational understanding of credit markets, securitized products, or other relevant financial instruments is highly advantageous.

Responsibilities

• Pioneer Generative AI Solutions: Design, develop, and deploy production-grade AI applications leveraging state-of-the-art Generative AI techniques, including Large Language Models (LLMs), Retrieval-Augmented Generation (RAG), and advanced agentic frameworks tailored for capital markets.
• Drive Workflow Transformation: Construct innovative AI/data solutions that significantly enhance workflows and operational efficiency across a diverse range of product classes, such as corporate bonds, Mortgage-Backed Securities (MBS), Collateralized Loan Obligations (CLOs), and derivative instruments.
• Advance Autonomous Systems: Architect and implement agentic coding systems capable of autonomously generating, testing, and optimizing complex financial models and analytical tools specifically for credit and securitized markets.
• Build Intelligent Interfaces: Develop intuitive conversational AI interfaces and intelligent assistants to empower originators, structurers, investors, lenders, and market makers within the Spread Products ecosystem.
• Engineer Robust Data Pipelines: Design, construct, and maintain scalable data pipelines to underpin advanced AI/ML workflows, seamlessly integrating vast datasets including real-time market data, comprehensive credit data, securitized product performance analytics, and proprietary research content.
• Seamless AI Integration: Develop robust APIs and microservices to effectively embed AI capabilities into Citi's critical capital markets, credit, and securitized product platforms.
• Optimize Data Infrastructure: Implement and optimize high-performance data storage and retrieval solutions capable of managing and processing large volumes of complex credit and securitized market data for demanding AI applications.
• Champion Data Automation: Contribute to the strategic automation and lifecycle management of data assets across the entire Spread Products business.
• Strategic Business Partnership: Actively collaborate with diverse business stakeholders across all product lines and geographies within Spread Products to identify, prioritize, and champion high-impact AI implementation opportunities.
• Quant Research Synergy: Partner closely with quantitative researchers to integrate cutting-edge AI techniques into sophisticated credit and securitization pricing, advanced risk models, and optimized portfolio management strategies.
• Regulatory Adherence & Governance: Work proactively with compliance, legal, and risk management teams to ensure all AI solutions adhere strictly to regulatory frameworks and governance requirements specific to the capital markets domain.
• Continuous Learning & Innovation: Maintain deep expertise in emerging AI technologies, methodologies, and industry trends, continuously evaluating their potential applicability and value to Spread Products' evolving business needs.
• Foster AI Community: Actively contribute to and engage with Citi's broader AI/ML community of practice, fostering knowledge sharing, best practices, and collaborative innovation across the firm.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level