G10/ LM FX Linear / STIRT Trader, VP/ Director

Citi • New York, NY

8d • Onsite

About The Position

The FX Trader will be responsible for executing foreign exchange trades, managing risk exposure, and contributing to the overall profitability of the FX trading desk. The ideal candidate will possess a deep understanding of global financial markets, strong analytical capabilities, and a proven track record in FX trading. This role requires quick decision-making, a strong sense of urgency, and the ability to thrive in a fast-paced, high-pressure environment.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, Computer Science, or a related quantitative field.
• Minimum of [X] years of experience in FX trading, preferably at a major financial institution or hedge fund.
• Demonstrated experience in managing a trading book and generating consistent profits.
• Proficiency in various FX products, including spot, forwards, swaps, and options.
• 3-5 years of experience in a related role
• Knowledge of respective products and clients
• Required licensing and registrations as applicable
• Advanced analytical and numerical competency
• Ability to analyze and pitch situations and determine suitable counterparties
• Knowledge of Bloomberg, booking systems, trading protocol, closing technicalities

Nice To Haves

• Master's degree or CFA designation is a plus.
• Programming Skills: Experience with programming languages such as Python, R, or VBA for data analysis and strategy development is highly desirable.

Responsibilities

• Execute foreign exchange spot, forward, swap, and option trades efficiently and accurately on behalf of the firm and its clients.
• Continuously monitor global economic indicators, geopolitical events, and market trends to identify trading opportunities and anticipate market movements.
• Manage proprietary trading positions within established risk limits, utilizing various hedging strategies to mitigate potential losses.
• Contribute to the profitability of the FX desk by generating trading revenue and managing costs effectively.
• Develop and implement effective trading strategies and models, adapting to changing market conditions and regulatory environments.
• Act as a market maker, providing competitive quotes and liquidity to clients and internal desks.
• Collaborate with sales and relationship management teams to service client needs, provide market insights, and assist in developing client relationships.
• Ensure all trading activities adhere to internal policies, industry regulations, and legal requirements.
• Leverage advanced trading platforms, algorithms, and analytical tools to enhance trading performance and efficiency.
• Prepare and present trading reports, performance analysis, and market commentaries to senior management.

Benefits

• medical, dental & vision coverage
• 401(k)
• life, accident, and disability insurance
• wellness programs
• paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.

What This Job Offers

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