IFT NAM Trading Desk Head, Equities
About The Position
The IFT NAM Trading Desk Head is a senior-level position responsible for managing a desk of Traders and ensuring revenue goals are met. The role develops and implements a business plan to achieve targets set by the Global Head of the business while managing risk and maintaining controls. The role leads the trading team and desk operation, develops risk and trading infrastructure, coordinates with control functions, and partners with Finance on annual financial planning. It also oversees hiring, talent development, performance management, resource allocation, and governance. The position requires adherence to Citi’s Code of Conduct, applicable policies and regulations, required registrations and licenses, and sound risk and control practices.
Requirements
- 15+ years of experience in a related role.
- In-depth knowledge of respective products and clients.
- Proven history of successful trading book management.
- Consistently clear and concise written and verbal communication.
- Bachelor’s degree, university degree, or equivalent experience.
- Assess risk appropriately in business decisions and demonstrate consideration for the firm’s reputation.
- Adhere to applicable laws, rules, regulations, policies, and ethical standards.
Nice To Haves
- Required licensing and registrations, as applicable, preferred.
- Master’s degree preferred.
Responsibilities
- Define goals and objectives and develop a trading team that builds a cohesive, client-centric product offering; manage officer title distribution.
- Develop and manage risk and trading infrastructure, including portfolio risk, and ensure risks are correctly represented.
- Coordinate with control functions to ensure regulatory compliance and partner with Finance on annual financial planning.
- Recruit and retain experienced hires and campus talent in coordination with HR, promoting a diverse and talented workforce.
- Optimize resource allocation and manage the technological development of the trading desk operation.
- Set stretch goals and conduct performance reviews to support high performance, meritocracy, ownership, and accountability among Traders.
- Provide input to compensation, promotion, talent pipeline and mobility, talent reviews, succession planning, and training.
- Partner closely with Legal, Compliance, Market and Credit Risk, Audit, Finance, and other control functions to ensure appropriate governance and control infrastructure.
- Build a culture of responsible finance, good governance and supervision, expense discipline, and ethics.
- Assess transaction risk and reward when making business decisions and ensure team members appropriately consider the firm’s reputation.
- Follow Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services, and ensure team members do the same.
- Adhere to policies and procedures applicable to the role.
- Obtain and maintain required registrations and licenses within the appropriate timeframe.
- Safeguard Citigroup, its clients, and assets by driving compliance with applicable laws, rules, and regulations; applying sound ethical judgment; escalating, managing, and reporting control issues transparently; supervising others; and holding those who fail to meet standards accountable.
Benefits
- Medical, dental, and vision coverage.
- 401(k).
- Life, accident, and disability insurance.
- Wellness programs.
- Paid time off, including vacation, sick leave, and paid holidays.
- Eligible employees may receive discretionary and formulaic incentive and retention awards.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
