Short Term Credit Trader, VP

Citi • New York, NY

9d • $175,000 - $250,000 • Onsite

About The Position

Citi is looking for a Senior Short Term Credit Trader at the Vice President level to manage a short-term credit trading book, with a focus on Commercial Paper and institutional Yankee Certificates of Deposit, within our Markets and Securities Services business. In this role, you will drive revenue generation, manage book risk, and build the client franchise by working closely with Sales, Research, and key counterparties. This is a high-impact position for a trader who combines sharp market instincts with the discipline to operate within a structured governance environment at one of the world's leading financial institutions.

Requirements

• 2–5 years of trading experience at the Vice President level, with a focus on short-term credit products.
• Hands-on knowledge of Commercial Paper and institutional Yankee Certificates of Deposit markets, including trading protocol and closing mechanics.
• Active FINRA Series 7 and Series 63 licenses are required for this role.
• Proficiency in Bloomberg and relevant booking systems used in fixed income or money market trading environments.
• Strong analytical and numerical capability, with the ability to assess counterparty suitability and structure trades effectively.
• Clear and confident communicator, able to engage credibly with clients, sales teams, and internal stakeholders.
• Solid understanding of how financial markets function, including risk dynamics, market structure, and institutional trading conventions.

Nice To Haves

• Direct experience trading in the Commercial Paper primary or secondary market.
• Familiarity with a broad range of money market instruments and short-duration credit products beyond CP and Yankee CDs.
• Master's degree in Finance, Economics, or a related field.

Responsibilities

• Manage a short-term credit trading book, generating revenues and maintaining risk within defined parameters across Commercial Paper and institutional Yankee CD markets.
• Execute trades to meet budgeted revenue targets while actively monitoring and managing book risk on an ongoing basis.
• Anticipate client demand across short-term credit products and position the book to capture market opportunities ahead of flow.
• Build and maintain relationships with key counterparties and institutional clients to drive trade flow to the desk.
• Coordinate with Sales, Research, and desk analysts to develop the trading franchise and support client-facing activity.
• Partner with Legal, Compliance, Market Risk, Credit Risk, Audit, and Finance to uphold governance standards and maintain a sound control environment.
• Assess the risk and reward of trading decisions with clear consideration for the firm's reputation, ensuring all activity aligns with applicable regulations, policies, and Citi's Code of Conduct.

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: Senior