Trader

Citi • New York, NY

2d • $300,000 - $300,000 • Hybrid

About The Position

Citigroup Global Markets Inc. seeks a Trader, Director for its New York, New York location. Duties: Generate revenues for the central risk desk. Book trades in cash equities for the purpose of providing liquidity to clients, risk management, and anticipating client demand. Coordinate with sales department and other organizations across the markets and securities services and the broader business to provide guidance regarding market activity. Research and develop novel strategies, and engineer improvements to existing asset pricing and risk management strategies. Utilize numerical methods and mathematical concepts to employ robust market risk management and client service. Stay abreast of market events and developments in quantitative finance to remain on the forefront of innovation A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.

Requirements

• Requires a Bachelor’s degree, or foreign equivalent, in Engineering (any), Finance, Mathematics, or related quantitative field and 5 years of progressively responsible, post-baccalaureate experience as a Trader, or related position involving trading strategies within the financial services industry.
• 5 years of experience must include: External regulatory frameworks; Measuring performance targets; P/L targets; Managing trading positions; Monitoring limit utilization; and Ensuring accurate trade capture
• At least 2 years of experience must include: Knowledge of Financial market structure in global equities; Knowledge of equity markets and drivers of asset returns; Portfolio risk optimization including hedging and managing risk; Signal processing and time series analysis; and Designing and executing business strategies for quantitative trading.

Responsibilities

• Generate revenues for the central risk desk.
• Book trades in cash equities for the purpose of providing liquidity to clients, risk management, and anticipating client demand.
• Coordinate with sales department and other organizations across the markets and securities services and the broader business to provide guidance regarding market activity.
• Research and develop novel strategies, and engineer improvements to existing asset pricing and risk management strategies.
• Utilize numerical methods and mathematical concepts to employ robust market risk management and client service.
• Stay abreast of market events and developments in quantitative finance to remain on the forefront of innovation

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees