Central Risk Trader

Citigroup Inc.; City of Westminster; On-site; GBP 40,000 - 55,000; Full time

Job summary

A leading financial services firm in the UK is seeking a Junior Equities Central Risk Trader to enhance its automated trading platform. This role involves optimizing risk portfolios, utilizing hedging products, and executing trades. Candidates with a strong quantitative background and skills in programming and financial instruments are encouraged to apply. The position offers a dynamic working environment with opportunities to develop trading strategies and market insights.

Benefits

27 days annual leave

Discretionary performance-related bonus

Private medical care

Life insurance

Pension plan

Qualifications

• Strong academic background in a quantitative field.
• Demonstrated problem-solving abilities in financial contexts.
• Foundational understanding of equities and derivatives.

Responsibilities

• Manage a principal risk portfolio utilizing an automated trading platform.
• Optimize the risk portfolio using hedging products and executing trades.
• Develop and implement trading strategies to minimize risk.

Skills

Analytical skills

Problem solving

Communication skills

Programming in Python or VBA

Excel proficiency

Education

Degree in Mathematics, Computer Science, Engineering, Finance, or Economics

Job description

This role offers an exceptional opportunity for a Junior Equities Central Risk Trader to contribute to Citi's automated trading platform, which manages a portfolio of principal positions within the Equities Division. You will play a vital role in optimizing Citi's risk portfolio by utilizing a variety of hedging products and engaging in securities trades with customers and the markets. This position is ideal for an analytically driven individual eager to develop expertise in risk management, trading strategies, and market dynamics within a sophisticated, fast‑paced central risk environment. You will gain exposure to diverse aspects of equities trading and contribute to maintaining a robust and efficient trading infrastructure. This role would like suit an individual with a background in quantitative analytics with experience working in a global markets equity related role, looking to move into a more trading focused seat.

• Assist in managing a principal risk portfolio for Citi's Equities Division, utilizing an automated trading platform.
• Support the optimization of Citi's risk portfolio by employing various hedging products and executing securities trades with clients and in the broader markets.
• Contribute to the development and implementation of trading strategies that aim to minimize risk and maximize returns across the equities portfolio.
• Participate in the analysis of market data and trading performance to identify trends, opportunities, and potential risks.
• Collaborate with experienced traders and quantitative analysts to understand and refine automated trading algorithms and risk models.
• Help ensure compliance with internal risk frameworks, regulatory requirements, and best execution practices for all trading activities.
• Assist in the reporting and reconciliation of trading positions, P&L, and risk exposures, ensuring accuracy and transparency.

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self, every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

If you are actively working with clients, have a passion for relationships and want to be part of a successful global franchise - then apply today.

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required. Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime.

Certification and Regime

Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

• Honesty, integrity and reputation
• Financial soundness
• Competence and capability

In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above. This assessment will be carried out through extensive interviews, self‑disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.

Qualifications

• A strong academic background, ideally with a degree in a quantitative field such as Mathematics, Computer Science, Engineering, Finance, or Economics.
• Demonstrated strong analytical and problem‑solving skills, with a keen interest in financial markets and equities trading.
• Foundational understanding of financial instruments, particularly equities and derivatives, along with basic concepts of risk management.
• Proficiency in programming languages such as Python or VBA, and strong Excel skills for data analysis and modelling.
• Excellent communication and interpersonal skills, essential for collaborating effectively within a trading desk environment and with various internal stakeholders.
• A proactive attitude, intellectual curiosity, and the ability to learn quickly in a dynamic and challenging trading environment.

Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact. Citi's Markets business stands as a global leader, providing world‑class solutions and unparalleled access across nearly 80 countries. Our client‑facing, revenue‑generating division offers extensive trading and execution capabilities spanning diverse asset classes like Commodities, Equities, Rates, and Spread Products, alongside our market‑leading FX franchise. As a critical engine within the firm, Citi Markets empowers corporations, institutional investors, and governments with innovative financial products and services, driving global commerce and investment.

Benefits

• 27 days annual leave (plus bank holidays)
• A discretionary annual performance‑related bonus
• Private Medical Care & Life Insurance
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources