Central Risk Trader, Equities

Citigroup Inc.; Greater London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading global financial services firm is seeking a Junior Equities Central Risk Trader to enhance their automated trading platform. This position involves managing a risk portfolio, executing trades, and developing risk management strategies. Ideal for candidates with a quantitative background, this role offers exposure to equities trading within a dynamic environment. Applicants should possess strong analytical skills and programming knowledge, particularly in Python and Excel, alongside a degree in a quantitative field. Comprehensive benefits and a commitment to diversity are included.

Benefits

27 days annual leave plus bank holidays

Discretional annual performance related bonus

Private Medical Care & Life Insurance

Employee Assistance Program

Pension Plan

Paid Parental Leave

Special discounts for employees, family, and friends

Qualifications

• Strong academic background in quantitative fields.
• Demonstrated interest in financial markets and risk management.
• Foundational understanding of equities and derivatives.

Responsibilities

• Manage a principal risk portfolio using an automated trading platform.
• Execute securities trades with clients and broader markets.
• Develop and implement trading strategies to minimize risk and maximize returns.

Skills

Analytical skills

Problem-solving

Communication

Programming (Python, VBA)

Data analysis

Education

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

Tools

Excel

Job description

Overview

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.

Role Overview

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.

What you will do

• 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.

What we will need from you

• 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.

What we will provide you

• 27 days annual leave (plus bank holidays)
• A discretional 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

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.

The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.

Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.

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.

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

View Citi's EEO Policy Statement and the Know Your Rights poster.

Accessibility at Citi.

View Citi's EEO Policy Statement and the Know Your Rights poster.