Electronic Futures – Product Manager

Citigroup Inc.; Greater London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading global financial services firm is seeking an Electronic Futures Product Manager in London. This role involves developing electronic execution strategies, enhancing trading performance, and engaging with institutional clients. The ideal candidate will have expertise in algorithmic execution and Trading Analytics within listed derivatives markets. The firm offers a hybrid workplace model, a competitive salary, and various benefits, including annual leave and performance bonuses.

Benefits

27 days annual leave (plus bank holidays)

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 learning and development resources

Qualifications

• Proven experience in listed derivatives markets.
• Deep understanding of market structure and microstructure.
• Strong analytical and mathematical skills.
• Experience reviewing complex trading systems.
• Confidence in engaging with institutional clients.
• Solid understanding of regulatory requirements.

Responsibilities

• Drive the design of advanced algorithmic execution strategies.
• Lead Transaction Cost Analysis to inform product development.
• Manage internal and external teams for project delivery.
• Collaborate with clients on quantitative analysis.
• Establish controls with compliance and risk managers.
• Advocate for electronic trading across asset classes.

Skills

Algorithmic execution

Trading Analytics (TCA)

Analytical skills

Client engagement

Programming in Python

Tools

Exchanges

OMS/EMS platforms

FIX protocol

Job description

Citi's global Markets business is a leading financial services provider, offering a comprehensive suite of products and services across various asset classes, including a robust Listed Derivatives platform within the wider Equities and Markets Franchise. With a strong global presence, Citi connects institutional clients, corporations, and governments to capital markets, providing innovative solutions and unparalleled market access. The firm's commitment to technological advancement and client-centric strategies drives its success in an ever-evolving financial landscape.

This position as an Electronic Futures Product Manager in London offers an exciting opportunity to shape the future of electronic execution strategies within Citi's Markets business. The role is pivotal in developing and optimizing advanced algorithmic trading solutions for futures and broader listed derivatives, influencing product roadmaps, and driving client engagement. It demands a proactive individual who can bridge technology, business, and client needs, contributing significantly to the firm's global market footprint in electronic trading.

Primary Responsibilities of the role

• Drive the design and optimization of advanced futures algorithmic execution strategies, enhancing performance and client-facing analytics.
• Lead Transaction Cost Analysis (TCA) to assess algo performance, informing product development and client solutions.
• Manage internal technology teams and external vendors to ensure timely and effective delivery of projects and initiatives in electronic trading across a complex trading architecture.
• Collaborate with clients on quantitative analysis and projects, providing expertise in electronic execution.
• Work closely with compliance and Electronic Trading risk managers to establish robust controls that protect the firm while supporting trading objectives.
• Act as an internal advocate for electronic trading across asset classes, including Cash Equities, Rates, FX, and Commodities, driving cross-functional projects.

What we need from you

• Proven experience within listed derivatives markets, including a deep understanding of market structure, microstructure, and derivative nuances.
• Expertise in algorithmic execution, Trading Analytics (TCA), and familiarity with exchanges, OMS/EMS vendors, and FIX protocol.
• Strong analytical and mathematical skills, with proficiency in Python for charting and analytics, leveraging traditional and ML techniques for data insights.
• Ability to review complex trading systems and risk platforms, identifying technical issues, algo behavior edge cases, and gaps in protective controls.
• Demonstrated confidence in engaging with institutional clients to market offerings and solving complex issues.
• Solid understanding of regulatory requirements across various jurisdictions and the ability to adhere to internal policies.

What Citi can offer you

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• 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

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.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

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