Structurer - Commodities Index, VP

Citi; Greater London; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading financial institution is seeking a candidate to develop cutting-edge commodity investment strategies and enhance the robustness of their index platform. The ideal candidate will have a quantitative degree along with significant experience in commodity index development and complex trading. Key responsibilities include collaborating across departments to transform investment ideas into viable products, and leveraging programming and analytical skills. The role offers a challenging environment for those driven to excel in the finance industry.

Qualifications

• Significant experience in commodity index development is required.
• Experience of structuring and executing complex index trades.

Responsibilities

• Develop commodity investment strategies collaborating with various departments.
• Enhance robustness and efficiency of the index platform.
• Backtest and analyze investment ideas proactively.
• Work to turn ideas into sellable products.

Skills

Quantitative analysis

Programming skills

Knowledge of commodity markets

Education

Quantitative / technical degree (maths, physics, computer science)

Tools

Analysis tools for complex modelling

Job description

Job Purpose

The purpose of the job is to help build on the recent successes in the Citi Commodity index space, in order to make Citi a leading player in this space, through:

• developing cutting-edge systematic investment strategies, using Commodity futures and options as the building blocks, working with trading, sales, and structuring;
• proposing sophisticated analyses on existing and new indices to improve their marketability;
• improving the resilience of the platform through working with trading, IT, quants;
• helping to originate business through pitching the ideas to sales and potentially clients.

Job Background / Context

Commodity indices are a growing business at Citi, in a rapidly evolving market: sophisticated investors are increasingly interested in more complex risk premia-based approaches.

The resulting business opportunity is significant – but the need for increasingly sophisticated indices and analyses mean that our team is too lightly staffed to capture the opportunity.

Key Responsibilities

• Development of commodity investment strategies and products, collaborating with sales, structuring, trading, research, IT and quantitative analysis;
• Working to enhance robustness and efficiency of index platform, moving towards more automated processes and applying an industrial and scalable approach to the full product lifecycle;
• Backtesting and in-depth analysis of investment ideas proactively and in response to investor queries;
• Working with various departments (legal, sales, trading, research, IT and quantitative analysis) to turn ideas into products which can be sold and traded.

Knowledge / Experience

• Significant experience in commodity index development is an absolute pre-requisite;
• Experience of structuring and executing complex index trades.

Skills

• Individual must be highly quantitative and analytical;
• Critical: in-depth programming skills and experience of using a wide variety of analysis tools to perform complex modelling;
• Critical: knowledge and understanding of commodity markets.

Qualifications

• Quantitative / technical degree, i.e. maths, physics, computer science, from a top-tier university.

Competencies

• Individual must be highly driven, self-motivated;
• Team player;
• Keen to work with other groups to develop best in class products and grow the index business.

Equal Opportunity Employer

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.

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