Structurer - Commodities Index, VP

Citigroup Inc.; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading financial institution seeks a professional for commodity index development. The role involves creating systematic investment strategies and collaborating with various departments to enhance the index platform's efficiency. Candidates must possess a strong quantitative background and significant experience in commodity markets.

Qualifications

• Significant experience in commodity index development.
• Experience in structuring and executing complex index trades.
• In-depth knowledge of commodity markets.

Responsibilities

• Develop commodity investment strategies and products.
• Enhance robustness and efficiency of index platform.
• Conduct backtesting and analysis of investment ideas.

Skills

Quantitative analysis

Analytical skills

Programming skills

Knowledge of commodity markets

Education

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

Tools

Analysis tools

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

Candidates applying for this role must be aware that it is a Certified Role, subject to the Certification Regime.

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

Under the Certification Regime, certain 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, certain 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, reference checks, credit checks and other background checks.

If hired for this role, you will also be required to complete an annual declaration regarding your Fitness and Propriety.

By submitting your application, you acknowledge that you have read the information above and that you are applying for a Certified Role. You also agree to Citi carrying out any additional screening required, including permitted criminal record checks, reference checks, credit checks and any other background checks.

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Job Family Group:

Institutional Trading

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Job Family:

Structuring

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Time Type:

Full time

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