AVP Trader

Citi; New York (NY); On-site; USD 45,000 - 206,000; Full time

Job summary

An established industry player is seeking a Trader to join their dynamic team in New York. This exciting role involves managing a trading book, mitigating risks, and driving revenue targets while collaborating with various departments. The ideal candidate will have 5-8 years of experience in trading or a related field and possess strong analytical skills. Join a forward-thinking company that values responsible finance and offers a comprehensive benefits package, including medical coverage and paid time off. If you're ready to make an impact in a fast-paced environment, this opportunity is for you.

Benefits

Medical coverage

Dental coverage

Vision coverage

401(k) plan

Life insurance

Disability insurance

Wellness programs

Paid time off

Paid holidays

Qualifications

• 5-8 years of experience in a trading or related role.
• Required licensing and registrations as applicable.

Responsibilities

• Assist with trading book, managing risk and generating revenue.
• Coordinate with various teams to deliver trades and meet client demand.

Skills

Advanced analytical skills

Numerical competency

Effective communication

Interpersonal skills

Knowledge of Bloomberg

Understanding of trading protocols

Education

Bachelor's degree or equivalent experience

Tools

Bloomberg

Booking systems

Job description

The Trader is an intermediate level position responsible for assisting with a trading book and mitigating risk, in coordination with the Trading team. The overall objective of this role is to process trades for a trading book and achieve revenue targets.

Responsibilities:

• Assist with a trading book and generate revenues and manage risk for the respective business.
• Coordinate with Sales, Research, CMand and other organizations across Markets and Securities Services and the broader business.
• Trade a book and deliver on budgeted revenues and manage book risk.
• Establish and maintain key relationships to deliver trades to the desk.
• Anticipate client demand in each respective product/market.
• Coordinate with desk analysts as needed and with sales to develop the franchise.
• Leading strong governance and controls:
• Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance in order to ensure appropriate governance and control infrastructure.
• Build a culture of responsible finance, good governance and supervision, expense discipline and ethics.
• Appropriately assess risk/reward of transactions when making business decisions; demonstrating proper consideration for the firm's reputation.
• Be familiar with and adhere to Citi's Code of Conduct and the Plan of Supervision for Global Markets and Securities Services.
• Adhere to all policies and procedures as defined by your role which will be communicated to you.
• Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

• 5-8 years of experience in a related role.
• Knowledge of respective products and clients.
• Required licensing and registrations as applicable.
• Advanced analytical and numerical competency.
• Consistently demonstrates clear and concise written and verbal communication.
• Effective interpersonal skills to develop and maintain relationships with internal and external stakeholders.
• Ability to analyze and pitch situations and determine suitable counterparties.
• Knowledge of Bloomberg, booking systems, trading protocol, closing technicalities.

Education:

• Bachelor's degree/University degree or equivalent experience.

Job Family Group:

Institutional Trading

Job Family:

Trading

Primary Location:

New York, New York, United States

Primary Location Full Time Salary Range:

$45,440.00 - $205,200.00

In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

Anticipated Posting Close Date:

Apr 03, 2024

Citi is an equal opportunity and affirmative action employer. Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. 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.