Commodity Index Trader, AVP, New York

Citi; New York (NY); On-site; USD 150,000 - 175,000; Full time

Job summary

A leading financial institution seeks a Trader for its New York office. This intermediate role involves managing a trading book, generating revenue, and mitigating risk while coordinating with multiple departments. Ideal candidates have 5-8 years of experience, and strong analytical as well as interpersonal skills, alongside necessary qualifications.

Benefits

Medical, dental & vision coverage

401(k)

Life, accident, and disability insurance

Wellness programs

Paid time off packages

Qualifications

• 5-8 years of experience in a related role.
• Knowledge of respective products and clients.
• Required licensing and registrations as applicable.

Responsibilities

• Assist with a trading book, manage risk, and achieve revenue targets.
• Coordinate with sales, research, and other organizations.
• Establish and maintain key relationships to deliver trades.

Skills

Analytical competency

Verbal communication

Written communication

Interpersonal skills

Risk assessment

Education

Bachelor’s degree

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

Time Type : Full time

Primary Location :

New York New York United States

Primary Location Full Time Salary Range :

150, - $175,

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 Available offerings may vary by jurisdiction, job level, and date of hire.

Anticipated Posting Close Date :

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Commodity Trader • New York New York United States