Credit Quant Trader - Assistant Vice President

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

Job summary

An established industry player is seeking a dedicated individual to join their Quant trading team. This role focuses on market making in the credit quant trading space, requiring collaboration with traders and risk management teams to achieve revenue targets. Ideal candidates will have strong analytical skills, a solid understanding of trading protocols, and the ability to communicate effectively with various stakeholders. This opportunity offers a dynamic environment where your contributions will directly impact the firm's success. If you're passionate about finance and eager to make a difference, this position is perfect for you.

Benefits

Medical coverage

Dental coverage

Vision coverage

401(k) plan

Life insurance

Disability insurance

Wellness programs

Paid time off

Qualifications

• 2-3 years of experience in trading or related roles.
• Advanced analytical and numerical skills are essential.

Responsibilities

• Assist with trading, market making, and managing risk.
• Coordinate with various teams to price trades effectively.

Skills

Analytical skills

Numerical competency

Communication skills

Interpersonal skills

Knowledge of Bloomberg

Trading protocol knowledge

Education

Bachelor's degree or equivalent experience

Tools

Bloomberg

Booking systems

Job description

The Quant trading team of Spread Products is seeking a candidate to work closely with traders and risk management teams Algorithmic Trading, Portfolio Trading, and ETF Trading. The overall objective of this role is to do market making activity in the credit quant trading space and help the team achieve revenue targets.

Responsibilities:

• Assist with trading, market making, managing risk and generating revenues
• Coordinate with Sales, Research, and various trading desks in pricing trades
• 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:

• 2-3 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: $150,000.00 - $175,000.00

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 17, 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.