G10 Trader (AVP / VP), FX Options (Hybrid, NYC)

00002 Citibank, N.A.; New York (NY); On-site; USD 175,000 - 250,000; Full time

Job summary

A leading financial institution is seeking a G10 Trader based in New York to manage FX option risks and coordinate with key stakeholders to meet revenue goals. The ideal candidate will have 4-8 years of relevant experience and demonstrate strong analytical and communication skills, as well as a thorough understanding of financial products.

Benefits

Medical, dental & vision coverage

401(k) plan

Life, accident, and disability insurance

Wellness programs

Paid time off packages

Qualifications

• 4-8 years of experience in a related role.
• Required licensing and registrations as applicable.
• Consistently demonstrates clear and concise written and verbal communication.

Responsibilities

• Manage FX option risk and deliver on budgeted revenues.
• Coordinate with Sales and other organizations to develop the trading franchise.
• Assess risk/reward of transactions and comply with governance.

Skills

Advanced analytical competency

Numerical competency

Interpersonal skills

Clear communication

Knowledge of respective products

Education

Bachelor’s degree / University degree

Tools

Bloomberg

Job description

The G10 Trader will focus on PacRim currency block, working under the desk head in New York and be part of a global portfolio to meet revenue and client goals. They will be responsible for managing FX option risk and making prices to our franchise in vanilla and exotic products, in coordination with the Trading team. The overall objective of this role is to ensure the book delivers on budgeted revenues, and to coordinate with key stakeholders to develop the trading franchise.

Responsibilities :

• Coordinate with Sales, Research, CM 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 :

• 4-8 years of experience in a related role
• Knowledge of respective products and clients
• Required licensing and registrations as applicable
• Advance 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

The advertised job description and details are for a VP level Trader. We are open to considering seasoned AVP talent for this need at the AVP level.

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 :

175, - $250,

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.

Please see the requirements listed above.

Other Relevant Skills

For complementary skills, please see above and / or contact the recruiter.

Anticipated Posting Close Date :

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