Index Trader - Director - NEW YORK

Citi; New York (NY); On-site; USD 200,000 - 300,000; Full time

Job summary

An established industry player is seeking a seasoned Index Trader to lead their trading operations in New York. This senior-level role involves managing a trading book, generating revenue, and building key relationships with clients. The ideal candidate will have over 15 years of experience, strong analytical skills, and a deep understanding of trading protocols. With a focus on governance and ethical standards, this position offers a unique opportunity to shape the trading franchise while ensuring compliance and risk management. Join a dynamic team dedicated to excellence in the financial markets.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401(k) Plan

Wellness Programs

Paid Time Off

Qualifications

• 15+ years of experience in a trading role with proven success.
• Deep knowledge of products, clients, and trading books.

Responsibilities

• Oversee a trading book, manage risk, and generate revenues.
• Coordinate with sales and research to develop the trading franchise.

Skills

Analytical Skills

Communication Skills

Relationship Building

Knowledge of Trading Protocols

Numerical Skills

Education

Bachelor's Degree

Master's Degree

Tools

Bloomberg

Booking Systems

Job description

Join to apply for the Index Trader - Director - NEW YORK role at Citi

2 weeks ago Be among the first 25 applicants

Join to apply for the Index Trader - Director - NEW YORK role at Citi

Get AI-powered advice on this job and more exclusive features.

Job Description

The Trader is a senior level position responsible for overseeing a trading book and managing book risk, in coordination with the Trading team. The overall objective of this role is to ensure book trades deliver on budgeted revenues, and to coordinate with key stakeholders to develop the trading franchise.

Responsibilities:

1. Oversee a trading book as a Senior trader and generate revenues and manage risk for the respective business
2. Build and maintain a franchise and connect with key clients
3. Coordinate with Sales, Research, CMand and other organizations across Markets and Securities Services and the broader business
4. Trade a book and deliver on budgeted revenues and manage book risk
5. Establish and maintain key relationships to deliver trades to the desk
6. Anticipate client demand in each respective product/market and facilitate large client trades
7. Coordinate with desk analysts as needed and with sales to develop the franchise and mentor junior traders
8. Lead governance and controls, working with Legal, Compliance, Market and Credit Risk, Audit, Finance to ensure proper governance
9. Build a culture of responsible finance, good governance, ethics, and expense discipline
10. Assess risk/reward of transactions, considering the firm’s reputation
11. Adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services
12. Maintain all required registrations/licenses timely
13. Evaluate risks in business decisions, ensuring compliance and ethical standards

Qualifications:

1. 15+ years of experience in a related role
2. Deep knowledge of products and clients
3. Proven success in managing trading books
4. Required licenses and registrations
5. Strong analytical and numerical skills
6. Excellent communication skills
7. Effective relationship-building skills
8. Knowledge of Bloomberg, booking systems, trading protocols

Education:

1. Bachelor’s degree or equivalent; Master’s preferred

Additional Details

• Job Family Group: Institutional Trading
• Job Family: Trading
• Employment Type: Full-time
• Location: New York, NY, United States
• Salary Range: $200,000 - $300,000
• Benefits include medical, dental, vision, 401(k), insurance, wellness programs, paid time off
• Application deadline: Feb 18, 2025

Citi is an equal opportunity employer. Qualified applicants will be considered regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. For accommodations, see Accessibility at Citi. For more info, view the EEO policies and pay transparency posting.