Short Term Credit Trader, VP

Citi; New York (NY); On-site; USD 175,000 - 250,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

401(k)

Paid time off

Job summary

Citi is seeking a Senior Short Term Credit Trader at the Vice President level to manage a trading book focused on Commercial Paper and institutional Yankee CDs. The role involves driving revenue generation, managing risk, and collaborating with various teams.

With 2–5 years of experience required, applicants must hold FINRA licenses and demonstrate strong analytical capabilities. Benefits include competitive compensation and career progression opportunities.

Qualifications

• 2–5 years of trading experience at the Vice President level.
• Active FINRA Series 7 and Series 63 licenses required.
• Strong analytical and numerical capability.

Responsibilities

• Manage a short-term credit trading book and generate revenue.
• Execute trades while managing book risk.
• Build and maintain relationships with institutional clients.

Skills

Trading experience

Knowledge of Commercial Paper

Client communication

Analytical skills

Education

Master's degree in Finance, Economics, or related field

Tools

Bloomberg

Job description

Citi is looking for a Senior Short Term Credit Trader at the Vice President level to manage a short-term credit trading book, with a focus on Commercial Paper and institutional Yankee Certificates of Deposit, within our Markets and Securities Services business. In this role, you will drive revenue generation, manage book risk, and build the client franchise by working closely with Sales, Research, and key counterparties. This is a high-impact position for a trader who combines sharp market instincts with the discipline to operate within a structured governance environment at one of the world's leading financial institutions.

Responsibilities

• Manage a short-term credit trading book, generating revenues and maintaining risk within defined parameters across Commercial Paper and institutional Yankee CD markets.
• Execute trades to meet budgeted revenue targets while actively monitoring and managing book risk on an ongoing basis.
• Anticipate client demand across short-term credit products and position the book to capture market opportunities ahead of flow.
• Build and maintain relationships with key counterparties and institutional clients to drive trade flow to the desk.
• Coordinate with Sales, Research, and desk analysts to develop the trading franchise and support client-facing activity.
• Partner with Legal, Compliance, Market Risk, Credit Risk, Audit, and Finance to uphold governance standards and maintain a sound control environment.
• Assess the risk and reward of trading decisions with clear consideration for the firm's reputation, ensuring all activity aligns with applicable regulations, policies, and Citi's Code of Conduct.

Required Qualifications & Skills

• 2–5 years of trading experience at the Vice President level, with a focus on short-term credit products.
• Hands‑on knowledge of Commercial Paper and institutional Yankee Certificates of Deposit markets, including trading protocol and closing mechanics.
• Active FINRA Series 7 and Series 63 licenses are required for this role.
• Proficiency in Bloomberg and relevant booking systems used in fixed income or money market trading environments.
• Strong analytical and numerical capability, with the ability to assess counterparty suitability and structure trades effectively.
• Clear and confident communicator, able to engage credibly with clients, sales teams, and internal stakeholders.
• Solid understanding of how financial markets function, including risk dynamics, market structure, and institutional trading conventions.

Beneficial Skills & Qualifications

• Direct experience trading in the Commercial Paper primary or secondary market.
• Familiarity with a broad range of money market instruments and short‑duration credit products beyond CP and Yankee CDs.
• Master's degree in Finance, Economics, or a related field.

What We Offer

• Ownership of a live trading book with direct accountability for revenue generation and risk management from day one.
• Exposure to a broad institutional client base and the opportunity to develop lasting counterparty relationships across the short-term credit market.
• A collaborative trading environment where you work alongside experienced professionals across Sales, Research, and Risk.
• Access to Citi's global markets infrastructure, including best-in-class systems, data, and analytical tools.
• Clear pathways for career progression within Citi's Markets and Securities Services business.
• Competitive compensation aligned to seniority, performance, and market benchmarks.
• An onsite working environment that keeps you connected to the desk, the team, and the market.

Apply now to bring your short-term credit trading expertise to a global platform where your decisions shape real market outcomes.

Primary Location: New York, United States. Salary Range: $175,000.00 – $250,000.00. Additional incentives may include discretionary and formulaic awards. Benefits include medical, dental, vision coverage; 401(k); life, accident, disability insurance; wellness programs; paid time off (vacation, sick leave); paid holidays.

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. 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. View Citi’s EEO Policy Statement and the Know Your Rights poster.