Trader

Keane & Beane, P.C.; Denver (CO); Remote; USD 200,000 - 250,000; Full time

Job summary

A leading financial institution seeks a skilled Trader for its New York office. The role involves pricing, executing derivative transactions, and developing tailored solutions for clients while ensuring compliance with regulations. Qualified candidates with a Master's in Financial Engineering or a related field and related experience will be considered. Opportunities for remote work may be available, aligning with company policies.

Benefits

Medical, dental & vision coverage

401(k)

Life, accident, and disability insurance

Wellness programs

Paid time off packages

Qualifications

• Master's degree or equivalent in relevant fields.
• Two years' experience generating trade ideas and conducting quantitative analysis.
• Experience with Monte Carlo simulations and automated processes.

Responsibilities

• Model and execute interest rate derivative transactions.
• Perform pricing and modeling for credit risk adjustment charges.
• Coordinate with sales and manage the rates portfolio.

Skills

Quantitative analysis

Programming

Statistical analysis

Data visualization techniques

Risk assessment

Education

Master's degree in Financial Engineering, Economics, or Mathematics

Tools

Linux

Python

SQL

Job description

Citibank, N.A. seeks a Trader for its New York, NY location.

DUTIES: Model, price and execute interest rate derivative transactions. Perform pricing and modelling of the credit risk adjustment charges. Actively engage in sales to present trade ideas and new solutions. Construct bespoke rates and FX derivative or financing solutions tailored to sales needs. Coordinate with sales and risk managing the rates portfolio. Develop further from trading the cover of both corporate clients and institutional investors in Americas. Possess a strong understanding of product knowledge, legal agreements for both derivative and financing transactions, accounting treatment, governing regulations, and capital requirements for the bank. Execute liquidity metrics for the bank and other related fields. Remote work may be permitted within a commutable distance from the worksite, in accordance with Citi policy.

REQUIREMENTS: Master's degree, or foreign equivalent, in Financial Engineering, Economics, Mathematics, or a related field, and two (2) years of experience in the job offered or in a related occupation. Two (2) years of experience must include: Generating trade ideas through quantitative analysis, forecast, and simulation in macro markets utilizing programming, statistical analysis, and data visualization techniques; Creating and maintaining automated processes for generating trade alerts, signals, risk reports, and performance attribution reports leveraging technical skills in Linux, Python and SQL; Utilizing modern portfolio theory and optimization techniques to create a framework for assessing risks of trading books, and optimizing capital usage and risk weighted assets to enhance the trade-off between revenue opportunity and risk taking; Identifying potential trading opportunities and sound solutions to the customer base in order to add value to the sales force; Utilizing Montecarlo simulation to perform model credit and funding value adjustments, generate potential future exposure for interest rate swaps and cross-currency swaps, calculate credit value, and fund value adjustments; and Performing data analysis, data management, risk assessment and global macro understanding. 40 hrs./wk. Applicants submit resumes at https://jobs.citi.com/ . Please reference Job ID #24732201. EO Employer.

Wage Range: $200,000.00 to $250,000.00

Job Family Group: Institutional Trading

Job Family: Trading
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Time Type:
Full time
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Primary Location:
New York New York United States
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Primary Location Full Time Salary Range:

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.
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Anticipated Posting Close Date:
May 01, 2024
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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 .