Trader

Citigroup Inc.; New York (NY); Hybrid; USD 200,000 - 250,000; Full time

Job summary

Citigroup Global Markets Inc. seeks a Trader for its New York, NY location. You will work with Spread Products desks and Independent Risk to manage market risk, capital, and hedging for Agency and Non-Agency products.

The role emphasizes data analysis, automation via Python/SQL, and collaboration across risk, finance, and tech teams. Requirements include a Master’s degree in a related field or 6+ years of experience, with deep knowledge of MBS, TBAs, CMOs, ABS, CMBS, RMBS, CLO, and risk models

Qualifications

• Master's degree or foreign equivalent in Business Analytics, Finance, Statistics, Economics, or related field.
• 4 years of experience in Market Risk/Trading or related role involving MBS and ABS at a global financial institution.
• Alternative: Bachelor's degree and 6+ years of progressive experience in the stated fields.

Responsibilities

• Identify, monitor, and manage market risk and capital for Agency and Non-Agency Backed products.
• Design hedging strategies and monitor drivers of market movements across asset classes.
• Collaborate with trading desks and key risk/finance/tech partners to optimize risk-weighted assets.
• Automate manual processes and improve data accuracy using Python and related tools.
• Contribute to Regulatory/ Audit meetings and CCAR/ stress testing scenarios.

Skills

Mortgage-backed securities

Agency CMOs

Non-Agency securities (ABS, CMBS, RMBS

CLO

Python

SQL

VBA

Bloomberg

Intex

Stress testing

VaR

Regulatory capital (CCAR)

Education

Master's degree in Business Analytics, Finance, Statistics, Economics, or related field

Bachelor's degree with 6+ years relevant experience

Tools

Python

SQL

VBA

Bloomberg

Intex

Job description

## TraderApply: Hybrid: New York New York United States: Full time: Posted Today: End Date: November 30, 2026 (30+ days left to apply): 261001042Citigroup Global Markets Inc. seeks a/ Trader for its New York, New York location.Duties: Work closely with Spread Products Trading Desks and Independent Risk Management to identify, monitor, and manage market risk and capital, with a focus on Agency and Non-Agency Backed products. Identify key market risks within Citi's trading inventory with consideration of key market themes and environments through data analysis and presentation. Help design appropriate hedging strategies as needed. Closely track performance of products on a regular basis, understand the drivers of market movements across different asset classes, analyze notable trends to form relative value and forward-looking view of material, concentration, and emerging risks. Collaborate extensively with trading desks to strategically manage and proactively optimize Risk Weighted Assets across various methodologies, including standardized charges, stress losses, and Value-at-Risk. Improve team efficiency by automating manual process Python and enhanced data accuracy and integrity. Support Spread Products Business Heads to analyze their return on capital and risk appetite ratios. Work with partners in Independent Risk (2nd Line of Defense), Finance and Technology to manage regulatory capital related deliverables for Spread Products. Work with Quantitative Analytics Technology teams and other stakeholders to enhance existing pricing and risk models, automate manual processes and improve existing risk and capital infrastructure. Work closely with Independent Risk in sizing appropriate risk limits for the overall business and monitor risk limit utilizations across businesses. Strengthen risk monitoring, control, and governance process within the business. Represent Agency and Non-Agency businesses providing SME input on market risk in Regulatory/Audit Meetings, Stress Testing scenario design/CCAR/other regulatory workstreams. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols. Requirements: Requires a Master’s degree, or foreign equivalent in Business Analytics, Finance, Statistics, Economics, or related field and 4 years of experience as a Market Risk Manager, Program Analyst, First Line Risk Manager, Trader, or related position involving Mortgage backed securities and Asset backed securities at a global financial institution. Alternatively, employer will accept a Bachelor degree in the stated fields and 6 years of the specified progressively responsible, post-baccalaureate experience. Four (4) years of experience must include: In-depth knowledge in Mortgage-backed securities, including TBAs, Specified Pools, Agency CMOs, IO/IIO, and in Non-Agency securities including ABS, CMBS, RMBS, and CLO, as well as residential loan and commercial real estate loans; Financial Engineering; Statistics principles for analyzing market data and risk, and understanding pricing model; Stress testing scenario design; Data Analysis and processing of large data sets including trading volumes, market data, and risk positioning; Python/SQL/VBA; Basel Capital Rules and CCAR, VaR, RWA; and Bloomberg, Intex. Applicants submit resumes at https://jobs.citi.com/. Please reference Job ID #261001042. EO Employer.Wage Range: $200,000 to $250,000Job Family Group: Institutional TradingJob Family: Trading