Western Power Trader Director: Lead Book & Risk

Citigroup Inc.; Houston, Northern (TX, KY); Hybrid; USD 200,000 - 300,000; Full time

Benefits offered by this job

Medical, dental & vision coverage

401(k)

Wellness programs

Job summary

Citigroup Inc. in Houston, TX seeks a Senior Trader to oversee a trading book in North American Power markets and manage risk while driving revenues. You will collaborate with Sales, Research, and other desks to expand the franchise and mentor junior traders.

The role requires 15+ years in power trading, strong analytical skills, and deep market knowledge, with a focus on governance and compliance. Competitive compensation and benefits offered.

Qualifications

• 15+ years of experience in a related role trading North American Power.
• In-depth knowledge of respective products and clients.
• Proven history of successful trading book management.
• Deep understanding of the Power Markets in the Western USA including CAISO, EDAM, WEIM, and SPP.
• Required licensing and registrations as applicable.
• Advanced analytical and numerical competency.
• Clear and concise written and verbal communication.
• Strong interpersonal skills to develop 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.

Responsibilities

• Oversee a trading book as a Senior trader and generate revenues and manage risk for the respective business in the Western USA Power Markets.
• Build and maintain a franchise and connect with key clients.
• Coordinate with Sales, Research, CMand 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 and facilitate large client trades.
• Coordinate with desk analysts as needed and with sales to develop the franchise and manage and mentor junior traders as needed.
• 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 judgement regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Skills

Power trading

Risk management

Client relationships

Analytical ability

Communication skills

Regulatory compliance

Education

Bachelor’s degree/University degree or equivalent experience

Master’s degree preferred

Tools

Bloomberg

Trading systems

Job description

Citigroup Inc. in Houston, TX seeks a Senior Trader to oversee a trading book in North American Power markets and manage risk while driving revenues. You will collaborate with Sales, Research, and other desks to expand the franchise and mentor junior traders.

The role requires 15+ years in power trading, strong analytical skills, and deep market knowledge, with a focus on governance and compliance. Competitive compensation and benefits offered.