Equities Trader

08071 Citigroup Global Markets (Proprietary) Limited; Johannesburg; Hybrid; ZAR 700 000 - 1 200 000; Full time

Job summary

Citi is seeking a Trader to oversee a trading book and manage risk while generating revenues. This senior-level role requires strong analytical skills, effective communication, and the ability to maintain key relationships. Join a global financial institution that values responsible finance and offers a hybrid working model with competitive benefits.

Benefits

Hybrid working model

Competitive base salary

Additional family benefits

Qualifications

• Knowledge of respective products and clients.
• Advance analytical and numerical competency.
• Required licensing and registrations as applicable.

Responsibilities

• Oversee a trading book and generate revenues.
• Coordinate with Sales, Research, and other organizations.
• Ensure compliance with applicable laws and policies.

Skills

Analytical

Communication

Interpersonal

Education

Bachelor’s degree

Tools

Bloomberg

Job description

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills to Citi Market's Team.

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team / Role Overview

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.

What you'll do

• Oversee a trading book and generate revenues and manage risk for the respective business
• 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
• Coordinate with desk analysts as needed and with sales to develop the franchise
• 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 judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

What we’ll need from you

• Knowledge of respective products and clients
• Required licensing and registrations as applicable
• Advance analytical and numerical competency
• Consistently demonstrates clear and concise written and verbal communication
• Effective interpersonal skills to develop and maintain 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
• Bachelor’s degree / University degree or equivalent experience

What we can offer you

By joining Citi South Africa, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed) and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well.

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.