The Trader will be responsible for managing the SSA desk’s overall risk and client franchise. The objective of this role is to ensure the desk delivers on budgeted revenues and to coordinate with key stakeholders to develop and enhance the trading franchise.
Responsibilities:
- Principal Market Maker in EUR SSA and covered bonds, both primary and secondary, with willingness to learn and back up for USD SSA and GBP SSA
- Build and maintain a franchise and connect with key clients.
- Coordinate with Sales, Research, DCM and other organisations across Markets and Securities Services and the broader business
- Trade a book, deliver on budgeted revenues, and manage risk within limits.
- 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 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.
Qualifications:
- Relevant experience
- In-depth knowledge of respective products and clients
- Proven history of successful trading book management
- 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 analyse and pitch situations and determine suitable counterparties.
- Knowledge of Bloomberg, booking systems, trading protocol, closing technicalities
Education:
- Bachelor’s degree/University degree or equivalent experience.
- Master’s degree preferred.
Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime.
The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.
Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.
Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:
• Honesty, integrity and reputation
• Financial soundness
• Competence and capability
In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above.
This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.
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Job Family Group:
Institutional Trading
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Job Family:
Trading
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Time Type:
Full time
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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.
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