Citigroup Inc. logo

Investment Grade Trader - Vice President

Citigroup Inc.New York, NY

$175,000 - $250,000 / year

Automate your job search with Sonara.

Submit 10x as many applications with less effort than one manual application.1

Reclaim your time by letting our AI handle the grunt work of job searching.

We continuously scan millions of openings to find your top matches.

pay-wall

Overview

Schedule
Full-time
Career level
Executive
Remote
On-site
Compensation
$175,000-$250,000/year
Benefits
Health Insurance
Dental Insurance
Vision Insurance

Job Description

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.

Our Markets business provides customized solutions that support the diverse investment and transaction strategies of corporations, governments, investors and intermediaries globally. The strength of our sales and trading distribution capabilities span asset classes and currencies, sectors and products including Equities, Spread Products, Commodities, Rates and Currencies with a physical presence of trading floors in almost 80 countries.

Responsibilities:

  • Oversee a trading book as a Senior trader and generate revenues and manage risk for the respective business
  • 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 judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

  • 15+ years of experience in a related role
  • 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 analyze 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

Citi's efforts with compliance with regulatory guidelines require the successful candidate to work full time in the primary office location (Resident).

  • -----------------------------------------------------

Job Family Group:

Institutional Trading

  • -----------------------------------------------------

Job Family:

Trading

  • -----------------------------------------------------

Time Type:

Full time

  • -----------------------------------------------------

Primary Location:

New York New York United States

  • -----------------------------------------------------

Primary Location Full Time Salary Range:

$175,000.00 - $250,000.00

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.

  • -----------------------------------------------------

Anticipated Posting Close Date:

Jun 25, 2024

  • -----------------------------------------------------

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.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

Automate your job search with Sonara.

Submit 10x as many applications with less effort than one manual application.

pay-wall

FAQs About Investment Grade Trader - Vice President Jobs at Citigroup Inc.

What is the work location for this position at Citigroup Inc.?
This job at Citigroup Inc. is located in New York, NY, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Citigroup Inc.?
Candidates can expect a pay range of $175,000 and $250,000 per year.
What employment applies to this position at Citigroup Inc.?
Citigroup Inc. lists this role as a Full-time position.
What experience level is required for this role at Citigroup Inc.?
Citigroup Inc. is looking for a candidate with "Executive" experience level.
What benefits are offered by Citigroup Inc. for this role?
Citigroup Inc. offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Disability Insurance, Life Insurance, Paid Holidays, Paid Vacation, Paid Sick Leave, and 401k Matching/Retirement Savings for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Citigroup Inc.?
You can apply for this role at Citigroup Inc. either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.