GSP Trader, AVP

Company: Citigroup, Inc.
Location: New York
Posted on: May 28, 2023

Job Description:

The Trader is a junior level position responsible for overseeing a trading book, generating trade ideas for clients, 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.

Responsibilities

• Oversee a trading book as a junior trader and generate revenues and manage risk for the respective business
• Generate trade ideas across the credit macro products and communicate with team and clients
• Build and maintain a franchise and connect with key clients
• Coordinate with Sales, Research, and others 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.
  The successful candidate will managing various credit macro products including index, TRS, vol, and index arbitrage.
  
  The trader will work closely with the rest of the credit macro team to ensure maximum production as a single unit.
  
  The trader should have a great understanding of credit fundamental but also should be able to pay great attention to the flows and market technical.
  
  Qualifications:
  
  • 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
      
      Job Family Group:
      Institutional Trading
      
      Job Family:
      Trading
      
      Time Type:
      Full time
      
      Primary Location:
      New York New York United States
      
      Primary Location Salary Range:
      $175,000.00 - $250,000.00
      
      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

Keywords: Citigroup, Inc., New York , GSP Trader, AVP, Accounting, Auditing , New York, New York