Delta One Trader, Vice President

The Delta One Trader at Citi will have diverse responsibilities including independently pricing and executing trades across Delta One products such as ETFs, swaps, and futures. This role requires the development and implementation of trading strategies aimed at optimizing desk profitability while actively managing risk positions and ensuring compliance with internal limits and regulations.

Candidates for the Delta One Trader role at Citi should possess 5-10 years of experience in Delta One trading, with a successful track record in managing profit and risk. A Bachelor’s degree in Finance, Economics, Mathematics, or a related field is essential, and further qualifications like an MBA or certifications such as CFA are preferred.

To excel as a Delta One Trader at Citi, candidates must demonstrate expertise in Delta One products, possess strong analytical and decision-making skills, and be proficient with Excel, VBA, or Python. Excellent communication and interpersonal skills are also crucial for engaging with clients and mentoring team members in a fast-paced environment.

The Delta One Trader at Citi plays a vital role in client relationship management by partnering with sales teams to comprehend client needs and deliver tailored trading solutions. Building and maintaining strong relationships with institutional clients is crucial to enhancing trade flow and fostering business growth.

Joining Citi as a Delta One Trader offers numerous professional growth opportunities, including the chance to manage significant trading risk and influence desk strategy. Additionally, Citi promotes a culture of mentorship, allowing you to develop your leadership skills while fostering the growth of junior team members.

When answering this question, focus on outlining the strategy clearly, its implementation process, and the resulting impact on desk profitability. Mention specific metrics or outcomes to demonstrate the success and how your foresight contributed to its execution.

Discuss your approach to risk management by citing the metrics you monitor and any tools or systems you utilize. Provide examples of how you have successfully minimized risk in past trades by adhering to established limits and adjusting strategies based on evolving market conditions.

You can share specific resources you rely on, such as financial news platforms, industry reports, or networking events. Mention any tools for analyzing data trends and how incorporating this information into your trading decisions has benefited your performance.

When addressing this question, focus on your mentoring approach by discussing the specific situation, challenges faced, and how your guidance helped the junior trader develop their skills. Highlight the importance of mentorship to foster a supportive desk culture.

Illustrate your experience with managing stress in high-pressure situations by talking about a specific instance where you had to make quick decisions. Emphasize your techniques for maintaining composure and focus when navigating challenging market dynamics.

Identify specific trading software or platforms that enhance your trading efficiency and decision-making process. Explain how you have utilized these tools to gain insights or streamline your workflow in past trading roles.

Discuss your previous interactions with quantitative analysts or technical teams, focusing on any collaborative projects that enhanced trading models or tools. Highlight the importance of teamwork in driving innovation and achieving strategic outcomes.

Convey your perspective on the qualities that set exceptional Delta One Traders apart, such as their analytical skills, market intuition, and adaptability to changing conditions. Tie this into your own experiences and qualities that you embody as a trader.

Prepare to discuss a specific project or initiative where your input directly resulted in increased profitability for the trading desk. Detail the projects you led, the strategies you implemented, and any metrics that showcase your contributions.

Share your passion for Delta One trading by discussing what drives your motivation—whether it be the challenges of the market, the intellectual stimulation, or the thrill of executing successful trades. Highlight how this motivation has fueled your achievements in previous roles.