Trader - job 3 of 3

Citigroup Global Markets Inc. seeks a Trader for its New York, New York location.

Duties: Price and trade equity derivatives products based on understanding of price actions and fundamentals of derivatives securities in reaction to market movements. Implement quantitative and qualitative trading models to analyze complex financial and statistical data and other variables to project economic value of trading strategies. Use Python programming to transform and analyze large data sets, create new Python scripts to constantly update and maintain existing models in accommodation of market movements. Implement the business provided rules and criteria by adding restrictions through Python scripts including on Average Daily Trading Volumes, Short Sale Restrictions, Corporate Action flags and Day-over-day price change. Understand the risk of current portfolios and predict risk changes based on trading activities, perform hedge tracking, and bring portfolio risk to the desired level. Closely monitor and actively manage portfolio risk through adequate understanding of the financial models and mathematical mechanism. Maintain an internal Excel and Python database of trading levels, upcoming market events and inventory position changes. Measure and track performance of positions through quantitative analysis and functions though Microsoft Excel, and compare against benchmarks. Analyze financial accounting reports. Closely work with Internal Technology group for new application rollouts, communicate with model developers regarding model change and improvements, and collaborate with various teams to execute flow management activities. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.

Requirements: Requires a Master’s degree or foreign equivalent in Mathematics, Engineering (any), Operations Research and Information Engineering or related field and 2 years of experience as a Trader, Sales & Trading Program Analyst or related position involving pricing and trading equity derivative products within the global financial services industry. Alternatively, employer will accept a Bachelor’s degree in the stated fields and 5 years of the specified progressively responsible, post-baccalaureate experience. Full term of experience must include: Financial and quantitative modelling; Portfolio risk management; Microsoft Excel; Database management; and Financial Accounting. Applicants submit resumes at https://jobs.citi.com/ or by email to Citigroup Recruiting Dept. at NAMobilityRecruitment@citi.com. Please reference Job ID #23716605. EO Employer.

Wage Range: $226,762 to $226,762

Job Family Group: Institutional Trading

Job Family: Trading

-

Job Family Group:

-

Job Family:

-

Time Type:

-

Primary Location:

-

Primary Location Salary Range:

-

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