Equity Funding Trader

Embark on a Front-Row Career in Equity Funding at Citi Markets

Are you a driven professional seeking a dynamic role within a global financial leader? Citi's Markets business offers an unparalleled platform for growth and impact, connecting you to opportunities in nearly 80 countries. As a front-office, revenue-generating division, Citi Markets is at the forefront of financial innovation, providing comprehensive trading and execution services across a wide spectrum of asset classes. This is your chance to become an integral part of a business that empowers corporations, institutional investors, and governments worldwide.

This Trader, Equity Funding Desk position presents an exceptional opportunity for an ambitious junior trader to join a critical engine within Citi's Markets. You will play a pivotal role in optimizing the cost-efficiency of trading structures by analyzing key factors such as liquidity, tenor management, regulatory metrics, and inventory optimization. Your contributions will directly fuel the expansion of Citi's broader Prime, Delta One, and Equities businesses. By actively trading a diverse portfolio of products including Equity swaps, repos, stock loan, FX swaps, and Interest Rate swaps, you will cultivate autonomy in decision-making and refine your book management skills under the expert guidance of seasoned desk leadership.

Key Responsibilities & Career Advancement:

In this multifaceted role, you will be empowered to:

• Drive Informed Decisions: Analyze extensive reporting data to make strategic choices on optimal trade types, structures, tenors, and sizes, honing your analytical prowess.
• Execute and Manage Trades: Take ownership of executing new trades and managing the lifecycle of all desk products, developing a comprehensive understanding of the trading landscape.
• Master Book Management: Be responsible for comprehensive book management, risk monitoring, P&L reporting, and executing effective hedges to mitigate crucial exposures.
• Spearhead Strategic Projects: Lead and support impactful projects focused on enhancing processes, controls, technology, reporting, product offerings, and liquidity models, demonstrating your leadership potential.
• Collaborate for Innovation: Partner closely with technology and quant teams to develop systematic improvements, contributing to specifications and participating in User Acceptance Testing (UAT).
• Enhance Franchise Value: Liaise with Treasury to strategically manage firm resources and liquidity, and engage with Sales to anticipate client demand and foster franchise growth.
• Uphold Ethical Standards: Demonstrate a strong commitment to risk assessment, ethical judgment, and compliance, safeguarding Citi, its clients, and assets.

What You Bring to the Table:

To thrive in this role, candidates should possess:

• Experience within a large banking institution, ideally in a trading capacity or a treasury function with demonstrable liquidity management experience.
• A solid understanding of how Prime and Delta One businesses operate, including their core products, inherent risks, and operational intricacies.
• Proven ability to work with large datasets, extracting concise and actionable insights.
• Exceptional written and verbal communication skills, coupled with strong interpersonal abilities to build and maintain relationships across diverse teams.
• Proficiency with tools such as Python, VBA, Bloomberg, and Excel.

The Citi Advantage:

Joining Citi London means becoming part of a vibrant and inclusive workplace that values your well-being and professional growth. You'll benefit from:

• A competitive base salary, subject to annual review.
• A hybrid working model, offering flexibility with up to 2 days working from home per week.
• A discretionary annual performance-related bonus.
• Comprehensive benefits package including:
  • 27 days annual leave (plus bank holidays)
  • Private Medical Care & Life Insurance
  • Employee Assistance Program
  • Pension Plan
  • Paid Parental Leave
  • Exclusive employee discounts
• Extensive access to learning and development resources to support your continuous career advancement.

Important Note on Certification: Candidates should be aware that this is a Certified Role, subject to the FCA and PRA Certification Regime. This regime requires employees in specific roles deemed to have significant influence to be assessed as fit and proper, considering honesty, integrity, reputation, financial soundness, competence, and capability. This assessment involves thorough interviews, background checks, and reference checks.

This is an exciting opportunity to build a rewarding career in a leading global financial institution. If you are a highly motivated individual with a passion for markets and a desire to make a tangible impact, we encourage you to explore this role further.