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Job at Citi in Greater London
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Head of Forwards Trading

Job at Citi in Greater London

Citi is looking to hire a Senior Trader who will be responsible for running the FX Forwards trading business within the EMEA Derivatives team. Your role as a trader will be to price and trade a variety of Equity Forward products for the Citi franchise as well as grow the desks revenue, whilst looking to expand on Citis well-established franchise and distribution footprint.

By joining this desk, you will be responsible for building out and monetising the FX Forwards platform across strategies including but not limited to paid market making, risk/facilitation and high touch agency

You will also be expected to lead and support on projects to enhance the existing trading strategies by incorporating additional instruments and dynamic procedures.

What you will do will be varied day to day, but the key drivers for the role are:

Responsible for successfully trading a variety of products, generating value and maximizing market opportunities.

Responsible for flashing the P&L, signing off the P&L the following day and making sure that all risks are properly captured in the system and clearly articulated.

You will have managerial responsibilities of a junior trader, and will be expected to develop their trading skills and help them

Act as the main point of contact to guide Technology and Quantitative Analytics for any system build out which help to streamline processes and adapt to the new technologies available.

Liaise with sales to develop the franchise, anticipating client demand in each respective product/market. Primary clients would be both Hedge Funds and Asset Managers.

Use existing (and help develop) trading dashboards to improve risk management and identify opportunities for revenue generation.

Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance to ensure appropriate governance and control infrastructure.

Appropriately assess risk when business decisions are made, demonstrating 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 behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.

What we will need from you:

This is not an entry level role, so the successful candidate will need have traded in the past and have a track record of delivering trading revenues to the business.

Experience of working closely with other global trading desks, central risk, sales, research, and other organizations across Markets to provide market liquidity and help build the Citi franchise through the monetisation of client flows.

Clear and concise written and verbal communication and effective interpersonal skills to develop and maintain relationships with internal and external stakeholders.

A strong understanding of Bloomberg, booking systems, trading protocol, closing technicalities.

Python, VBA, Bloomberg & Excel would be advantageous but not required.

Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime.

The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.

Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.

Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

* Honesty, integrity and reputation

* Financial soundness

* Competence and capability

In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above.

This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.

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Job Family Group:

Institutional Trading

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Job Family:

Trading

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Time Type:

Full time

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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

ID 1167649 Sectors:
in London, Greater London, England
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