Jobs
>
New York City

    High Yield Trader - New York, NY, United States - Citi

    Citi background
    Full time
    Description
    The Trader is a senior level position responsible for overseeing a trading book 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.

    Our Markets business provides customized solutions that support the diverse investment and transaction strategies of corporations, governments, investors and intermediaries globally. The strength of our sales and trading distribution capabilities span asset classes and currencies, sectors and products including Equities, Spread Products, Commodities, Rates and Currencies with a physical presence of trading floors in almost 80 countries.

    Responsibilities:
    • Oversee a trading book as a Senior trader and generate revenues and manage risk for the respective business
    • Build and maintain a franchise and connect with key clients
    • Coordinate with Sales, Research, CMand and other organizations 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.
    Qualifications:
    • 15+ years of 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 experience
    • Master's degree preferred


    Job Family Group:
    Institutional Trading


    Job Family:
    Trading


    Time Type:
    Full time


    Primary Location:
    New York New York United States


    Primary Location Full Time Salary Range:
    $175, $250,000.00

    In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit Available offerings may vary by jurisdiction, job level, and date of hire.


    Anticipated Posting Close Date:
    May 14, 2024


    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 .

  • 05218 Citigroup Global Markets Inc.

    High Yield Trader

    2 weeks ago


    05218 Citigroup Global Markets Inc. New York, United States Full time

    The Trader is a senior level position responsible for overseeing a trading book 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 deve ...


  • MUFG New York, United States

    Do you want your voice heard and your actions to count? · Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization, ...

  • Citi

    High Yield Trader

    4 days ago


    Citi New York, United States

    The Trader is a senior level position responsible for overseeing a trading book 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 deve ...


  • MidOcean Partners New York, United States

    Credit Research Analyst – Generalist · Firm: MidOcean Credit Partners · Location: Midtown, New York City · Start-date: ASAP. Work will be hybrid (M-Th in Office) Will consider 2023 MBA graduates. · Title: Associate · Firm Overview: Established in 2003, MidOcean Partners is a prem ...


  • City National Bank New York, United States

    TRADER FIXED INCOME SENIOR · WHAT IS THE OPPORTUNITY? · Performs wholesale buying and selling of taxable and tax-exempt fixed income debt instruments in a Bank broker/dealer platform, sourcing bonds for the retail and institutional clients of City National Securities while adheri ...

  • Partners Group

    Leveraged Loan

    18 hours ago


    Partners Group New York, United States

    What it's about · Partners Group operates a leading private credit platform with USD 29.3 billion of assets under management including USD 14.5 billion of global Liquid Credit AUM, consisting of CLOs, private liquid credit mandates and open-end and closed-end liquid loan strateg ...

  • Apollo

    Middle Office Analyst

    2 weeks ago


    Apollo New York, United States

    Position Overview · Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing stra ...


  • Morgan Stanley New York, NY, United States Full time

    Morgan Stanley Investment Management (MSIM"), together with its investment advisory affiliates, has more than 1,100 investment professionals around the world and $1.51 trillion in assets under management or supervision as of March 31, 2024. Morgan Stanley Investment Management st ...

  • Piper Sandler Companies

    Business Consultant

    3 hours ago


    Piper Sandler Companies New York, United States

    At Piper Sandler, we connect capital with opportunity to build a better future. · We believe diverse teams with unique backgrounds, skills and experiences yield more innovative solutions. Our mission is to recruit, develop, retain and engage a diverse, high-performing team. Our ...


  • Royal Bank of Canada> New York, United States Full time

    Job Summary · What is the Opportunity? · In this position the Analyst will lead and support senior bankers in origination, syndication and execution of investment grade debt transactions for the Financial Institutions Group. In addition, the position will also work closely with o ...


  • J Harlan Group, LLC New York, United States

    Job Description · Job DescriptionDATA ANALYTICS ASSOCIATE · BUSINESS ANALYST / BUSINESS INTELLIGENCE DEVELOPER – PRIVATE CREDIT · Global Investment Firm · J Harlan Group is currently conducting a search for a DATA ANALYTICS ASSOCIATE at a prominent Global Investment Firm in NYC. ...


  • BMO Financial Group New York, United States

    BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets · Provides a markets-based suite of sales and tra ...


  • London Stock Exchange New York, United States

    Role Overview: · Come join the LSEG team · As a Customer Success Manager (CSM) you connect clients to our products providing guidance throughout the customer's lifecycle and creating the conditions for optimal contract renewal and growth In a role that is comprised of relations ...

  • Citibank , N.A.

    Trader

    4 days ago


    Citibank , N.A. New York, United States

    Citibank, N.A. seeks a Trader for its New York, New York location.Duties: Financing and hedging, including raising financing, hedging/monetizing stock positions. Providing market risk hedging and stake management such as strategies for acquiring, disposing, hedging, or yield enha ...


  • The Goldman Sachs Group, Inc New York, United States

    Job Description · A career with Goldman Sachs Asset & Wealth Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the world's leading asset managers with over $2 trillion in assets under supervision ...


  • Brown Brothers Harriman New York, United States

    At BBH we value diverse backgrounds, so if your experience looks a little different from what we've outlined and you think you can bring value to the role, we will still welcome your application · What You Can Expect At BBH: · If you join BBH you will find a collaborative envir ...

  • Ageatia Global Solutions

    Java Developer

    2 weeks ago


    Ageatia Global Solutions New York, United States

    Responsibilities: Develop pricing and electronic markets applications. · Work with traders, developers, quants, business analysts, and vendors to develop an effective platform · Collaborate with a team of global developers to set specifications for new processes · Provide sec ...


  • MidOcean Partners New York, United States

    Credit Research Analyst – Generalist · Firm: MidOcean Credit Partners · Location: Midtown, New York City · Start-date: ASAP. Work will be hybrid (M-Th in Office) Will consider 2023 MBA graduates. · Title: Associate · Firm Overview: Established in 2003, MidOcean Partners is a prem ...


  • Integral Ad Science New York, United States

    Integral Ad Science (IAS) is a leading global media measurement and optimization platform that delivers the industry's most actionable data to drive superior results for the world's largest advertisers, publishers, and media platforms. IAS' software provides comprehensive and enr ...

  • Citigroup Global Markets Inc.

    Salesperson

    4 weeks ago


    Citigroup Global Markets Inc. New York, United States

    Citigroup Global Markets Inc. seeks a Salesperson for its New York, New York location.Duties: Advise LATAM clients on fixed income, bonds, mutual funds, commodities, and market conditions. Leverage knowledge of local regulations to provide inflation, interest rates and Foreign Ex ...