Derivative Sales Trader in London

Citi's Markets business is a global leader in financial services, offering a comprehensive range of products and services to institutional clients worldwide. Within this dynamic environment, our Fixed Income Derivatives business provides innovative solutions across various fixed income products, leveraging extensive market insights and cutting-edge technology. This role sits at the heart of our Fixed Income Derivatives franchise, contributing directly to our market presence and client relationships with traditional asset managers and real money accounts.

As a Director, Fixed Income Derivatives Sales Trader in our London office, you will play a pivotal role in driving client engagement and executing complex fixed income derivative strategies. This is an exciting opportunity to leverage your deep expertise in fixed income derivatives, fostering strong client relationships with traditional asset managers and real money accounts, and contributing to the growth of a leading global financial institution. You will be instrumental in translating market opportunities into actionable trading strategies for our institutional client base, ensuring seamless execution and superior client service.

Primary Responsibilities of the role:

• Drive client coverage and relationship management for a portfolio of traditional asset managers and real money accounts, focusing on fixed income derivatives products.
• Originate, structure, and execute complex fixed income derivative trades, including but not limited to interest rate swaps, cross-currency swaps, options, and other structured credit products.
• Provide market commentary, trade ideas, and bespoke derivative solutions to clients based on in-depth market analysis and understanding of client needs.
• Collaborate closely with trading, structuring, research, and other sales teams to deliver comprehensive solutions and leverage Citi's full institutional offering.
• Ensure rigorous adherence to all internal policies, external regulations, and risk management frameworks in all trading and client interaction activities.
• Contribute to the strategic development and growth of the fixed income derivatives franchise by identifying new business opportunities and enhancing product offerings.

What we need from you:

• Extensive proven experience in a Fixed Income Derivatives Sales Trading role within a tier-one investment bank.
• Deep understanding of fixed income derivatives products, pricing, market structures, and regulatory landscape.
• Demonstrated track record of developing and managing strong relationships with traditional asset managers and real money accounts.
• Strong analytical skills with the ability to interpret complex market data and formulate actionable trading strategies.
• Excellent communication, negotiation, and interpersonal skills, capable of engaging effectively with clients and internal stakeholders.
• Bachelor’s degree or equivalent in Finance, Economics, or a related quantitative field; a Master’s degree or CFA designation is a plus.

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model but also receive a competitive base salary, and enjoy a whole host of additional benefits such as:

• 27 days annual leave (plus bank holidays)
• A discretional annual performance related bonus
• Private Medical Care & Life Insurance
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources

Alongside these benefits, Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self, every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

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.