At a Glance
- Tasks: Trade Pan European Cash Equities and manage risk effectively.
- Company: Join Citi, a global leader in financial services with diverse career paths.
- Benefits: Enjoy 27 days annual leave, private medical care, and a hybrid working model.
- Other info: This role is subject to FCA and PRA Certification Regime.
- Why this job: Be part of a dynamic trading desk and grow your skills with senior stakeholders.
- Qualifications: Experience in trading Cash Equities and strong communication skills required.
The predicted salary is between 43200 - 72000 £ per year.
Citi is looking to hire an experienced trader to trade Pan European Cash Equities. Your role as a trader will be to price and trade a variety of cash equity products for the Citi franchise as well as grow the desks revenue through profitable inventory management and market making, whilst looking to expand on Citi\'s well-established franchise and distribution footprint. By joining the trading desk for Equities, you will work closely with both desk analysts and sales to develop the trading franchise and successfully execute the market making flow items, as well as working 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 the Pan European Cash Equities as a Direct Markets trader Effectively risk manage the trading book Liaise with sales to develop the franchise, anticipating client demand in each respective product/market. 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 to be already managing risk and will most likely already be an established trader on the desk Will need to have trading experience in Cash Equites, or closely related products, with a strong revenue generating track record. Experience of working closely with Sales, Research, and other organizations across Markets to provide market liquidity and help build the Citi franchise through the monetization 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. Excel, SQL/VBA/Python would be advantageous but not required. What we will provide you: This role will provide you with the opportunity to grow a product line within equities, leveraging a strong franchise. You will work closely with many senior stakeholders across the markets platform in a bank that offers a diverse career path with global opportunities. 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. Job Family Group: Institutional Trading Job Family: Trading Time Type: Full time Most Relevant Skills Please see the requirements listed above. Other Relevant Skills For complementary skills, please see above and/or contact the recruiter. Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. 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 Citi\'s EEO Policy Statement and the Know Your Rights poster.41bf1e1f-b16b-4260-a40a-17c77a06fd15
Cash Equity Trader, VP - Citi in London employer: Citi
Citi is an exceptional employer, offering a dynamic work environment in London where experienced traders can thrive. With a commitment to employee growth, competitive benefits including 27 days of annual leave, and a focus on diversity and inclusion, Citi empowers its team to excel while fostering a culture of collaboration and innovation. Join us to leverage your skills in a supportive atmosphere that values your contributions and encourages professional development.
Contact Details:
Citi Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Cash Equity Trader, VP - Citi in London
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We think you need these skills to ace Cash Equity Trader, VP - Citi in London
Cash Equities Trading Experience
Risk Management
Revenue Generation
Market Making
Client Relationship Management
Communication Skills
Bloomberg Proficiency
Trading Protocol Knowledge
Interpersonal Skills
Analytical Skills
SQL/VBA/Python Knowledge
Compliance Awareness
Financial Acumen
Team Collaboration
Some tips for your application 🫡
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Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Citi.
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How to prepare for a job interview at Citi
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Citi.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Citi employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.