Credit Algo Trader

Drive the future of Credit Trading. Citi is seeking a highly talented and experienced Credit Algo Trader to join our cutting-edge European Algo Credit Trading desk. This is your chance to manage a significant franchise book, contribute to the growth of a market-leading business, and shape the future of automated credit trading. If you possess a deep understanding of credit products, advanced quantitative skills, and a proven track record of generating P&L, this is your opportunity to make a real impact.

What you will do:

• Algo Management & Enhancement: Develop expert-level understanding of the algorithmic trading framework's decision-making logic and parameter adjustments, proactively monitoring performance, identifying issues, and collaborating with the Quant team on enhancements and optimizations.
• Trade Facilitation & Client Engagement: Responsibly monitor algo activity; engaging with clients, sales, and traders to facilitate single bond trades, managing RFQs, executing trades, and ensuring smooth operations.
• Portfolio & ETF Trading: Facilitate portfolio trades, communicate portfolio axes effectively to clients, and manage ETF creation/redemption activities.
• Risk Management & Best Practices: Implement best-practice risk management techniques for responsible trading and franchise protection.
• Stakeholder Collaboration & System Development: Work with stakeholders to enhance operational efficiency, develop robust market-leading systems, and collaborate with control functions to ensure regulatory compliance.
• Culture, Leadership & Regulatory Compliance: Foster a positive, collaborative culture within the team and with sales partners.

What We Will Need From You:

• Proven experience in credit trading, including managing risk and generating P&L.
• Deep understanding of EUR/USD corporate/government bonds, automated market making, and related ETFs.
• Strong quantitative skills, including coding (Python, q/KDB, Scala preferred), mathematical modelling, and data analysis.
• Excellent communication, interpersonal, and stakeholder management skills.
• Comprehensive knowledge of trading systems, including Bloomberg, booking systems, trading protocols, and closing procedures.
• Bachelor’s degree/University degree or equivalent experience.
• A Master’s degree in a relevant field is desirable.

What we will provide you:

• 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.

If you are actively working with clients, have a passion for relationships and want to be part of a successful global franchise – then apply today.

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

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.