At a Glance
- Tasks: Execute FX trades, manage risks, and develop trading strategies in a fast-paced environment.
- Company: Join Citi, a global leader in financial markets with a diverse team.
- Benefits: Enjoy competitive salary, bonuses, and comprehensive employee benefits.
- Other info: Dynamic work culture with opportunities for professional growth and advancement.
- Why this job: Make an impact in global finance while growing your career with cutting-edge technology.
- Qualifications: Degree in Finance or related field; experience in FX trading preferred.
The predicted salary is between 80000 - 120000 β¬ per year.
Discover your future at Citi. Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.
Citi Markets provides world-class solutions and an unmatched global presence. We serve corporates, institutional investors and governments from trading floors in almost 80 countries. The strength of our underwriting, sales and trading and distribution capabilities span asset classes and currencies, providing us with an unmatched ability to meet the needs of our clients. Our Foreign Exchange team operates with leading expertise across 130 currencies and unique insight, positioning clients to participate in markets across the world.
The FX Trader will be responsible for executing foreign exchange trades, managing risk exposure, and contributing to the overall profitability of the FX trading desk. The ideal candidate will possess a deep understanding of global financial markets, strong analytical capabilities, and a proven track record in FX trading. This role requires quick decision-making, a strong sense of urgency, and the ability to thrive in a fast-paced, high-pressure environment.
Key Responsibilities:- Execute foreign exchange spot, forward, swap, and option trades efficiently and accurately on behalf of the firm and its clients.
- Continuously monitor global economic indicators, geopolitical events, and market trends to identify trading opportunities and anticipate market movements.
- Manage proprietary trading positions within established risk limits, utilizing various hedging strategies to mitigate potential losses.
- Contribute to the profitability of the FX desk by generating trading revenue and managing costs effectively.
- Develop and implement effective trading strategies and models, adapting to changing market conditions and regulatory environments.
- Act as a market maker, providing competitive quotes and liquidity to clients and internal desks.
- Collaborate with sales and relationship management teams to service client needs, provide market insights, and assist in developing client relationships.
- Ensure all trading activities adhere to internal policies, industry regulations, and legal requirements.
- Leverage advanced trading platforms, algorithms, and analytical tools to enhance trading performance and efficiency.
- Prepare and present trading reports, performance analysis, and market commentaries to senior management.
- Bachelor's degree in Finance, Economics, Mathematics, Statistics, Computer Science, or a related quantitative field.
- Master's degree or CFA designation is a plus.
- Minimum of [X] years of experience in FX trading, preferably at a major financial institution or hedge fund.
- Demonstrated experience in managing a trading book and generating consistent profits.
- Proficiency in various FX products, including spot, forwards, swaps, and options.
- 3-5 years of experience in a related role.
- Advanced analytical and numerical competency.
- Knowledge of Bloomberg, booking systems, trading protocol, closing technicalities.
- Comprehensive understanding of global foreign exchange markets, including macroeconomic drivers, technical analysis, and market microstructure.
- Exceptional analytical and quantitative skills, with the ability to interpret complex data and make data-driven decisions.
- Strong understanding of market risk, credit risk, and operational risk, with proven ability to manage these effectively.
- Ability to make rapid, informed decisions under pressure and adapt quickly to changing market conditions.
- Advanced proficiency with trading platforms (e.g., Bloomberg, Refinitiv Eikon, EBS, Refinitiv Matching), Excel, and financial modeling.
- Experience with programming languages such as Python, R, or VBA for data analysis and strategy development is highly desirable.
- Excellent verbal and written communication skills, capable of articulating complex market views and trading strategies clearly.
- Ability to work collaboratively within a team environment, sharing insights and contributing to collective success.
- Unquestionable ethical standards and commitment to regulatory compliance.
- A challenging and rewarding career opportunity in a dynamic global financial market.
- Exposure to cutting-edge trading technology and strategies.
- Opportunities for professional growth and career advancement.
- Competitive salary and performance-based bonus structure.
- Citi's offerings may also include 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.
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.
G10/ LM FX Linear / STIRT Trader, VP/ Director - Citi in London employer: Citi
Citi is an exceptional employer that offers a dynamic and rewarding career in the fast-paced world of foreign exchange trading. With access to cutting-edge technology, a strong focus on professional growth, and a commitment to community impact, employees are empowered to thrive in their roles while enjoying competitive benefits and a collaborative work culture. Join a global team where your contributions make a real difference and where opportunities for advancement are abundant.
StudySmarter Expert Adviceπ€«
We think this is how you could land G10/ LM FX Linear / STIRT Trader, VP/ Director - Citi in London
β¨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work at Citi or in FX trading. A friendly chat can open doors and give you insider info on the role.
β¨Tip Number 2
Prepare for the interview by brushing up on your market knowledge. Be ready to discuss recent trends in FX trading and how they might impact Citi's strategies. Show us youβre not just a candidate, but a market-savvy trader!
β¨Tip Number 3
Practice your decision-making skills under pressure. Simulate trading scenarios and think aloud about your strategies. This will help you articulate your thought process during interviews, making you stand out.
β¨Tip Number 4
Donβt forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, it shows youβre serious about joining the Citi team and ready to make an impact.
We think you need these skills to ace G10/ LM FX Linear / STIRT Trader, VP/ Director - Citi in London
Some tips for your application π«‘
Tailor Your CV:Make sure your CV is tailored to the FX Trader role. Highlight your relevant experience in FX trading, risk management, and market analysis. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about FX trading and how you can contribute to our team at Citi. Keep it concise but impactful β we love a good story!
Showcase Your Analytical Skills:Since this role requires strong analytical capabilities, make sure to include examples of how you've used data to make informed trading decisions. We want to see your thought process and how you tackle challenges.
Apply Through Our Website:Don't forget to apply through our website! Itβs the best way to ensure your application gets into the right hands. Plus, it shows us you're serious about joining our team at Citi.
How to prepare for a job interview at Citi
β¨Know Your FX Products
Make sure you have a solid understanding of the various FX products like spot, forwards, swaps, and options. Brush up on how they work and their market implications, as this knowledge will be crucial during your interview.
β¨Stay Updated on Market Trends
Keep an eye on global economic indicators and geopolitical events that could impact currency markets. Being able to discuss recent trends or news during your interview will show your passion and awareness of the industry.
β¨Demonstrate Analytical Skills
Prepare to showcase your analytical prowess by discussing past experiences where you've interpreted complex data or made data-driven decisions. You might even want to bring examples of your work with trading platforms or programming languages like Python or R.
β¨Practice Quick Decision-Making
Since the role requires rapid decision-making under pressure, consider doing mock interviews or scenarios where you have to make quick trading decisions. This will help you articulate your thought process clearly when asked about it in the interview.