At a Glance
- Tasks: Lead market-making and risk deployment in single-stock equities and derivatives.
- Company: Join Citi, a global leader in finance with a collaborative culture.
- Benefits: Enjoy 27 days annual leave, private medical care, and performance bonuses.
- Other info: Opportunity for career growth in a dynamic, meritocratic environment.
- Why this job: Make a real impact in a fast-paced trading environment with cutting-edge technology.
- Qualifications: Experience in trading, strong quantitative skills, and a relevant degree.
The predicted salary is between 54000 - 66000 £ 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 approximately 219,000 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.
Job Overview At Citi Markets, we win together.
In a rapidly changing world, our shared vision gives us the clarity, agility and global perspectives we need to shape the future.
That's why collaboration plays a central role in how we deliver for clients, develop our people, and grow our business.
Our operation is uniquely global, our client franchise is remarkably broad, and we provide world-class liquidity and risk transformation across cash equities, flow derivatives, and prime finance.
In an evolving industry landscape, our open, meritocratic culture empowers traders to leverage Citi's global scale, high-performance technology, and tier-one institutional reach.
We are looking for an experienced Single Stock Flow Trader at Director level to lead market-making, risk deployment, and liquidity provision across EMEA single-stock equities and derivatives in London.
Operating in a high-velocity, revenue-generating seat, you will manage significant capital risk, extract spread, and drive client franchise monetization across hedge funds and asset managers.
Navigating market complexity with tenacity and collaboration, you will spearhead quantitative pricing enhancements, optimize inventory financing, and partner across Sales, Research, and Electronic Execution to expand market share in a low-ego, results-oriented trading environment.
Primary Responsibilities Deliver two-way pricing and principal market-making across pan-European single-stock cash and flow derivatives, managing dynamic risk (Delta, Gamma, Vega, Theta, Vanna-Volga, skew, and dividend/repo) within approved Va R and stress limits.
Partner with Cash Equity Sales, Flow Derivatives Sales, and Prime Services to monetize institutional order flow, internalize crosses, and capture top-tier wallet share.
Trade and hedge idiosyncratic risk around earnings announcements, index rebalancings, dividend adjustments, corporate actions, and borrow locate constraints.
Collaborate with Quantitative Strategists and Technology developers to enhance algorithmic market-making models, automated hedging logic, and smart order routing.
Optimize desk balance sheet usage, funding costs, synthetic borrow locates, and clearing across EMEA exchanges and MTFs.
Supervise junior desk traders, enforce strict first-line risk and booking controls, and ensure adherence to FCA/PRA, MAR, and Mi FID II regulatory standards.
What We Need from You Substantial front-office trading experience (Director / Executive Director level) in Single Stock Cash Equities or Equity Derivatives at a premier global investment bank.
Comprehensive expertise in single-name volatility surfaces, listed/OTC options, dispersion dynamics, synthetic borrow/financing, and European equity market microstructure.
Advanced quantitative skills with practical proficiency in Python, SQL, or KDB/Q to develop pricing screens, backtest strategies, and automate workflows.
Demonstrated success pricing and executing high-touch and hybrid flows for tier-one hedge funds, asset managers, and sovereign wealth institutions.
Uncompromising commitment to risk discipline, compliance culture, and thorough knowledge of UK/EU market conduct regulations (Mi FID II/Mi FIR, MAR, FRTB).
Bachelor's or Master's degree in Quantitative Finance, Mathematics, Physics, Computer Science, Engineering, or Economics.
What Citi Can Offer You What Citi can offer you: 27 days annual leave (plus bank holidays) A discretional annual performance related bonus Private Medical Care
Single Stock Trader - Citi employer: Citi
Citi is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration within the Equities Technology team. Employees benefit from cutting-edge technology, opportunities for professional growth, and a culture that values diversity and inclusion. With a focus on high-performance analytics and real-time data solutions, Citi empowers its engineers to make impactful contributions while enjoying a supportive atmosphere in a globally recognized financial institution.
StudySmarter Expert Advice🤫
We think this is how you could land Single Stock Trader - Citi
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Citi. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Single Stock Trader - Citi
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
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.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Citi's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
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.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Citi will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨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.
