At a Glance
- Tasks: Assist with trading, manage risk, and coordinate with teams to achieve revenue targets.
- Company: Citi is a global financial services leader committed to responsible growth and client partnerships.
- Benefits: Enjoy hybrid work, generous holidays, private medical insurance, and a performance bonus.
- Why this job: Join a dynamic team, develop key relationships, and make a positive impact in finance.
- Qualifications: Experience in trading, strong analytical skills, and effective communication are essential.
- Other info: Citi promotes a diverse workplace and prioritises employee well-being and development.
The predicted salary is between 48000 - 84000 £ per year.
Join to apply for the Trader, Associate/AVP role at Citi. By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Team/Role Overview
The Trader is an intermediate level position responsible for assisting with a trading book and mitigating risk, in coordination with the Trading team. The overall objective of this role is to process trades for a trading book and achieve revenue targets.
What You’ll Do
- Assist with a trading book and generate revenues and manage risk for the respective business.
- Coordinate with Sales, Research, CMand and other organisations across Markets and Securities Services and the broader business.
- Trade a book and deliver on budgeted revenues and manage book risk.
- Establish and maintain key relationships to deliver trades to the desk.
- Anticipate client demand in each respective product/market.
- Coordinate with desk analysts as needed and with sales to develop the franchise.
- Leading strong governance and controls: Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance in order to ensure appropriate governance and control infrastructure.
- Build a culture of responsible finance, good governance and supervision, expense discipline and ethics.
- Appropriately assess risk/reward of transactions when making business decisions; demonstrating proper consideration for the firm’s reputation.
- Be familiar with and adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services.
- Adhere to all policies and procedures as defined by your role which will be communicated to you.
- Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe.
- Appropriately assess risk when business decisions are made, demonstrating particular 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’ll Need From You
- Experience in a related role.
- Knowledge of respective products and clients.
- Required licensing and registrations as applicable.
- Advanced analytical and numerical competency.
- Consistently demonstrates clear and concise written and verbal communication.
- Effective interpersonal skills to develop and maintain relationships with internal and external stakeholders.
- Ability to analyse and pitch situations and determine suitable counterparties.
- Knowledge of Bloomberg, booking systems, trading protocol, closing technicalities.
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.
We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.
By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:
- Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
- A discretional annual performance related bonus.
- Private medical insurance packages to suit your personal circumstances.
- 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 energised to join us, motivated to stay, and empowered to thrive.
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
Trader, Associate/AVP employer: Citi
Contact Detail:
Citi Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trader, Associate/AVP
✨Tip Number 1
Familiarise yourself with the latest trends in trading and financial markets. Being well-versed in current events and market movements will not only help you in interviews but also demonstrate your passion for the role.
✨Tip Number 2
Network with professionals in the trading industry, especially those who work at Citi or similar firms. Attend industry events or join relevant online forums to build connections that could provide valuable insights and potentially refer you for the position.
✨Tip Number 3
Brush up on your analytical skills and numerical competency. Consider taking online courses or workshops that focus on trading strategies, risk management, and financial analysis to enhance your expertise and make you a more attractive candidate.
✨Tip Number 4
Prepare for the interview by practising situational questions related to risk assessment and decision-making in trading scenarios. This will help you articulate your thought process and demonstrate your ability to handle the responsibilities of the Trader role effectively.
We think you need these skills to ace Trader, Associate/AVP
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Trader, Associate/AVP position at Citi. Tailor your application to highlight relevant experience and skills that align with the job description.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous trading experience or roles that required analytical and numerical competency. Use specific examples to demonstrate how you've successfully managed risk and generated revenue in past positions.
Showcase Communication Skills: Since effective communication is crucial for this role, ensure your application reflects your ability to convey complex information clearly. Use concise language and structure your documents logically to showcase your written communication skills.
Adhere to Compliance Standards: Mention your understanding of compliance and governance in your application. Highlight any relevant certifications or training that demonstrate your commitment to ethical practices and adherence to regulations, as this is a key aspect of the role.
How to prepare for a job interview at Citi
✨Know Your Trading Products
Make sure you have a solid understanding of the trading products relevant to the role. Familiarise yourself with how they work, their risks, and how they can generate revenue. This knowledge will help you answer technical questions confidently.
✨Demonstrate Analytical Skills
Prepare to showcase your analytical and numerical competencies during the interview. Be ready to discuss past experiences where you've successfully analysed market trends or made data-driven decisions that positively impacted trading outcomes.
✨Build Rapport with Interviewers
Effective interpersonal skills are crucial in this role. Practice building rapport with your interviewers by engaging them in conversation, asking insightful questions, and showing genuine interest in their experiences at Citi.
✨Understand Compliance and Governance
Since this role involves significant regulatory responsibilities, be prepared to discuss your understanding of compliance, governance, and risk management. Highlight any relevant experience you have in adhering to policies and regulations in previous roles.