Equities Algo Trader

time left to apply End Date: June 23, 2025 (15 days left to apply) job requisition id 25869451 Citi\’s Electronic Execution Business (Cash Equities) is seeking a highly motivated and experienced Equity Algo Trader to join our dynamic team covering the EU, UK, and MEA markets. This is a unique opportunity to play a key role in shaping the future of electronic trading at a leading global financial institution. Join Citi\’s Electronic Execution desk, a key component of our global Cash Equities business. We specialize in providing seamless, low-touch electronic execution solutions to institutional investors, including Long-Only funds, Hedge Funds, and Wholesale clients. Leverage our advanced platform and algorithms to access a diverse range of electronic order books and principal liquidity via our Central Risk desk. We are one of three primary execution channels at Citi, offering unparalleled access to cash equity markets. As an Algo Trader, you\’ll play a critical role in optimizing electronic trading strategies across various internal desks, including Program Trading, DM/EM Cash Trading, Delta One, Derivatives, and SES Trading. You\’ll collaborate closely with the Electronic Sales Trading team to oversee the deployment and configuration of client-specific algorithmic trading strategies, ensuring their performance and stability. This includes proactive monitoring, troubleshooting, and direct support to sales traders. You will also identify and integrate corporate actions and new securities into Citi\’s algorithmic trading framework, as well as deploy new features and platform optimizations from our MQA and Technology partners. What you will do will be varied day to day, but the key drivers for the role are: Build a deep enough understanding of the Algo framework to understand its decision-making process, adjust trading parameters based on market conditions, and give valuable feedback to the MQA team highlighting potential issues or simply contribute ideas on how to improve the framework. Responsibly monitor the Algo activity and manually engage with clients and traders on the desk to facilitate single stock cash equity trades. Work with key stakeholders to improve the operational efficiency of the business, developing robust and market leading systems. Work in close partnership with control functions such as Compliance, ETRM and ETRC. Build a culture of responsible finance, good governance and supervision, expense discipline and ethics. Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe. What we will need from you: Proven Algo Trading Expertise: This role requires demonstrable experience in Equity Algo Trading. Entry-level candidates will not be considered. Deep Understanding of Algorithmic Trading Protocols: Possess a strong command of smart order routing, intraday trading dynamics, and closing auction strategies. Exceptional Communication & Interpersonal Skills: Build and maintain strong relationships with internal and external stakeholders, showcasing excellent communication skills. A strong understanding of algorithmic trading protocol, including Smart Order routing, intraday and closing technicalities. Strong Academic Foundation: Bachelor\’s degree/University degree or equivalent experience is required. A Master\’s degree is preferred. 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 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 Sales Citi\’s Electronic Execution Business (Cash Equities) is seeking a highly motivated and experienced Equity Algo Trader to join our dynamic team covering the EU, UK, and MEA markets. This is a unique opportunity to play a key role in shaping the future of electronic trading at a leading global financial institution. Join Citi\’s Electronic Execution desk, a key component of our global Cash Equities business. We specialize in providing seamless, low-touch electronic execution solutions to institutional investors, including Long-Only funds, Hedge Funds, and Wholesale clients. Leverage our advanced platform and algorithms to access a diverse range of electronic order books and principal liquidity via our Central Risk desk. We are one of three primary execution channels at Citi, offering unparalleled access to cash equity markets. As an Algo Trader, you\’ll play a critical role in optimizing electronic trading strategies across various internal desks, including Program Trading, DM/EM Cash Trading, Delta One, Derivatives, and SES Trading. You\’ll collaborate closely with the Electronic Sales Trading team to oversee the deployment and configuration of client-specific algorithmic trading strategies, ensuring their performance and stability. This includes proactive monitoring, troubleshooting, and direct support to sales traders. You will also identify and integrate corporate actions and new securities into Citi\’s algorithmic trading framework, as well as deploy new features and platform optimizations from our MQA and Technology partners. What you will do will be varied day to day, but the key drivers for the role are: Build a deep enough understanding of the Algo framework to understand its decision-making process, adjust trading parameters based on market conditions, and give valuable feedback to the MQA team highlighting potential issues or simply contribute ideas on how to improve the framework. Responsibly monitor the Algo activity and manually engage with clients and traders on the desk to facilitate single stock cash equity trades. Work with key stakeholders to improve the operational efficiency of the business, developing robust and market leading systems. Work in close partnership with control functions such as Compliance, ETRM and ETRC. Build a culture of responsible finance, good governance and supervision, expense discipline and ethics. Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe. What we will need from you: Proven Algo Trading Expertise: This role requires demonstrable experience in Equity Algo Trading. Entry-level candidates will not be considered. Deep Understanding of Algorithmic Trading Protocols: Possess a strong command of smart order routing, intraday trading dynamics, and closing auction strategies. Exceptional Communication & Interpersonal Skills: Build and maintain strong relationships with internal and external stakeholders, showcasing excellent communication skills. A strong understanding of algorithmic trading protocol, including Smart Order routing, intraday and closing technicalities. Strong Academic Foundation: Bachelor\’s degree/University degree or equivalent experience is required. A Master\’s degree is preferred. 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 Sales —————————————————— Job Family: Investor Sales —————————————————— 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. 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