Payoff Structurer – Strategic Equity Derivatives in London

Payoff Structurer – Strategic Equity Derivatives in London

London Full-Time 80000 - 100000 € / year (est.) No home office possible
Citibank (Switzerland) AG

At a Glance

  • Tasks: Design bespoke equity derivative payoffs and collaborate with sales to drive client solutions.
  • Company: Join Citi, a leading global financial services firm with a focus on innovation.
  • Benefits: Competitive salary, career growth, and a dynamic work environment in London.
  • Other info: Exciting opportunity to work in a newly redeveloped Β£1.5 billion headquarters.
  • Why this job: Be at the forefront of product innovation in a thriving equity derivatives market.
  • Qualifications: Experience in equity derivatives structuring or quantitative analysis is essential.

The predicted salary is between 80000 - 100000 € per year.

Citi's Markets business is one of the world's most comprehensive and strategically important capital markets franchises, providing clients with access to global financial markets across fixed income, currencies, commodities, and equities. Within this, Citi's Equities division β€” including its Equity Derivatives franchise β€” sits at the centre of a deliberate and well-funded growth strategy, combining electronic flow trading with sophisticated, episodic structured solutions. In 2025, Citi's equities revenues reached their highest levels since 2021, with equity derivatives serving as a core driver of that momentum.

This is a senior structuring opportunity within Citi's Strategic Equity Derivatives business in London. The role sits at the intersection of product innovation, quantitative design, and client origination β€” working directly alongside sales and trading to develop bespoke equity derivative solutions for strategic equity clients globally. Operating at Director level, the successful candidate will bring both the technical depth to engineer complex payoffs and the commercial instinct to drive origination and deepen client relationships. Citi's London platform β€” recently the subject of a Β£1.5 billion headquarters redevelopment β€” provides a compelling environment in which to do so.

Primary Responsibilities
  • Research, design and structure bespoke equity derivative payoffs for strategic equity clients across the full complexity spectrum, including barrier and worst-of structures, cliquets, digitals, and other light-to-medium exotic products, ensuring hedgeability, capital efficiency (XVA/RWA impact), and commercial viability.
  • Drive origination and product engagement in close partnership with the sales desk, presenting structured solutions to institutional clients β€” including asset managers, private banks, insurance companies, and corporates β€” and converting ideas into executable transactions.
  • Develop and pitch Quantitative Investment Strategies (QIS) and systematic payoff structures, tailoring strategy parameters (volatility budgets, sector tilts, asset class overlays) to specific client mandates.
  • Identify and execute risk recycling opportunities, structuring transactions that efficiently offset or monetise existing book risk and contribute meaningfully to desk P&L.
  • Collaborate cross-functionally with trading, quantitative research, legal, compliance, and risk teams to ensure all structured solutions are compliant with applicable regulation, including PRIIPs, MiFID II, EMIR, and BMR.
  • Contribute to product innovation and market intelligence, monitoring volatility surfaces, correlation dynamics, and funding environments to anticipate client demand and bring differentiated, market-relevant ideas to the franchise.
What We Need from You
  • Demonstrated experience as an equity derivatives structurer or quantitative analyst at a top-tier investment.

Payoff Structurer – Strategic Equity Derivatives in London employer: Citibank (Switzerland) AG

Citi is an exceptional employer, offering a dynamic work environment in the heart of London, where innovation meets strategic growth in the capital markets. Employees benefit from a collaborative culture that fosters professional development and encourages creativity in structuring bespoke equity derivative solutions. With significant investment in its London headquarters and a commitment to employee growth, Citi provides a unique opportunity for those looking to make a meaningful impact in the financial sector.

Citibank (Switzerland) AG

Contact Detail:

Citibank (Switzerland) AG Recruiting Team

StudySmarter Expert Advice🀫

We think this is how you could land Payoff Structurer – Strategic Equity Derivatives in London

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.

✨Tip Number 2

Prepare for interviews by practising common questions and scenarios related to equity derivatives. We recommend doing mock interviews with friends or using online platforms to get comfortable with your responses.

✨Tip Number 3

Showcase your skills through projects or case studies. If you’ve worked on any relevant projects, be ready to discuss them in detail. This will demonstrate your expertise and passion for the role.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Payoff Structurer – Strategic Equity Derivatives in London

Equity Derivatives Structuring
Quantitative Analysis
Product Innovation
Client Relationship Management
Risk Management
Capital Efficiency Analysis
Regulatory Compliance (PRIIPs, MiFID II, EMIR, BMR)

Some tips for your application 🫑

Tailor Your CV:Make sure your CV reflects the skills and experiences that are relevant to the Payoff Structurer role. Highlight your experience with equity derivatives and any quantitative analysis you've done. We want to see how you can bring value to our team!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our needs. Be specific about your achievements in structuring bespoke solutions and driving client engagement.

Showcase Your Technical Skills:Since this role requires a strong technical foundation, make sure to mention any relevant tools or methodologies you’ve used in your previous roles. We’re looking for someone who can engineer complex payoffs, so don’t hold back on your quantitative skills!

Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to track your application and ensure it reaches the right people. Plus, it shows you’re serious about joining our team!

How to prepare for a job interview at Citibank (Switzerland) AG

✨Know Your Payoffs

Make sure you brush up on the various types of equity derivative payoffs, especially the more complex ones like barrier and worst-of structures. Being able to discuss these confidently will show that you have the technical depth needed for the role.

✨Showcase Your Quant Skills

Prepare to demonstrate your quantitative analysis skills. Be ready to discuss how you've tailored strategies in the past, including specifics about volatility budgets and sector tilts. This will highlight your ability to develop bespoke solutions for clients.

✨Understand the Market Landscape

Stay updated on current market trends and dynamics, particularly around volatility surfaces and correlation. Being able to reference recent developments will not only impress your interviewers but also show that you're proactive about anticipating client needs.

✨Collaborate and Communicate

Since this role involves cross-functional collaboration, think of examples where you've worked with different teams, such as trading or compliance. Highlighting your communication skills and teamwork will demonstrate that you can thrive in Citi's collaborative environment.