At a Glance
- Tasks: Shape the future of electronic execution strategies and optimise algorithmic trading solutions.
- Company: Join Citi, a leading global financial services provider with a dynamic culture.
- Benefits: Enjoy 27 days annual leave, private medical care, and a hybrid working model.
- Why this job: Make a real impact in electronic trading while collaborating with top-tier clients and teams.
- Qualifications: Experience in listed derivatives and strong analytical skills, especially in Python.
- Other info: Be part of a diverse workplace that values your unique self every day.
The predicted salary is between 36000 - 60000 £ per year.
Citi's global Markets business is a leading financial services provider, offering a comprehensive suite of products and services across various asset classes, including a robust Listed Derivatives platform within the wider Equities and Markets Franchise. With a strong global presence, Citi connects institutional clients, corporations, and governments to capital markets, providing innovative solutions and unparalleled market access. The firm's commitment to technological advancement and client-centric strategies drives its success in an ever-evolving financial landscape.
This position as an Electronic Futures Product Manager in London offers an exciting opportunity to shape the future of electronic execution strategies within Citi's Markets business. The role is pivotal in developing and optimizing advanced algorithmic trading solutions for futures and broader listed derivatives, influencing product roadmaps, and driving client engagement. It demands a proactive individual who can bridge technology, business, and client needs, contributing significantly to the firm's global market footprint in electronic trading.
Primary Responsibilities of the role:- Drive the design and optimization of advanced futures algorithmic execution strategies, enhancing performance and client-facing analytics.
- Lead Transaction Cost Analysis (TCA) to assess algo performance, informing product development and client solutions.
- Manage internal technology teams and external vendors to ensure timely and effective delivery of projects and initiatives in electronic trading across a complex trading architecture.
- Collaborate with clients on quantitative analysis and projects, providing expertise in electronic execution.
- Work closely with compliance and Electronic Trading risk managers to establish robust controls that protect the firm while supporting trading objectives.
- Act as an internal advocate for electronic trading across asset classes, including Cash Equities, Rates, FX, and Commodities, driving cross-functional projects.
- Proven experience within listed derivatives markets, including a deep understanding of market structure, microstructure, and derivative nuances.
- Expertise in algorithmic execution, Trading Analytics (TCA), and familiarity with exchanges, OMS/EMS vendors, and FIX protocol.
- Strong analytical and mathematical skills, with proficiency in Python for charting and analytics, leveraging traditional and ML techniques for data insights.
- Ability to review complex trading systems and risk platforms, identifying technical issues, algo behaviour edge cases, and gaps in protective controls.
- Demonstrated confidence in engaging with institutional clients to market offerings and solving complex issues.
- Solid understanding of regulatory requirements across various jurisdictions and the ability to adhere to internal policies.
- 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:
- 27 days annual leave (plus bank holidays)
- A discretionary 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. If you are actively working with clients, have a passion for relationships and want to be part of a successful global franchise – then apply today.
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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.
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. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.
Electronic Futures – Product Manager employer: Citigroup Inc.
Contact Detail:
Citigroup Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Electronic Futures – Product Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Citi or similar firms. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by diving deep into algorithmic trading and market structures. Brush up on your Python skills too! Being able to discuss these topics confidently will set you apart from the crowd.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've used data to drive decisions or improve processes in past roles. This is key for a Product Manager role focused on execution strategies.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're serious about joining the team at Citi.
We think you need these skills to ace Electronic Futures – Product Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Electronic Futures Product Manager role. Highlight your experience in listed derivatives and algorithmic execution, as well as any relevant projects you've worked on that showcase your analytical skills.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about electronic trading and how your background aligns with Citi's goals. Don't forget to mention specific experiences that demonstrate your ability to bridge technology and client needs.
Showcase Your Technical Skills: Since this role requires proficiency in Python and Trading Analytics, make sure to highlight your technical skills clearly. Include any relevant projects or achievements that demonstrate your ability to leverage data insights effectively.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of success. It’s the easiest way for us to see your application and get you into the process quickly. Don’t miss out on this exciting opportunity!
How to prepare for a job interview at Citigroup Inc.
✨Know Your Algorithms
Make sure you brush up on your knowledge of algorithmic execution strategies. Be ready to discuss specific examples of how you've optimised trading algorithms in the past, and how you can apply that experience to enhance performance at Citi.
✨Understand Market Structure
Dive deep into the nuances of listed derivatives markets. Familiarise yourself with market microstructure and be prepared to explain how these concepts influence trading decisions and client engagement. This will show your understanding of the role's demands.
✨Showcase Your Analytical Skills
Since strong analytical skills are crucial for this position, come prepared with examples of how you've used Python for trading analytics or TCA. Highlight any projects where you've leveraged machine learning techniques to derive insights from data.
✨Engage with Confidence
Demonstrate your ability to engage with institutional clients by preparing for potential questions about client relationships. Think of scenarios where you've successfully marketed offerings or solved complex issues, as this will showcase your confidence and expertise.