At a Glance
- Tasks: Design bespoke equity derivative payoffs and collaborate with sales to drive client engagement.
- Company: Citi, a leading global financial services company with a strong focus on innovation.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Exciting role with significant impact on client relationships and product innovation.
- Why this job: Join a top-tier team and shape the future of equity derivatives in a vibrant market.
- Qualifications: Experience in equity derivatives structuring or quantitative analysis is essential.
The predicted salary is between 100000 - 150000 € 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 — including its Equity Derivatives franchise — 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 — 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 — recently the subject of a £1.5 billion headquarters redevelopment — 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 — including asset managers, private banks, insurance companies, and corporates — 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.
Demonstrated experience as an equity derivatives structurer or quantitative analyst at a top‑tier investment.
Payoff Structurer – Strategic Equity Derivatives in London employer: Citigroup, Inc.
Citi is an exceptional employer, offering a dynamic and innovative work environment in the heart of London, where employees can thrive in a culture that values collaboration and creativity. With a strong focus on employee development, Citi provides ample opportunities for growth and advancement within its well-funded Equities division, allowing team members to engage in cutting-edge product innovation while building meaningful client relationships. The recent £1.5 billion redevelopment of Citi's London headquarters further enhances the workplace experience, making it an attractive destination for professionals seeking impactful careers in finance.
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! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising your pitch. Know your stuff about equity derivatives and be ready to discuss your past experiences. We recommend doing mock interviews with friends or using online resources to get comfortable with common questions.
✨Tip Number 3
Showcase your skills through projects or case studies. If you’ve worked on any relevant projects, make sure to highlight them during interviews. This is your chance to demonstrate your technical depth and commercial instinct in action!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. 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
Some tips for your application 🫡
Show Your Passion for Equity Derivatives:When writing your application, let your enthusiasm for equity derivatives shine through. We want to see that you’re not just ticking boxes but genuinely excited about the role and the impact you can make in structuring bespoke solutions.
Tailor Your Experience:Make sure to highlight relevant experiences that align with the responsibilities mentioned in the job description. We love seeing how your past roles have prepared you for this position, especially in product innovation and client engagement.
Be Clear and Concise:While we appreciate detail, clarity is key! Keep your application straightforward and to the point. Use bullet points where necessary to make it easy for us to see your qualifications at a glance.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Citigroup, Inc.
✨Know Your Payoffs
Make sure you have a solid understanding of various equity derivative payoffs, especially the bespoke ones mentioned in the job description. Brush up on barrier options, cliquets, and digitals. Being able to discuss these confidently will show your technical depth.
✨Showcase Your Commercial Instinct
Prepare examples of how you've driven origination and deepened client relationships in previous roles. Think about specific instances where your commercial instincts led to successful transactions. This will demonstrate that you can bridge the gap between technical skills and client engagement.
✨Collaborate Like a Pro
Since the role involves cross-functional collaboration, be ready to discuss how you've worked with different teams in the past. Highlight experiences where you’ve partnered with trading, compliance, or risk teams to deliver structured solutions. This shows you’re a team player who understands the bigger picture.
✨Stay Ahead of Market Trends
Familiarise yourself with current market trends, especially around volatility surfaces and correlation dynamics. Be prepared to share your insights on how these factors could influence client demand. This will position you as someone who is not just reactive but proactive in anticipating market needs.