Synthetic Equities Prime Trader

Citi's Markets business is a global leader in financial markets, providing comprehensive capital raising, financing, and risk management solutions to corporations, institutions, and governments worldwide. Within this dynamic environment, our Equities division delivers innovative trading, sales, and research services across a broad spectrum of equity products, playing a pivotal role in connecting clients with global investment opportunities.

As a Synthetic Prime Trader, you will be an integral part of our Equities team, contributing directly to the strategic growth and operational excellence of our Synthetic Prime Brokerage (SPB) platform. This role offers a unique opportunity to manage trading books, optimize processes, and collaborate with key internal and external stakeholders, ensuring robust risk management and efficient client service within a leading global financial institution.

• Risk manage Synthetic Prime Brokerage trading books, including responsibility for risk mitigation, hedging, P&L, reconciliation, and accurate reporting.
• Drive process reengineering and streamlining initiatives, maintaining a robust framework of key risks and controls.
• Collaborate with Prime Sales Trading teams to effectively apply pricing and rerates to client swap positions.
• Partner with Technology teams to enhance systems, improving trading flow efficiency, operational processes, and controls, while eliminating manual touch points.
• Analyze market trends and client needs to identify new trading opportunities and optimize existing strategies within the Synthetic Prime platform.
• Ensure strict adherence to regulatory requirements and internal policies related to trading activities and risk management.

• Bachelor's or Master's degree in a numerical (STEM) subject or equivalent experience.
• Strong analytical and quantitative skills with a proven track record in financial markets.
• Proficiency in programming languages such as Python, SQL, and VBA.
• Demonstrated experience in trading book management, risk mitigation, and P&L attribution, preferably within a Prime Brokerage or Equities context.
• Excellent interpersonal and communication skills to develop and maintain effective relationships with internal and external stakeholders.
• Deep understanding of financial products, market structures, and regulatory landscape, particularly within equity derivatives or synthetic products.

• 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.

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.

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.