b Overview /b p In this AVP/VP role, you will manage a European CLO trading book focused on mezzanine and equity tranches, driving revenues with disciplined risk controls. You will work closely with Sales, Research, Structuring, and Risk to grow Citi’s CLO franchise across Europe and support client execution. You’ll monitor market dynamics and provide market insight to shape trading decisions, while mentoring junior traders. This role offers exposure to high-profile institutional clients and strategic franchise development within a leading global bank. /p b Pay / Benefits /b ul li 27 days annual leave /li li discretionary annual performance-related bonus /li li Private Medical Care /li li Life Insurance /li li Pension Plan /li li Paid Parental Leave /li /ul b Responsibilities /b ul li Manage and develop a CLO trading book with emphasis on mezzanine and equity tranches; execute trades, manage risk, and hit revenue targets. /li li Build and maintain client relationships, anticipate demand, and facilitate large institutional trades as a credible market presence. /li li Collaborate with Sales, Research, Structuring, and internal teams to grow the franchise and identify secondary trading opportunities. /li li Lead governance and controls with Legal, Compliance, Risk, Audit, and Finance; uphold Code of Conduct and risk-reward discipline. /li li Mentor junior traders, guiding execution, market analysis, and professional development. /li li Monitor CLO market dynamics (collateral quality, valuations, tests, waterfalls, macro trends) and translate insights into trading decisions. /li /ul b Key requirements /b ul li Proven experience in structured credit or CLO trading, portfolio management, or syndication with a traded book. /li li Deep knowledge of CLO structures, including mezzanine/equity dynamics, waterfalls, OC tests, and European leveraged loans. /li li Strong track record in client engagement and franchise development with institutional counterparties. /li li Analytical and quantitative capabilities with CLO tools (e.g., Intex, CDOEdge) plus Bloomberg and risk/booking systems. /li li Familiarity with UK FCA regulatory environment and ability to obtain/maintain registrations. /li li Excellent written and verbal communication to convey complex concepts across stakeholders. /li /ul ul li strong client engagement and relationship-building /li li cross-functional collaboration /li li clear and concise communication /li li Intex /li li CDOEdge /li li Bloomberg /li /ul
European Collateralized Loan Obligation (CLO) Trader, AVP/VP employer: Citigroup
Citi is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets collaboration. As a Sales Director, you will benefit from extensive training and mentorship opportunities, fostering your professional growth while working alongside industry leaders in FX Sales. With a strong commitment to integrity and inclusivity, Citi provides a supportive culture that empowers employees to excel and drive meaningful results for clients.
