At a Glance
- Tasks: Trade single-stock derivatives and manage risks in a dynamic trading environment.
- Company: Join Citi, a global leader in financial markets with a collaborative culture.
- Benefits: Enjoy competitive salary, 27 days leave, hybrid work, and extensive learning resources.
- Other info: Great career growth opportunities in a supportive and inclusive workplace.
- Why this job: Develop your market skills and make a real impact in the finance world.
- Qualifications: Degree in a numerical subject and strong analytical skills required.
The predicted salary is between 36000 - 60000 € per year.
Citi’s Markets business is a global leader offering world‑class solutions and unparalleled access across nearly 80 countries. This junior role is within the EMEA Corporate Events Flow Trading (CEFT) and Single Stock Flow (SSF) team in Delta One. You’ll optimise Equities & Prime Brokerage inventory by trading single‑stock derivatives, focusing on dividend and corporate action dates. The position offers an opportunity to develop deep market understanding, hone quantitative skills, and directly contribute to P&L and risk management.
Responsibilities
- Proactively manage and mitigate risks across trading books, ensuring accurate P&L reporting and reconciliation.
- Execute OTC and listed trades with counterparties and through inter‑dealer brokers to manage the firm’s inventory, adhering to transaction terms, approvals, and restrictions.
- Collaborate with the stock loan and funding desks to build synthetic short coverage, improving balances and the efficiency of delta‑one and wider equities financing.
- Work closely with derivatives and delta‑one sales teams to service single‑stock futures clients, fulfilling pricing requests and aligning with client growth strategies.
- Provide expert pricing for prime brokerage and synthetic prime brokerage positions related to dividends, offering insights into liquidity and corporate action complexities.
- Optimize corporate action elections across all firm positions, managing conflicting stakeholder interests to mitigate risk and capture revenue opportunities.
- Partner with technology teams to enhance trading systems, increase efficiency, improve operational processes, and strengthen desk controls.
Qualifications
- Degree in a numerical/STEM subject preferred, demonstrating a strong foundation in analytical and quantitative disciplines.
- Strong analytical and quantitative skills essential for risk management, trade execution, and strategic decision‑making.
- Proficiency in programming languages such as Python, SQL, or VBA preferred to support system enhancements and data analysis.
- Effective interpersonal skills to develop and maintain robust relationships with internal and external stakeholders.
What We Offer
- By joining Citi London, you will have a business‑casual workplace with a hybrid model (up to 2 days working at home per week) and receive a competitive base salary, annually reviewed.
- Additional benefits include:
- 27 days annual leave (plus bank holidays)
- 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
Certification Regime
This is a Certified Role, subject to the FCA and PRA Certification Regime. Employees in certain roles identified as significant harm functions are assessed to be fit and proper to carry out their duties. Assessments include extensive interviews, self‑disclosures, permitted criminal record checks, regulated reference checks, credit checks, and other background screening.
Equal Opportunity Employer
Citi is an equal‑opportunity employer. Qualified candidates will receive consideration without regard to race, colour, 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.
Equities Delta One Flow Trader - Single Stock Flow (SSF) & Corporate Events Trading (CEFT) - Citi employer: Jobs via eFinancialCareers
Citi London is an exceptional employer, offering a dynamic work environment that fosters professional growth and development in the fast-paced world of finance. With a competitive salary, generous benefits including 27 days of annual leave, private medical care, and a hybrid working model, employees are empowered to thrive both personally and professionally. The collaborative culture encourages innovation and provides access to extensive learning resources, making it an ideal place for those looking to build a rewarding career in trading.
StudySmarter Expert Advice🤫
We think this is how you could land Equities Delta One Flow Trader - Single Stock Flow (SSF) & Corporate Events Trading (CEFT) - Citi
✨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 brushing up on your quantitative skills and market knowledge. Be ready to discuss how you’d manage risks and optimise trading strategies – show them you know your stuff!
✨Tip Number 3
Don’t just apply through job boards; head over to our website and submit your application there. It shows you're genuinely interested and gives you a better chance of standing out!
✨Tip Number 4
Follow up after interviews with a thank-you note. It’s a simple gesture that keeps you fresh in their minds and shows your enthusiasm for the role. Plus, who doesn’t appreciate a bit of gratitude?
We think you need these skills to ace Equities Delta One Flow Trader - Single Stock Flow (SSF) & Corporate Events Trading (CEFT) - Citi
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Equities Delta One Flow Trader role. Highlight your analytical skills, any relevant programming experience, and your understanding of trading concepts. We want to see how you fit into our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about trading and how your background aligns with the responsibilities listed in the job description. Let us know what makes you tick!
Showcase Your Quant Skills:Since this role requires strong quantitative skills, don’t shy away from showcasing any relevant projects or experiences. If you've worked with Python, SQL, or VBA, make sure to mention it. We love seeing those skills in action!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on our radar. Don’t miss out on this opportunity!
How to prepare for a job interview at Jobs via eFinancialCareers
✨Know Your Numbers
As an Equities Delta One Flow Trader, you'll need to demonstrate strong analytical and quantitative skills. Brush up on key financial metrics, trading strategies, and market trends relevant to single-stock derivatives. Be prepared to discuss how you would manage risks and optimise P&L in real scenarios.
✨Showcase Your Tech Skills
Citi values proficiency in programming languages like Python, SQL, or VBA. Make sure to highlight any relevant projects or experiences where you've used these skills to enhance trading systems or perform data analysis. This will show that you're not just a trader but also tech-savvy.
✨Understand Corporate Actions
Since the role involves optimising corporate action elections, it's crucial to have a solid understanding of how these events impact trading. Prepare to discuss specific examples of corporate actions and how they can create both risks and opportunities in trading strategies.
✨Build Relationships
Effective interpersonal skills are key in this role. Think about how you can demonstrate your ability to collaborate with various teams, such as stock loan and funding desks. Share examples of how you've successfully built relationships in past roles, as this will be vital for servicing clients and managing stakeholder interests.