VP, Delta One Solution Trader

VP, Delta One Solution Trader

Discover your future at Citi. Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community, and make a real impact.

Job Overview

Job Summary : The Delta One Solution team is a client driven business. It focuses on providing client market access and exposure to certain custom and existing indices via delta one derivatives. The candidate will price and execute derivatives, manage the risk of the book and work in close collaboration with Sales to increase Citi's market share. As part of his trading role, the candidate will also coordinate technical development and trading tools improvement.

Key Responsibilities :

• Price custom baskets, MSCI indices and other existing indices according to Citi's constraint and market level
• Execute client orders hedging (live and market on close), including leveraged ETF providers flow
• Monitor and manage risk (delta, financing, rate, x-ccy)
• Monitor and execute indices rebalancing and corporate actions affecting baskets and indices
• Monitor and reconcile pnl in partnership with Product Control group
• Work with partner in Technology and Product development to enhance the platform, improve risk management and client experience
• Stay up to date with market parameters and economical news to generate trading ideas
• Work in close collaboration with Sales force to ensure best in class client services and identify new opportunities. Be responsive to feedback and improve desk practice and push platform development accordingly
• Develop tactical tools to enhance risk management framework and analytics
• Practicing a culture of responsible finance, governance and supervision, expense discipline and ethics
• Connect with Financing and Resources management (FRM) to contain the resource footprint of the desk and respect allocated limit

Qualifications :

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.