What are the responsibilities and job description for the Trader position at Citi?
Citigroup Global Markets Inc. seeks a Trader for its New York, NY location.
Duties: Plan and strategize to reduce risk, increase return, and preserve Citi’s capital, the latter being the primary objective of the activities. Review economic data releases and determine how those numbers will affect client and Citi positions. Conduct technical analysis to identify stock trends and take appropriate actions to reduce and stop loss. Analyze and develop the best hedging strategies and instruments to protect against such possible losses. Compile reports based on news analysis and internal research. Prepare daily reports of profit and losses and risk exposure for review by Citi’s Financial Control Group and by senior management. Utilize knowledge of sophisticated financial analysis and risk management practices to establish pricing strategies and further develop and identify hedging instruments to seek optimal methods for protecting Citi’s capital base. Utilize knowledge of the financial markets to execute orders and determine strategies for obtaining optimum prices for our client base, comprising the world’s largest institutional investors, including mutual funds, hedge funds, and pension funds in the U.S., Europe, Latin America, Asia, and the Middle East. Focus activities on team’s coverage of equities issued by Latin American companies, both in the local market in the form of ordinary shares and in New York in the form of American Depositary Receipts (ADR). A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.
Requirements: Bachelor’s degree, or foreign equivalent, in Industrial Engineering, Business Administration, Finance, Economics, or a related field, and five (5) years of experience in the job offered, or in a related trading occupation in the financial services industry. Five (5) years of experience must include: Performing and implementing best trading strategies for each Latin America ordinary stock or ADR (on cash or on swaps) to obtain optimum prices for clients considering stock and specific market liquidity profile; Pricing block trades in Latin America stocks and hedging strategies; Performing assessments on political, macroeconomic, and corporate data in Latin America and its impacts on stocks, indexes, and foreign exchange performances; Coordinating execution of international and local clients flow in local Latin American markets and the U.S. using an understanding of regulatory and exchange rules in Latin American markets; and Utilizing Bloomberg to monitor stocks, indexes and foreign exchange, and developing analytical tools to support daily activities. 40 hrs./wk. Applicants submit resumes at https://jobs.citi.com/. Please reference Job ID #24819801. EO Employer.
Wage Range: $250,000.00 to $250,000.00
Job Family Group: Institutional Trading
Job Family: Trading
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Time Type:
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Primary Location:
New York New York United States------------------------------------------------------
Primary Location Full Time Salary Range:
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Apr 22, 2025------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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.
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Salary : $250,000
