Job Purpose:
- Part of the NAM Delta-One trading team, the Trader is responsible for pricing, risk management, trading, and booking of our D1 Client Term business
- The Trader will also be responsible developing new strategies for optimizing balance sheet, liquidity, and capital across multiple parts of the D1 business
- Managing the long dated forward book the trader will also expand our NAM D1 offering
- Responsible for optimization and long dated forwards, the trader will work closely with the derivative desks to review the linear products on a myriad of underlying
- He/she will provide efficient D1 hedging and will actively look for business opportunities
- Part of a team of 4/5 traders, the Trader will participate actively in the development and enhancement of our control framework
- Within the Equities and Prime Finance divisions, the Delta One desk offers derivatives products with linear pay-off (ETFs, Swaps, Certificates…) to clients
- The desk is responsible for pricing, trading hedging and booking all delta one trades executed within Citi.
Your Responsibilities:
- Managing risk exposure for the desk on the multiple underlying
- Developing of our US long dated forward trading offering on the D1 platform
- Liaising with relevant control functions to adapt to our new product offering
- Client Pricing of different types of Delta One products
- P&L explanation, attribution
- Generation of Trade ideas for clients.
Skills and Qualifications:
- A similar role with a leading bank. Especially around risk management and client flow.
- Proficiency in mathematics, Financial engineering
- Finance degree, Mathematics degree
- Excel and VBA, Trading experience, pricing of derivatives.
Source: for more information click here.
