Citi US Interest Rate Options Trading – VP/Director in New York, New York
Primary Location: United States,New York,New York
Education: Bachelor's Degree
Job Function: Trading
Shift: Day Job
Employee Status: Regular
Travel Time: No
Job ID: 16066885
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.
Citi’s Mission and Value Proposition at http://www.citigroup.com/citi/about/mission-and-value-proposition.html explains what we do and Citi Leadership Standards at http://www.citigroup.com/citi/about/leadership-standards.html explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients’ and the public’s trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.
Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.
Citi’s US Interest Rate Options Trading desk actively makes markets in all non-linear products in the Rates space including but not limited to swaptions, midcurves, curve options, cms, mtg options, cmm, Bermudans, and exotic options. The team actively manages risk using treasuries/swaps, the exchange, otc options and other volatility products.
The position will help manage all aspects of risk management, market making trading activities and client relationship development. Execute trades in various markets, ranging from vanilla rate options and mortgage options to Bermudans and more exotic options. Manage risk of complex and large second-order positions (gamma and cross-gamma) in the option trading books. Additionally will write commentary and market trade ideas to clients.
Bachelor’s degree equivalent in Economics, Finance, Mathematics or a related field and minimum 5 years of experience in the job offered or related position supporting derivatives trading. Prior experience must include trading Rates Options
Teamwork oriented, strong risk management, “go getter” with strong interpersonal skills
Licenses: S7, S63