Exotics Index Trader, Director

Discover your future at Citi

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Job Overview

Citi's Markets business is one of the largest and most established in the world, offering a wide spectrum of products and services to a diverse client base, including corporations, financial institutions, and governments. Within this global powerhouse, our Equities franchise stands as a market leader, providing deep expertise in cash equities, derivatives, and financing solutions. We are committed to delivering world-class service and innovative solutions to our clients, leveraging our global footprint and cutting-edge technology to navigate the complexities of the market.

An exciting and senior opportunity has arisen for a Director-level Exotics Index Trader within our London-based Equities team. This role is integral to our trading operations, focusing on the complex and dynamic world of exotic derivatives. The successful candidate will be responsible for managing a significant trading book, deploying sophisticated strategies to manage risk, and driving revenue growth. This position offers the chance to operate at a high level within a leading global franchise, interact with key clients, and make a substantial impact on the success of the business.

Primary Responsibilities of the role

• Oversee a complex trading book of equity-based exotic and index derivative products, with a primary focus on revenue generation and risk management.
• Develop and execute sophisticated trading strategies to manage the book's risk profile, ensuring alignment with the firm's overall risk appetite.
• Actively trade the portfolio to meet and exceed budgeted revenue targets while navigating dynamic market conditions.
• Anticipate and respond to client demand for exotic products, structuring and facilitating large-scale trades to serve key institutional clients.
• Build and cultivate a strong client franchise, establishing and maintaining key relationships to drive business growth.
• Collaborate closely with Sales, Research, and other internal partners to develop innovative client solutions and enhance the overall Equities franchise.

What we need from you

• Significant experience in a senior Equities trading role, with a proven track record of successfully managing a trading book.
• Deep, specialized knowledge of exotic and index derivative products, including their pricing, risk characteristics, and market dynamics.
• Demonstrable history of strong performance in revenue generation and sophisticated risk management.
• Advanced analytical, quantitative, and numerical competency, with the ability to model and analyze complex financial instruments.
• Exceptional interpersonal and communication skills, essential for building and maintaining relationships with clients and internal stakeholders.
• Proficiency with industry-standard trading platforms and systems, such as Bloomberg, and familiarity with relevant booking and risk management tools.

What Citi can offer you

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• 27 days annual leave (plus bank holidays)
• A discretional 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

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self, every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

If you are actively working with clients, have a passion for relationships and want to be part of a successful global franchise – then apply today.

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime.

The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.

Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.

Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

• Honesty, Integrity and Reputation
• Financial soundness
• Competence and capability

In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above.

This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.

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Job Family Group:

Institutional Trading

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Job Family:

Trading

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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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.

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