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Markets Treasury Trader - C15, Director, Global Markets

Job Req ID 22588694 Location(s) New York, New York Job Category Institutional Trading
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Job Purpose:

To work within the Markets Treasury team based in New York, with a specific focus on the management of interest rate and FX risk across the US accrual Markets businesses. 

The role requires managing global macro risks across currencies and product classes in order to maximize returns from hedging the underlying accrual banking book risks, including Volcker permitted prop risk taking within prescribed regulatory and internal risk limits.

The role encompasses banking book interest rate and FX risk management and hedging, HQLA bond investment portfolio management, and nostro account management. 

Job Background/context:

Markets Treasury is globally responsible for managing Citigroup’s (ICG) Bank liquidity. Markets Treasury manages and hedges significant interest rate and liquidity risk arising from the bank chain balance sheet utilizing a range of cash and derivative fixed income products, including a portfolio of high quality fixed income securities. The business additionally engages in selected secured lending activity.

Markets Treasury is the primary interface for Markets users of the bank balance sheet in the US, partnering all other Markets bank chain product groups to facilitate their accrual risk hedging and treasury requirements in order to develop the Treasury franchise, while working within a pre-determined transfer pricing framework, internal Citi liquidity and price risk limits and related policies, along with the external regulatory frameworks applicable to the activities of the business. 


Key Responsibilities:

•    To work in the Markets Treasury US team based in New York, managing banking book price risk profiles using cash, HQLA assets and derivative products, as appropriate, within permissible regulatory and internal frameworks and risk tolerances, to generate strong, stable returns and to efficiently manage activity.


•    This includes: 
o    Day-to-day management of the market risk associated with managing the transfer priced balance sheet of Markets’ bank chain activity and CNAI.
o    Delegated management of HQLA under the authority of the Citi Treasurer.
o    Monitoring of resultant liquidity, interest rate and currency risks within approved limits, triggers and ratios. 


•    Work as a partner with Citi Treasury (ALM, BSSO, Regional Treasury, GLM) and the broader Global Markets Treasury business.

Development Value:

•    The incumbent would gain first-hand experience of working in a multi-product, multi-currency trading environment. The individual will gain valuable knowledge across a wide range of product and regulatory areas. 


•    In working closely with the other businesses across the wider Markets business the individual would enhance their book and balance sheet management skills, as well as liquidity and interest rate exposures.


•    The role also gives the opportunity to build general Treasury and business management skills in orchestrating activity across partner and support business groups including GSP, Rates, FX, Citi Treasury, Product Control and the Operations Departments within the ICG.


•    You will become a member of a high visibility team within MSS, with a specific focus of interest rate risk management.

Knowledge/Experience
•    Extensive experience of managing market risk.
•    Strong understanding of macroeconomics in relation to fixed income markets.
•    Strong knowledge of Interest Rate and FX products and markets.

Skills:
•    Effective communication skills
•    Efficient time management
•    Wide-ranging analytical/quantitative skills

•    Organisational and planning skills
•    Work as part of a broader flexible team 
•    Appropriately assess risk/reward of transactions when making business decisions and ensure that all team members understand the need to do the same, demonstrating proper consideration for the firm’s reputation.

Education:
•    Undergraduate Degree

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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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Primary Location:

New York New York United States

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Primary Location Salary Range:

$200,000.00 - $300,000.00

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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.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

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Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

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