Skip to main content



The health and safety of our colleagues and candidates for employment are our highest priority. Accordingly, Citi continues to monitor the COVID-19 situation closely. We have implemented precautionary measures across our firm globally, including conducting all candidate interviews virtually on a temporary basis until further notice where needed.

Rates Algo Trader

Job Req ID 21305869 Primary Location New York, New York Job Category Institutional Trading
Apply Now

The Trader is an intermediate level position responsible for assisting with a trading book and mitigating risk, in coordination with the Trading team. The overall objective of this role is to process trades for a trading book and achieve revenue targets.


Assist with a trading book and generate revenues and manage risk for the respective business
Coordinate with Sales, Research, CMand and other organizations across Markets and Securities Services and the broader business
Trade a book and deliver on budgeted revenues and manage book risk
Establish and maintain key relationships to deliver trades to the desk
Anticipate client demand in each respective product/market
Coordinate with desk analysts as needed and with sales to develop the franchise
Leading strong governance and controls:
Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance in order to ensure appropriate governance and control infrastructure
Build a culture of responsible finance, good governance and supervision, expense discipline and ethics
Appropriately assess risk/reward of transactions when making business decisions; demonstrating proper consideration for the firm’s reputation.
Be familiar with and adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services
Adhere to all policies and procedures as defined by your role which will be communicated to you
Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

2-5 years of experience in a related role
Knowledge of respective products and clients
Required licensing and registrations as applicable
Advanced analytical and numerical competency
Consistently demonstrates clear and concise written and verbal communication
Effective interpersonal skills to develop and maintain relationships with internal and external stakeholders
Ability to analyze and pitch situations and determine suitable counterparties
Knowledge of Bloomberg, booking systems, trading protocol, closing technicalities

Graduate degree or equivalent experience

  • Perform quantitative modelling, calibrate models in pricing and hedging strategies
  • Keep track of market movement, Fed policy in daily market making operation
  • Utilize market knowledge and macro/quantitative strategies to facilitate market making business on linear rates desk
  • Build and utilize tools to automate data analysis process
  • Utilize quantitative analytical skills, and knowledge of mathematical models in strategy/system optimization


Job Family Group:

Institutional Trading


Job Family:



Time Type:

Full time


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

Apply Now
  • Join our team
    of 200,000+
    strong diverse employees

  • Socially minded employees volunteering in communities across 90 countries

  • Meaningful career opportunities thanks to a physical presence in over 98 markets

We foster a culture that embraces all individuals and encourages diverse perspectives, where you can make an impact and grow your career. At Citi, we value colleagues that demonstrate high professional standards, a strong sense of integrity and generosity, intellectual curiosity, and rigor. We recognize the importance of owning your career, with the commitment that if you do, we promise to meet you more than half way.

Saved Jobs

You have no saved jobs

Previously Viewed Jobs

You have no viewed jobs