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Career Opportunity

Emerging Markets Cash Trader

Locations: Riyadh, Ar Riyāḑ Job Function: Trading, Institutional Trading Employee Status: Regular Job ID: 20192226

The Emerging Markets Cash Trader is 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.

Job Purpose:

  • Execution of agency client orders
  • Generation of client business through “facilitation” and managing risk flows accordingly
  • Positioning book according to where we believe we can most effectively maximize commission


Responsibilities:

  • Liaise with tech, quant, compliance, legal and local offices
  • Drive business requirements for all facets of the franchise
  • Interact with other citi trading groups such as flow, deltaone, warrants, and other trading desks to maximize synergies
  • Enhance franchise client and exchange relationships
  • Grow the business significantly from its current levels. 
  • Candidate must hold all registration and local certified person qualifications (CME1, CME3, Trader certificate)
  • Work with vendor to develop the system to achieve best execution
  • Work on all Tadawul initiatives with other team members
  • Own the trading manual and make sure it’s up to date capturing all changes and enhancements
  • Monitor PnL of the desk

Development Value:

  • Expand trading and market making experience and risk management practices
  • Experience in high volume trading environment
  • Develop a detailed understanding of the business, its products and processes and how it operates within a large organisation
  • Develop a strong network of contacts within and beyond Citigroup

Knowledge/Experience:

  • Knowledge of  EM and or EM markets and products
  • Interaction with retail order flow
  • Experience in market making and facilitation hedging

Skills:

  • Proven trading skills
  • Proven risk management skills are critical
  • Must work well as part of team
  • Interpersonal and communication skills essential for working with internal and external groups
  • The ability to multitask & work under pressure
  • Adaptability & Flexibility

Qualifications:

  • Basic knowledge of investment types, specifically listed equity
  • Proven track record of running a risk book profitably
  • Experience in executing orders across the CE3 markets
  • Preference for GCC / Saudi National candidates

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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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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.

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