Citi’s Synthetic Rates Trading desk needs to develop, execute, and risk manage a large portfolio of Synthetic Rate risk across the Global Rates business, involving interaction with sales, trading, structuring, technology, and quant teams.
Requirements
- Candidate should have 2+ years of experience with Interest Rate derivatives, as well as US Treasuries, Futures Contracts and Volatility products.
- Understanding of Index, ETF products and Repo market a plus.
- Familiarity with pricing models and spreadsheet as well as strong VBA skills a must.
- Working knowledge of Python is preferred.
Responsibilities
- Day to day trading of the Total Return Swap, Bond Forward, ETF and Treasury Index books
- Develop and expand the business by leveraging Citi’s global franchise
- Market opportunities to institutional clients and internal sales teams while optimizing balance sheet
- Execution of daily trade activity with Global Sales team ensuring accurate Risk and PnL reporting
- Manage Technology and Model development projects as well as on-going enhancements
- Seamless coordination with Product Control, Valuation, Quant and Tech teams
Other
- The role requires a candidate who is hard-working and detail-oriented with excellent communication and teamwork skills.
- Candidates should be quantitative and technical, but also ideally creative and a problem solver.
- The person should be enthusiastic, a self-starter and detail-oriented with strong communication, interpersonal and teamwork skills.
- Series 7 and 63 licenses
- Bachelor’s degree/University degree or equivalent experience
