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- Primary Location: United Kingdom,England,London
Education: Bachelor's Degree
Job Function: Trading
Shift: Day Job
Employee Status: Regular
Travel Time: No
Job ID: 18033194
Delta 1 Trader
Competitive Salary Offered
Part of the EMEA Delta-One trading team, the Trader is responsible for pricing, risk management, trading, and booking of our D1 Forwards business.
The trader is also responsible for helping to improve technical aspects of the platform and add quantitative or strat knowledge to the team.
Within the Equities and Prime Finance divisions, the Delta One desk offers linear derivatives product (forwards, ETFs, Swaps, Certificates...) to clients. The desk is responsible for pricing, trading hedging and booking all delta one trades executed within Citi
- Client Pricing of Delta One products
- Risk management of the book
- PandL explanation, attribution
- Management of the Inventory of the desk
- Optimisation of the funding of the desk’s assets
- Generation of Trade ideas for clients
- Helping to design tools and new processes
- Understand quant models and tech processes where required
Quant or strat desk background preferable, or similar experience in a Tier 1 Bank.
Broad Quantitative skills
Understanding of the delta1 quant space
Quantitative degree, Postgraduate level preferred.
Pricing of derivatives, optimisation routines
Candidates applying for this role must be aware that it is a Certified Role, subject to the Certification Regime. The Certification Regime is one element of the Individual Accountability Regime which has come into effect on 7 March 2016. Under the Certification Regime, certain 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, certain 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, reference checks, credit checks and other background checks.If hired for this role, you will also be required to complete an annual declaration regarding your Fitness and Propriety.
By submitting your application, you acknowledge that you have read the information above and that you are applying for a Certified Role. You also agree to Citi carrying out any additional screening required, including permitted criminal record checks, reference checks, credit checks and any other background checks.
Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.
Valuing Diversity: Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organisational success.
Citi is an Equal Opportunities Employer
Closing Date: June 19, 2018