• Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Citi-US
  • 2018-10-23

ETF & Macro Trader - Associate/VP

ETF & Macro Trader - Associate/VP

  • Primary Location: United States,New York,New York
  • Education: Bachelor's Degree
  • Job Function: Trading
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 18061294


About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.

Citi's Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.

Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.

Position Objective:

Associate/VP-level trader on ETF market-making desk in Delta-1 / Equities at Citigroup. This individual will be involved in all aspects of ETF trading: market-making, risk management, pricing, technology, infrastructure, content, and client engagement.

Key Responsibilities:

• Be involved in all aspects of trading and ETF market-making from a risk, technology, and client perspective
• Pricing, execution, and position management of ETFs spanning all asset classes for Citi's institutional clients
• Analyze flows, process trends, and assist in identifying P&L and trading opportunities for the desk
• Engage internal equity sales partners and clients via macro content and idea generation
• Fulfill daily book maintenance responsibilities including P&L, trade booking, creation/redemption, risk true-ups, etc
• Partner with Technology development and quant teams to improve ETF market-making and trading architecture

Development Value:
• Extremely visible seat that allows for engagement across the equity franchise
• TF product is a high profile seat within Citi Equities sitting between core partners in d1, cash, derivs franchises
• Candidate will learn how to take and own macro/thematic equity risk
• Ability to scope and execute on technology build within a growing product


• 2-5 years of ETF & Equity Trading experience
• Candidate has directly owned risk and P&L
• Robust macro knowledge and proficiency
• Understanding of ETF market structure

• Excel
• Programming (Java, Python)

• Bachelor's and/or Master's Degree
• S7, 63, 55 licenses

• Highly-motivated and resilient
• Commercial and articulate
• Organized and ability to multi-task
• Works well in team environment
• P&L and results focused