• Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Citi-US
  • 2019-02-16

Equity Derivatives Flow Trader - VP/Director

Equity Derivatives Flow Trader - VP/Director

  • 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: 19002538


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.

Equity Derivatives Flow Trader - VP/Director

Citigroup is searching for a Flow Trader to join its NAM Equity Derivatives Trading team. Citigroup's Flow desks service a variety of clients ranging from mutual funds, hedge funds, pension funds, institutional money managers, to retail clients and insurance companies. Products traded with clients include listed and OTC vanilla options, variance swaps, volatility swaps, and dividend swaps in Index and Single Stock products. Index is traded on NASDAQ, S&P 500, Russell, VIX and other major indices, as well as all ETF products.

Key Responsibilities:

• Pricing, hedging and risk managing products traded by the desk
• Work to strategically grow the business collaboratively with internal partners
• Collaborate with quants, market risk management, and product control to maintain and improve the firm's infrastructure around the Index Flow business

Development Value:

The candidate will be part of a top-tier trading team and immediately be involved in all aspects of maintaining and expanding the franchise: from pricing, risk management and technology initiatives


• Minimum of 5 years' experience in a similar role with a leading bank, specifically around index volatility
• Strong knowledge of derivative products
• Working knowledge of the Equity and Options markets
• Strong verbal communication and analytical skills
• Programming skills
• Good reputation, hard worker, team player, ability to act fast under pressure
• Ability to partner and build working relationships with colleagues across trading, sales, quants, strategy and support desks
• 4 year degree from top tier school