- New York, NY, USA
- Permanent, Full time
MAG Structurer - VP
MAG Structurer - 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: 18046057
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.
The Multi Asset Group ("MAG") is an integral part of the Markets and Banking division of the Institutional Clients Group. MAG is responsible for all Structuring, Platform development, Packaging and Trading of products for Institutional and Retail clients across asset classes. Although a multi-asset team, the primary focus is on equity and hybrid asset classes.
We are looking for an experienced Structurer with strong quantitative and communication skills for the Investor Structuring Group within MAG, with a primary focus on retail business. The responsibility of the retail side of the Investor Structuring group is to expand the structured flow business in the Americas by (i) providing innovative equity and multi-asset trade ideas to sales and assisting them in delivering solutions to different channels (third party, broker-dealers, private banks, etc), (ii) executing such trades in close cooperation with the exotic equity derivative and hybrid trading desks and (iii) assisting/leading in platform development and automation solutions
We are looking for a candidate to run the daily execution business with an associated team. This includes pricing the more complex structures that require senior structuring expertise, as well as managing the day to day flow to ensure a proper allocation of resources and efficient operation.
The successful candidate will have experience in pricing and executing equity or hybrid structured products and developing strategies for clients: pricing of options and notes, comfort with legal documents (term sheets, prospectuses, etc.), problem solving. Additionally, the successful candidate will have knowledge of the US SEC Registered Note business and understand the complexity of the market: US tax regime, specific limitations, opportunities for growth.
A minimum of 4-5 years relevant work experience with structured products
• Strong quantitative and analytical skills
• Strong communication skills
• Ability to work with multiple functional groups in a cohesive manner.
• VBA and C ++ proficient
• Undergraduate degree required
• Applicable licenses: 7 and 63