Agency Securities Finance Trader, VP

Securities Finance encompasses the Agency Securities Lending (ASL), Directed Agent Investment Services (DAIS), and Collateral Services products within Investor Services. The business partners with institutional investors to enhance their portfolio returns through intrinsic value securities lending, liquidity management, and collateral optimization. Citi's key strengths include unsurpassed global branch network, robust risk management, real-time controls, product innovation, dynamic reporting, and market thought leadership. The business is seeking a government fixed income trader to work on the desk in New York.

Citi provides 24-hour trading coverage and client services through its business locations in Sydney, Hong Kong, London, Dublin, and New York. Citi’s strategic presence in these locations is designed to align our business with our client base and provide a platform to target new client mandates. Our traders execute transactions for leading global institutional investors including Sovereign Wealth Funds, Pension Funds, Insurance Companies, ETF Issuers, and Mutual Funds. Leveraging our market-leading combination of securities lending expertise, local branch network, and breadth and depth of supply enables us to create mutually beneficial opportunities for both lenders and borrowers alike. 

Responsibilities:

• Manage cash investments according to client guidelines and within prudent portfolio risk parameters.

• Participate in daily trading activities to maximize our clients’ portfolio performance.

• Adhere to risk & control guidelines specifically as it relates to counterparty credit limits, best execution, and fiduciary obligations.  

• Develop and maintain relationships with investment counterparts, and stay abreast of macro interest rate environment.

• Identify and present trading opportunities to clients in order to manage risk and performance.

• Work with the global sales, client executive, and product colleagues to build and present portfolio models for prospective and existing clients.

• Prepare market commentary for prospective and existing clients, as well as management reporting.   

• Interface with operations, technology, and account management teams to ensure proper controls, settlements and client reporting.

Projects and Deliverables:

• Support the execution of daily trading activity to maintain best-in-class industry rankings.     

• Exceed revenue, profitability, and return on capital targets through optimal execution and broadening client base.

• Partner with global trading & quantitative analysis teams to enhance proprietary trading analytics & optimization engine designed for portfolio benchmarking and attribution.

• Help facilitate business process re-engineering, to add efficiencies to and streamline investment trading functions.

• Build and sustain working relationships with colleagues across Securities Services & the broader ICG.

Qualifications:

• 6 – 10 yeas of Investment Trading and/or Investment Management experience, especially within the global money markets. Securities Finance market knowledge preferred.  

• Proficiency with Bloomberg, QlikView, MS Excel modelling & macro development.

• Ability to analyze and determine pricing for short term fixed income securities, along with relative value of investments according to a set of guidelines.

• Ability to multitask and work under time pressure. Self-motivator with entrepreneurial disposition.

• Ability to translate and articulate investment thoughts and ideas to a larger audience including colleagues, senior management, and clients.

Education:

• Bachelor’s/University degree, Master’s degree preferred

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

------------------------------------------------------

------------------------------------------------------

------------------------------------------------------

------------------------------------------------------

------------------------------------------------------

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

------------------------------------------------------

------------------------------------------------------

------------------------------------------------------

------------------------------------------------------

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.

Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.

Illinois residents – AI Notice and Right

------------------------------------------------------

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.