Citigroup
Beta Trader - Assistant Vice President - NEW YORK (Resident)
Citigroup, New York, NY
The Beta Trader is an intermediate level position responsible for assisting with a trading book and mitigating risk, in coordination with the Trading team. The overall objective of this role is to process trades for a trading book and achieve revenue targets. This role sits in our Global Markets Business, supporting Global Spread Products.Responsibilities:Assist with a trading book and generate revenues and manage risk for the respective businessCoordinate with Sales, Research, CMand and other organizations across Markets and Securities Services and the broader businessTrade a book and deliver on budgeted revenues and manage book riskEstablish and maintain key relationships to deliver trades to the deskAnticipate client demand in each respective product/marketCoordinate with desk analysts as needed and with sales to develop the franchiseLeading strong governance and controls:Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance in order to ensure appropriate governance and control infrastructureBuild a culture of responsible finance, good governance and supervision, expense discipline and ethicsAppropriately assess risk/reward of transactions when making business decisions; demonstrating proper consideration for the firm’s reputation.Be familiar with and adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities ServicesAdhere to all policies and procedures as defined by your role which will be communicated to youObtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframeAppropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.Qualifications:5-8 years of experience in a related roleKnowledge of respective products and clientsRequired licensing and registrations as applicableAdvanced analytical and numerical competencyConsistently demonstrates clear and concise written and verbal communicationEffective interpersonal skills to develop and maintain relationships with internal and external stakeholdersAbility to analyze and pitch situations and determine suitable counterpartiesKnowledge of Bloomberg, booking systems, trading protocol, closing technicalitiesEducation:Bachelor’s degree/University degree or equivalent experience------------------------------------------------------Job Family Group: Institutional Trading------------------------------------------------------Job Family:Trading------------------------------------------------------Time Type:Full time------------------------------------------------------Primary Location:New York New York United States------------------------------------------------------Primary Location Full Time Salary Range:$150,000.00 - $175,000.00In 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.------------------------------------------------------Anticipated Posting Close Date:Aug 28, 2024------------------------------------------------------Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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 the "EEO is the Law" poster. View the EEO is the Law Supplement.View the EEO Policy Statement.View the Pay Transparency Posting