Asia EM FX Options Trader

Posted:
12/22/2024, 6:20:40 AM

Location(s):
London, England, United Kingdom ⋅ England, United Kingdom

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking

Workplace Type:
Hybrid

Citi is looking to hire a trader to oversee an Asia EM FX Option trading book. You will be based outside the Asia timezone (London)  and work alongside the team located in Singapore to service our global franchise. You would be expected to discuss and grow our business in this space.

You will work in conjunction with the global trading team to deliver on revenue and franchise goals, and with key stakeholders to grow and develop the FX Options franchise.

You will deploy best practice on pricing and risk management in a fashion that positively influences other traders on the desk and to contribute to a positive culture on the desk and with the sales partners.

This is a fantastic opportunity for an experienced trader who is looking to take ownership of a book and drive the business forward with the support of their peers across the markets business.

What you will do will be varied day to day, but the key drivers for the role are:

  • Responsibly oversee risk on a trading book as a proficient FX Options trader
  • Generate revenues to achieve targets whilst considering market and franchise conditions
  • Build and maintain a franchise and connect with key clients in a fashion that fits with desk’s strategy and target clients
  • Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance
  • Build a culture of responsible finance, good governance and supervision, expense discipline and ethics
  • Demonstrate 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 Services
  • Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe.

What we will need from you:

  • This is not an entry level role, so the successful candidate will need to be already managing risk and have in depth knowledge of respective products and clients.
  • Will need to have trading experience in FX Options or closely related products, with a relevant revenue generating track record.
  • Experience of working closely with Sales, Research, and other organizations across Markets to provide market liquidity and help build the Citi franchise through the monetisation of client flows.
  • Clear and concise written and verbal communication and effective interpersonal skills to develop and maintain relationships with internal and external stakeholders.
  • A strong understanding of Bloomberg, booking systems, trading protocol, closing technicalities.
  • Bachelor’s degree/University degree or equivalent experience
  • Master’s degree preferred

What we will provide you:

This role will provide you with the opportunity to work within our FX business, leveraging a strong franchise. You will work closely with many senior stakeholders across the markets platform in a bank that offers a diverse career path with global opportunities.

By joining Citi, you will not only be part of a business casual workplace with a hybrid working model but also receive a competitive base salary, and enjoy a whole host of additional benefits such as:

  • 27 days annual leave (plus bank holidays)
  • A discretional annual performance related bonus
  • Private Medical Care & Life Insurance
  • Employee Assistance Program
  • Pension Plan
  • Paid Parental Leave
  • Special discounts for employees, family, and friends
  • Access to an array of learning and development resources

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self, every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime.

The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.

Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.

Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

•             Honesty, integrity and reputation

•             Financial soundness

•             Competence and capability

In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above.

This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.

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Job Family Group:

Institutional Trading

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Job Family:

Trading

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Time Type:

Full time

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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.

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