Citi's Global Markets business is a leading financial services franchise, offering unparalleled access to trading, hedging, and investment opportunities across a broad range of asset classes. Within this dynamic environment, our Rates business stands as a cornerstone, delivering innovative solutions and deep market insights to our institutional clients worldwide. We pride ourselves on our sophisticated trading capabilities, extensive global footprint, and commitment to client success, operating at the forefront of financial innovation.

We are seeking a highly motivated and experienced individual to join our team as an AVP/VP EURO SSA Trader. This role offers a unique opportunity to contribute to a critical trading desk, managing risk and optimizing returns within the European Supranational, Sovereign, and Agency (SSA) bond market. The successful candidate will play a pivotal role in market making, client execution, and strategic positioning, directly impacting the profitability and market presence of Citi's Fixed Income franchise. This is an exciting opportunity for a professional looking to deepen their expertise in fixed income trading within a global tier-one investment bank.

Primary Responsibilities of the role

• Actively manage a trading book focusing on EURO-denominated Supranational, Sovereign, and Agency (SSA) bonds, ensuring adherence to risk limits and regulatory requirements.
• Execute client orders and provide competitive pricing for a diverse range of institutional clients, fostering strong relationships and enhancing market share.
• Develop and implement proprietary trading strategies, leveraging market insights and quantitative analysis to identify and capitalize on trading opportunities.
• Monitor market developments, economic indicators, and geopolitical events impacting the EURO SSA market, adapting trading strategies accordingly.
• Collaborate with sales, research, and other trading desks to optimize inventory, share market intelligence, and cross-sell relevant products.
• Contribute to the ongoing development and improvement of trading infrastructure, risk models, and analytical tools.

What we need from you

• Proven experience as a trader within a leading investment bank, with a specific focus on EURO SSA bonds or broader European government bond markets.
• Strong understanding of fixed income products, market microstructure, and trading dynamics within the SSA space.
• Demonstrated ability to manage risk effectively in a fast-paced trading environment.
• Excellent quantitative and analytical skills, with proficiency in financial modeling and data analysis.
• Solid client management skills, with the ability to build and maintain strong relationships with institutional clients.
• Bachelor's or Master's degree in Finance, Economics, Mathematics, or a related quantitative field. Relevant professional certifications (e.g., CFA) are a plus.

What Citi can offer you

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), 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.

If you are actively working with clients, have a passion for relationships and want to be part of a successful global franchise – then apply today.

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

Certified Role Wording

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.

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

Job Family Group:

Institutional Trading

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

Job Family:

Trading

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

Time Type:

Full time

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

Most Relevant Skills

Please see the requirements listed above.

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

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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

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.