Limited Recourse Derivatives Trader (Hybrid)

Specific Description

Limited Recourse Derivatives Business – Within the ICG/Global Markets division the LRD business, a joint-venture between G10 Rates and Global Spread Products, provides Currency and Interest Rate hedging solutions dedicated to asset finance transactions such as Balance-Guaranteed Swaps and more generally structured hedges facing special purpose entities, relying solely on the assets being financed. It combines two of Citi’s great strengths: asset and rates trading, leveraging Citi’s position as market leader in asset finance to deliver tailored-made hedges to financial entities, thinly capitalized equity sponsors and specialty lenders.

Position – The desk is expanding and is looking to add a new trading position based in London for a Vice-President to increase the capacity to price, trade and risk-manage structured products. The focus will be valuation, hedging, booking, risk analysis and monitoring; the candidate is expected to regularly interact with demanding clients, support Citi’s coverage and arrangers, generate ideas, develop hedging solutions, produce high standard termsheets and ultimately lead transactions in a broad range of jurisdictions.

Requirements – Candidate must have relevant experience in structured hedging solutions; be fluent in trading non-linear derivatives products, pricing with a high degree of confidence complex transactions; be commercial with a thorough understanding of asset financing transactions.

Candidates should have a strong quantitative background in disciplines such as Engineering, Mathematics, Physics, Statistics, Computer Science, Quantitative Finance and Economics; with a drive for operational excellence and a commitment to achieving sustainable results.

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:

-

Job Family:

-

Time Type:

-

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