Securities Finance Trader - VP - Citi : Job Details

Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.

Agency Securities Lending Trader Securities Finance - New York

Securities Finance encompasses the Agency Securities Lending (ASL), Directed Agent Investment Services (DAIS), and Collateral products within the Execution Services division of 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 securities lending trader to work in New York.

Citi provides 24-hour trading coverage and client services through its business locations in Sydney, Hong Kong, Singapore, London, Dublin, New York, and Tampa. 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:

• Develop and maintain relationships with borrowers to optimize our clients' securities lending portfolio performance.
• Adhere to risk & control guidelines specifically as it relates to counterparty credit limits, best execution, and fiduciary obligations.
• Identify and present trading opportunities to capitalize on special situations and latent holdings. This includes the assessment of voluntary corporate action events such as Rights, Tenders, Buybacks, and Scrip/DRP options.
• 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 target architecture initiative, intended to modernize our platforms.
• Build and sustain working relationships with colleagues across Investor Services, Services and other functional partners.

Qualifications:

• 5 8+ years of Securities Lending, Prime Finance, or Delta One trading experience required across either equity or fixed income products.
• Proficiency with Bloomberg, MS Excel modelling & macro development.
• Experience with basic programming across large data sets using tools like SQL, Qlikview, and Python.
• Ability to multitask and work under time pressure. Self-motivator with entrepreneurial disposition.
• Ability to translate and articulate securities finance market thoughts and ideas to a larger audience including colleagues, senior management, and clients.

Education:

• Bachelor's / University Degree required. Master's Degree in Business or Finance, or CFA preferred.