FX Correlation Trader
Listed on 2026-10-11
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Finance & Banking
Capital Markets, Trading - Equity / Derivatives / Quantitative, Risk Manager/Analyst, Financial Sales
Location: New York
Citi is looking for an FX Options Correlation Trader to join its New York trading desk and manage a book spanning correlation trading, structured derivatives and multi-currency payoffs. In this role, you will price and trade complex structured products, manage risk across a diverse set of underlyings, and work closely with sales and research teams to grow the franchise. This position offers the opportunity to take ownership of a specialized trading book while operating within one of the largest global markets platforms, and Citi is open to considering candidates at either the VP or AVP level.
Responsibilities- Trade a correlation and structured derivatives book, delivering on revenue targets while actively managing risk.
- Price and execute structured derivatives with multi-currency payoffs across a broad range of underlying assets.
- Apply exotics trading knowledge to structure and manage complex client transactions.
- Partner with sales, research and other trading desks to anticipate client demand and shape product strategy.
- Build and maintain relationships with internal stakeholders to source and deliver trades to the desk.
- Guide desk analysts on trade structuring and execution to support franchise growth.
- Work alongside Legal, Compliance, Market Risk, Credit Risk, Audit and Finance to maintain strong governance and control standards.
- Evaluate the risk and reward of each transaction, factoring in the firm's reputation and regulatory obligations.
- 5 to 8 years of experience trading correlation products or structured derivatives.
- Working knowledge of the relevant products, markets and client base.
- Any licenses or registrations required for trading activity in this role.
- Advanced analytical and numerical skills applied to complex trade structuring.
- Clear and concise written and verbal communication with internal and external stakeholders.
- Ability to assess trading situations and identify suitable counter parties.
- Familiarity with Bloomberg, booking systems and standard trading protocols.
- Bachelor's degree or equivalent practical experience.
Skills & Qualifications
- Experience managing a large number of underlying assets within a single book.
- Background in exotics trading.
- Experience structuring multi-currency payoff products.
Join a trading desk that gives you direct ownership of a specialized book and the chance to work on some of the most complex structured products in the market.
- Trade correlation and structured derivatives products at scale, with real ownership over book performance.
- Collaborate with trading, sales and research teams operating across global markets.
- Access ongoing learning and development opportunities to deepen your trading and structuring expertise.
- Benefit from resources supporting financial wellbeing, family needs and work-life balance.
- Build your career in a performance-driven environment with exposure across Markets and Securities Services.
Join Citi's trading desk and take ownership of a correlation and structured derivatives book with global reach.
Full time
New York New York United States
$60,800.00 - $
In 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 Available offerings may vary by jurisdiction, job level, and date of hire.
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.
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