Investment Grade Corporates Trader, VP

Overview

Citi's Global Markets business is a leading financial services franchise, offering access to trading, hedging, and investment opportunities across asset classes. Our Spread business delivers innovative solutions and market insights to institutional clients worldwide, with a focus on sophisticated trading capabilities and a global footprint.

We are seeking a highly motivated and experienced professional to join our team as a VP, Investment Grade Corporates Trader. This role focuses on market making and risk management within the investment-grade corporate bond sector, executing trades, managing inventory, and contributing to strategic positioning to support Citi's Fixed Income franchise. This is an opportunity for an experienced professional to advance their career in a dynamic trading environment at a tier-one investment bank.

• Manage and optimize a trading book of investment-grade corporate bonds, adhering to risk limits, compliance procedures, and regulatory requirements.
• Provide competitive pricing and execute trades for institutional clients across investment-grade corporate instruments.
• Develop and implement trading strategies to identify and capture relative value opportunities, using analytical tools and market intelligence.
• Continuously monitor market trends, credit developments, and macroeconomic factors affecting the investment-grade corporate bond market.
• Collaborate with sales, research analysts, and other trading desks to facilitate client flow and share market insights to optimize cross-product opportunities.
• Contribute to the enhancement of trading analytics, pricing models, and technology to improve desk performance and efficiency.

• Extensive experience as a trader in investment-grade corporate bonds within a major financial institution.
• Deep understanding of fixed income market dynamics, credit analysis, and product nuances in the investment-grade corporate sector.
• Proficiency in risk management techniques, including P&L attribution, hedging strategies, and regulatory capital considerations.
• Strong quantitative and analytical skills with the ability to interpret complex market data and develop robust trading ideas.
• Excellent communication and interpersonal skills, capable of building and maintaining relationships with internal and external stakeholders.
• Bachelor's or Master’s degree in Finance, Economics, Quantitative Finance, or related field. Relevant professional qualifications (e.g., Series 7, 63, CFA) are highly desirable.

By joining Citi London, you will have a business-casual workplace with a hybrid model (up to 2 days working from home per week), plus a competitive base salary (annually reviewed) and a range of benefits:

• 27 days annual leave (plus bank holidays)
• Discretionary annual performance-related bonus
• Private medical care and life insurance
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to learning and development resources

Citi is committed to creating a workplace where everyone feels comfortable bringing their whole self to work every day. We seek the best talent from around the world to join, stay, and thrive.

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

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

Candidates applying for this role are subject to the FCA and PRA Certification Regime under the Certification Regime, as part of the Individual Accountability Regime. Assessments will consider fitness and propriety, including honesty, financial soundness, and competence. The role may involve interviews, self-disclosures, background checks, and other screening measures.

Further guidance:
Citi entities must ensure that employees in certified roles are fit and proper to carry out their responsibilities.

Note:

This description is not exhaustive and may be amended to reflect regulatory and business needs.