Fixed Income Financing Trader, US Credit and Emerging Markets, Vice President or Assistant Vice President

Part of the Market Treasury & Finance business in Markets, the Fixed Income Finance Desk is responsible for client and firm financing in fixed income securities. The New York team executes flow and bespoke financing transactions collateralized by spread products (corporate and emerging market bonds).

Responsibilities

• Manage the Credit/EM financing repo book in New York and coordinate with the team in London
• Coordinate with Spread Products and Prime desks to effectively manage risk on transactions
• Proactively manage trading risk and stay informed on current market conditions, while navigating complex corporate actions like tender offers and restructuring events
• Work with 1LOD and 2LOD teams to continually improve governance, controls, and methodology of the Basel 3 LRM framework
• Develop relationships with clients and formulate capital-efficient financing solutions based on their needs
• Work closely with internal partners in Sales, Trading, and Structuring
• Network and drive growth by understanding Credit Risk limits/guidelines, Internal Treasury framework, and Capital requirements for transactions
• Drive growth in flow and bespoke transactions
• Partner with internal control groups to help onboard clients and obtain risk approval
• Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, and Finance to ensure appropriate governance and control infrastructure
• Build a culture of responsible finance, good governance and supervision, expense discipline, and ethics
• Appropriately assess risk/reward of transactions when making business decisions, demonstrating proper consideration for the firm’s reputation
• Be familiar with and adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services
• Adhere to all policies and procedures as defined by your role
• Obtain and maintain all registrations/licenses required for your role within the appropriate timeframe
• Assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets by driving compliance with applicable laws, rules, and regulations

Qualifications

• 5+ years of relevant experience from a top-tier bank, hedge fund, or money manager
• Bachelor’s degree; Master’s degree preferred
• Working knowledge of fixed income markets, derivatives, financing documentation, and regulatory landscape
• Effective communication and analytical skills
• Ability to work both independently and effectively within a dynamic and diverse global team of traders based in New York and London
• Passion to learn and drive growth in the business
• Exceptional track record of building relationships internally and externally
• Experience in prime and emerging markets a plus
• Understanding of Basel 3 RWA; ability to assist with interpretations and optimize transactions

Pay

$175,000.00 - $250,000.00. In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.

Benefits

• Medical, dental, and vision coverage
• 401(k) plan
• Life, accident, and disability insurance
• Wellness programs
• Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

Available offerings may vary by jurisdiction, job level, and date of hire.

Primary location: New York, New York, United States. Full time.