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.
Job OverviewBusiness Overview:
Citi’s Synthetic Rates Trading desk is responsible for market making Total Return Swaps, Bond Forwards, Rate Locks, ETFs and Index products. In this position, the trader will work with the Institutional Sales teams and ICG clients, including insurance companies, corporates, banks, asset managers, and pension funds, across the globe.
The Synthetic Rates desk sits within the G10 Rates department, reporting to the Global Head of G10 Flow and Co-Global Head of Non-Linear Trading.
The candidate will be involved in developing, executing, and risk managing a large portfolio of Synthetic Rate risk, across the Global Rates business and involve regular interaction with sales, trading, structuring, technology and quant teams.
The role requires a candidate who is hard-working and detail-oriented with excellent communication and teamwork skills.
Responsibilities:
Qualifications:
Candidate should have 2+ years of experience with Interest Rate derivatives, as well as US Treasuries, Futures Contracts and Volatility products.Understanding of Index, ETF products and Repo market a plus.
Candidates should be quantitative and technical, but also ideally creative and a problem solver.
The person should be enthusiastic, a self-starter and detail-oriented with strong communication, interpersonal and teamwork skills.
Familiarity with pricing models and spreadsheet as well as strong VBA skills a must. Working knowledge of Python is preferred.
Series 7 and 63 licenses
Education:
Bachelor’s degree/University degree or equivalent experience------------------------------------------------------
Job Family Group:
Institutional Trading------------------------------------------------------
Job Family:
Trading------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
New York New York United States------------------------------------------------------
Primary Location Full Time Salary Range:
$150,000.00 - $175,000.00
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 citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
------------------------------------------------------
Most Relevant Skills
Please see the requirements listed above.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
Anticipated Posting Close Date:
Sep 29, 2025------------------------------------------------------
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.
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 Citi’s EEO Policy Statement and the Know Your Rights poster.