7 days old

Agency Securities Lending Trader

Citigroup
New York, NY 10176
**Agency Securities Lending Trader New York or Tampa**


Agency Securities Lending (ASL), within Securities Services, partners with institutional investors to enhance their portfolio returns within the global securities finance markets. Citi's key strengths include unsurpassed global branch network, open architecture, robust risk management, real-time controls, program flexibility, product innovation, dynamic reporting, and overall market leadership. ASL is also viewed as a critical source of liquidity in both the equity and fixed income markets as well as a significant liquidity provider in global short term money markets through its cash management operations.


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


DAY TO DAY RESPONSIBILITIES:


+ Participate in daily trading activities to maximize our clients portfolio performance.

+ Develop and maintain relationships with borrowers to optimize securities lending opportunities.

+ Identify and present trading opportunities to capitalize on special situations and latent holdings.

+ Price and interpret voluntary corporate action events including Rights, Tenders, Buybacks, and Scrip/DRP options.

+ Liaise with middle and back office with respect to the execution and settlement of loan and investment transactions, proactively working to resolve any issues.

+ Sales support for new business development. This includes client sales calls alongside management, product specialists, and salespeople, as well as portfolio analysis to estimate revenue potential.

+ Prepare market commentary for prospective and existing clients.


+ Facilitate research & product development for new trading markets & strategies.


SPECIFIC 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 Quant team to enhance proprietary Trading Analytics & Optimization engine.


SPECIFIC SKILLS REQUIRED


TECHNICAL SKILLS:


+ 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.

+ Practical understanding of emerging markets securities lending, and market specific models such as B3s CCP in Brazil.

+ Experience with developing, testing, and implementing models with large datasets using tools like SQL, Qlikview, MATLAB is a plus.


COMPETENCIES:


+ Ability to multitask and work under time pressure.

+ Self-motivation and entrepreneurial disposition.

+ Ability to build and sustain working relationships with colleagues across Securities Services.

+ Strong verbal communication and quantitative analytical skills.


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**Job Family Group:**


Institutional Trading

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**Job Family:**


Trading

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**Time Type:**


Full time

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Citi is an equal opportunity and affirmative action employer.


Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.


Citigroup Inc. and its subsidiaries ("Citi) invite all qualified interested applicants to apply for career opportunities. 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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .


View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .


View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) .


View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)


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Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Categories

Posted: 2022-05-13 Expires: 2022-06-12

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Agency Securities Lending Trader

Citigroup
New York, NY 10176

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