Citi's Markets business is a global leader in financial markets, providing clients with comprehensive solutions across a wide range of asset classes, including Fixed Income, Currencies, Commodities, and Equities. Our extensive global network and deep expertise allow us to serve institutional investors, corporations, and governments worldwide, facilitating their trading, financing, and risk management needs.

As a VP Euro-commercial Paper Trader in London, you will play a pivotal role within Citi's highly active Fixed Income trading desk. This position offers a unique opportunity to manage and grow a significant trading book, leveraging your expertise in short-term debt instruments. You will be instrumental in market making, managing risk, and identifying profitable trading strategies within the Euro-commercial Paper market, contributing directly to the success of our global markets franchise.

Primary Responsibilities of the role

• Manage a Euro-commercial Paper trading book, including market making, pricing, and execution of trades.
• Develop and implement proprietary trading strategies for Euro-commercial Paper, optimizing risk-adjusted returns.
• Conduct in-depth market analysis to identify trading opportunities and manage market exposures effectively.
• Actively engage with institutional clients, sales teams, and other internal stakeholders to facilitate client flows and deepen market penetration.
• Ensure rigorous adherence to all internal risk limits, regulatory requirements, and compliance standards.
• Contribute to the continuous improvement of trading systems, models, and processes.

What we need from you

• Proven experience as a Euro-commercial Paper Trader, ideally at a tier-one investment bank, with a demonstrable track record of profitability.
• Strong understanding of short-term debt markets, money market instruments, and fixed income derivatives.
• Exceptional analytical skills with the ability to interpret complex market data and identify trading opportunities.
• Solid risk management capabilities, including familiarity with various risk metrics and control frameworks.
• Excellent communication and interpersonal skills, with the ability to effectively collaborate with sales, research, and other trading desks.
• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field; Master's degree or CFA is a plus.

What Citi can offer you

By joining Citi London, you will not only be part of a business casual workplace and receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• 27 days annual leave (plus bank holidays)
• A discretional annual performance related bonus
• Private Medical Care & Life Insurance
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self, every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

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

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

Certified Role Wording

Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime.

The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.

Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.

Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

• Honesty, Integrity and Reputation
• Financial soundness
• Competence and capability

In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above.

This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.

Job Family Group:

Institutional Trading

Job Family:

Trading

Time Type:

Full time

Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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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