Trader, Director/VP, East Coast Gas, Commodities (Resident)
Citigroup
The Trader is a senior level Northeast Physical Natural Gas basis position responsible for building, developing and managing the risk of an eastern physical natural gas trading portfolio, in coordination with the Natural Gas Trading team. The overall objective of this role is to ensure book trades deliver on budgeted revenues, and to coordinate with key stakeholders to develop the trading franchise.
**Responsibilities:**
+ Oversee a trading book as a Senior trader and generate revenues and manage risk for the respective business
+ Build and maintain a franchise and connect with key clients
+ Coordinate with Sales, Research, CM and other organizations across Markets and Securities Services and the broader business
+ Trade a book and deliver on budgeted revenues and manage book risk
+ Establish and maintain key relationships to deliver trades to the desk
+ Anticipate client demand in each respective product/market and facilitate large client trades
+ Coordinate with desk analysts as needed and with sales to develop the franchise and manage and mentor junior traders as needed
+ Leading strong governance and controls:
+ Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance in order 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 which will be communicated to you
+ Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe
+ Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
**Qualifications:**
+ 15+ years of experience in a related role
+ Physical and financial trading in northeast natural gas markets is required.
+ In-depth knowledge of respective products and clients
+ Proven history of successful trading book management
+ Required licensing and registrations as applicable
+ Advance analytical and numerical competency
+ Consistently demonstrates clear and concise written and verbal communication
+ Effective interpersonal skills to develop and maintain relationships with internal and external stakeholders
+ Ability to analyze and pitch situations and determine suitable counterparties
+ Knowledge of Bloomberg, booking systems, trading protocol, closing technicalities.
**Education:**
+ Bachelor’s degree/University degree or equivalent experience
+ Master’s degree preferred.
Citi’s efforts with compliance with regulatory guidelines require the successful candidate to work full time in the primary office location (Resident).
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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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**Primary Location:**
Houston Texas United States
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**Primary Location Full Time Salary Range:**
$200,000.00 - $300,000.00
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.
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**Anticipated Posting Close Date:**
Jun 25, 2024
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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) .
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View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
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