Middle Office - Multi Strat Hedge Fund

Citigroup Inc.

Middle Office - Multi Strat Hedge Fund

Salary Not Specified

Citigroup Inc., City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 2 weeks ago, 31 Aug | Get your application in now before you miss out!

Closing date: Closing date not specified

job Ref: d9e89c60b9244d2a9874fad03d4731f0

Full Job Description

Job Purpose: The purpose of the role is to develop, market, structure and execute Spread Products ("SP") derivative / hedging / funding to the whole range of Markets clients, primary in EMEA, focussing in the Developed Markets space. Job Background/context: The SP Solutions team is responsible for product development and pricing for clients of Markets. It sits within the Spread Products team, reporting to the Head of Solutions Structuring for Fixed Income The candidate will be involved in developing, marketing and executing SP solutions ideas, across all types of institutional business mainly focused on EMEA (Developed Markets). Transactions are expected to span across a wide swathe of Spread Products including illiquid credit, credit exotics , risk transfer, tail risk hedging for clients, special situations etc. The candidate will also work collaboratively alongside other structurers in the broader Fixed Income structuring team in executing bespoke CLN and repack
transactions The role will involve regular interaction with sales, trading and control teams. A good part of the role involves developing ideas, expanding the boundaries of what is possible through working with trading / sales / control functions. In addition, attention to detail is critical given the focus on understanding complex legal documents. Key Responsibilities: - Originating transactions through product pitches / marketing to the sales force and clients - Leading approval process of new products and bespoke transactions - Familiarity with credit derivative pricing, booking and trading - Leading execution of mandated transactions - Product ideas generation Development Value: The role provides significant interaction will all sections of Markets in EMEA. In addition, the role involves leading the execution and delivery of bespoke transactions with high senior visibility Knowledge/Experience: Prior knowledge of illiquid credit, risk transfer trades,
derivative pricing and structured financing. In addition, experience of solution type trades is key e.g. SRT, securitisation documentation, SPVs etc. Familiarity with credit markets including public credit, private credit, capital stacks (eg AT1, sub-debt etc) Skills: Familiarity with pricing of credit derivative and structuring financing trades, highly competent at using spreadsheets, building tools etc. Experience of dealing with legal, regulatory and accounting issues (issues, documents, rules, people etc.) is key for this role. Ideally multiple languages Qualifications: A quantitative degree in e.g. mathematics, physics, computer science or economics is preferred. Competencies - We're looking for someone who is quantitative and technical, but ideally also creative and a problem solver. The person should be enthusiastic, a self-starter, happy to go and talk to people. Curiosity and a desire to learn are vital. - Valuing Diversity: Demonstrates an appreciation
of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organizational success. - Good communication skills - Enthusiastic Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience. Candidates applying for this role must be aware that it is a Certified Role, subject to the Certification Regime. The Certification Regime is one element of the Individual Accountability Regime which has come into effect on 7 March 2016. Under the Certification Regime, certain 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, certain 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, reference checks, credit checks and other background checks. If hired for this role, you will also be required to complete an annual declaration regarding your Fitness and Propriety. By submitting your application, you acknowledge that you have read the information above and that you are applying for a Certified Role. You also agree to Citi carrying out any additional screening required, including permitted criminal record checks, reference checks, credit
checks and any other background checks. Job Family Group: Institutional Sales Job Family: Institutional Product Sales Time Type: Full time 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) Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.