Trader - C15, Director, East Power - Commodities

Job Id: 23624624

The Trader is a senior level position responsible for overseeing a trading book and managing book risk, in coordination with the 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:

• 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:
• Appropriately assess risk/reward of transactions when making business decisions; demonstrating proper consideration for the firm’s reputation.
• Coordinate with Sales, Research, CMand and other organizations across Markets and Securities Services and the broader business
• Be familiar with and adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services
• 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.
• Anticipate client demand in each respective product/market and facilitate large client trades
• 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
• Oversee a trading book as a Senior trader and generate revenues and manage risk for the respective business
• Establish and maintain key relationships to deliver trades to the desk
• Trade a book and deliver on budgeted revenues and manage book risk
• Adhere to all policies and procedures as defined by your role which will be communicated to you
• Build and maintain a franchise and connect with key clients
• Build a culture of responsible finance, good governance and supervision, expense discipline and ethics
• Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe

Qualifications:

• 15+ years of experience in a related role
• In-depth knowledge of respective products and clients
• Effective interpersonal skills to develop and maintain relationships with internal and external stakeholders
• Knowledge of Bloomberg, booking systems, trading protocol, closing technicalities.
• Proven history of successful trading book management
• Required licensing and registrations as applicable
• Ability to analyze and pitch situations and determine suitable counterparties
• Advance analytical and numerical competency
• Consistently demonstrates clear and concise written and verbal communication

Education:

• Bachelor’s degree/University degree or equivalent experience
• Master’s degree preferred.

Candidate should possess a deep understanding of PJM and MISO fundamentals with particular emphasis on eastern PJM basis. Candidate should also be experienced with transacting in the OTC basis market for PJM as well as being experienced with bidding/transacting Financial Transmission Right.

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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 Salary Range:

$225,000.00 - $300,000.00

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