Sunday, May 6, 2012

Commodities Derivatives Natural Gas Options Trader

Citi is today’s pre-eminent financial services company and was built to create a highly diversified financial services company that could act as one to deliver solutions to clients throughout the world. With the most diverse array of products and the greatest distribution capacity of any financial firm in the world, our employees manage 200 million customer accounts across six continents in more than 100 countries. Citigroup Inc. and its subsidiaries ("Citigroup") are equal opportunity employers M/F/D/V and do not discriminate on the basis of any legally protected status or characteristic.

The Commodities Derivatives Group is seeking to hire an energy derivatives trader support the development of Citigroup's growing energy commodities business (electricity, natural gas, crude oil and refined products).  Given the plans for rapid expansion of this business, responsibilities will be broad and frequently changing.  Areas of focus will include the following:
  • Traders will be responsible for market-making and execution for the following: marketers trying to close customer flow orders, internal traders who need to hedge anything from regional price exposure to cross commodity strategies, and structured deals and long term originated deals that may have an asset pricing component involved.
  • Traders will be expected to identify fundamental strategies that will be part of their region's portfolio. They will also elaborate to others the risks of their particular market and how it can affect other regions.
  • As part of a growing business, traders also will be expected to identify growth areas in their particular region in the form of new instruments or products to be traded, adding specialized personnel to take advantage of certain opportunities as they present themselves, and adding customers to increase liquidity and pricing capabilities.

Necessary skills and experience include the following:
  • Experience executing derivative products
  • Knowledge of the pricing of forward curves in futures markets
  • Options/Exotics pricing experience
  • Location/Gas Daily Option experience
  • Experience making markets for customer flow business
  • Track record of profitability
  • Ability to define, execute, and manage trading strategies
  • Must be able to effectively work within a trading desk environment as part of the team with other originators and traders
  • Self starter, curious mind, team player, good communicator 

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