The Index and Cross Asset ETF Volatility 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 trade the U.S. ETF on the International ETF and Cross Asset ETF markets, ensure book trades deliver on budgeted revenues, and to coordinate with key stakeholders to develop the trading franchise. What you'll do
- Oversee a trading book as an experienced 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.
What we need from you
- In-depth knowledge of respective products and clients
- Knowledge or Rates, Credit, Metals and/or Equity Volatility required
- Knowledge of Options Trading required
- 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.
- Interest and knowledge for AI implementation in trading strongly preferred.
- 12+ years of experience in a related role for Director level consideration (6+ years of experience in a related role for Vice President level consideration)
- Bachelor’s degree/University degree or equivalent experience
- Master’s degree preferred.
This role’s advertised salary range is associated with Director level. Citi is open to considering VP level talent for VP level placement which will be in line with VP level salary.
Job Family Group
Institutional Trading
Job Family
Trading
Time Type
Full time
Primary Location
New York New York United States
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.
Most Relevant Skills
Please see the requirements listed above.
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
Anticipated Posting Close Date
Sept 25, 2026
Automated Processing and AI
We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.
Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.
Illinois residents – AI Notice and Right
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.
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. View Citi’s EEO Policy Statement and the Know Your Rights poster.