CrawlJobs Logo
Citi Logo Citi · Finance

Rates Trader

Turkey, Istanbul Employment contract · Job Posted November 25, 2025
Apply Position
Job Link Share

Job Description

Rates 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.

Job Responsibility

  • Oversee a trading book and generate revenues and manage risk for the respective business
  • coordinate with Sales, Research, CMand 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
  • coordinate with desk analysts as needed and with sales to develop the franchise
  • 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

Requirements

  • 6-10 years of experience in a related role
  • knowledge of respective products and clients
  • 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
Citi - All Job Offers

Looking for more opportunities?

Search for other job offers that match your skills and interests.

Suggested Tags: Frontend Developer Secretary Talent Manager Salesforce Administrator Data Analyst
Similar Jobs for

Rates Trader

8 matching positions

New

Trader, VP

Location
Location
United States , New York
Salary
Salary:
250000.00 USD / Year
https://www.citi.com/ Logo
Citi
Expiration Date
July 31, 2026
Flip Icon
Requirements
Requirements
  • Master’s degree, or foreign equivalent, in Physics, Economics, Mathematics or related field and 4 years of experience as a Trader, Sales and Trading Program Analyst or related position supporting USD interest rate Swaps Trading within a global financial firm. Alternatively, employer will accept a Bachelor’s degree in the stated fields and 6 years of progressively responsible, post-baccalaureate experience. Full span of experience must include: Pricing interest rate swaps
  • Pricing and hedging transactions
  • Coordination with control functions to ensure compliance with regulations and accurate records of the trading desk performance
  • Developing technological platforms, pricing tools, booking and risk management systems
  • Risk Management at a portfolio level
  • Maintaining a USD interest rate swaps curve
  • Client relationship management
  • Generating trade ideas
  • Taking market risks to generate an additional source of alpha to the desk’s performance.
Job Responsibility
Job Responsibility
  • Develop the risk and trading infrastructure, including portfolio risk, and ensure risks are correctly represented
  • Respond to client price inquiries for interest rate swaps
  • Manage market risk from client activity at a portfolio level
  • Coordinate with control functions to ensure compliance with regulations, and partner with Finance to ensure that the trading desk performance is accurately captured
  • Guide the technological development of trading desk operations
  • Develop Markets products with particular focus on Interest Rate Derivatives across the curve
  • Pricing and hedging transactions with large Interest Rate Delta and experience at managing higher level PCA risks in the trading desk’s Interest Rate Derivative portfolio
  • Working with regulations which affect Interest Rate Swaps trading
  • Oversee a USD interest rate swaps trading book and generate revenues and manage risk for USD interest rate swaps business
  • Coordinate with Sales, Research, Capital Markets, and other organizations across Markets and Securities Services, and the broader business
What we offer
What we offer
  • medical, dental & vision coverage
  • 401(k)
  • life, accident, and disability insurance
  • wellness programs
  • paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays
  • Fulltime
Read More
Arrow Right
New

Interest Rate and Credit Derivatives Business Analyst – VP

The Senior Business Analyst position is responsible for understanding business p...
Location
Location
United Kingdom , London
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • Extensive experience as a Business Analyst or similar role, ideally within Investment Banking
  • Ability and proven experience of driving functionality/project from analysis to successful production
  • Proven experience as an owner of delivering successful project outcomes
  • Ability to communicate productively and efficiently with business (FO Traders, Business Managers etc.)
  • Ability to transform business requirements into precise functional/technical specifications
  • Proven diplomatic and analytical skills
  • Have ability to manage complex and variable issues with substantial potential impact by weighing various action plans and balancing potentially conflicting needs
  • Strong team orientation and commitment to overall team success, intense user focus and commitment to driving quality
  • Effective time management skills to manage multiple priorities with flexibility on time zones
  • Experience with XML: xpath, xsd (to be able to build xml schema, xpath etc), JSON
Job Responsibility
Job Responsibility
  • Lead the analysis and requirements gathering for fixed income OTC Derivatives Trade Capture and Trade Processing
  • Work with traders, Sales, business unit managers and heads of businesses to understand business practices and provide solutions enabling business growth and growing operational efficiencies
  • Lead deliveries end to end from requirements, design, construction, testing and implementation
  • provide user and operational support on application to business users
  • Work with PM to establish and maintain periodic communication to business and technology partners
  • Take lead in planning the best practice solutions, tracking, execution, and overall project management of the roll out of cross asset and multi-functional initiatives
What we offer
What we offer
  • 27 days annual leave (plus bank holidays)
  • A discretional annual performance related bonus
  • Private Medical Care & Life Insurance
  • Employee Assistance Program
  • Pension Plan
  • Paid Parental Leave
  • Special discounts for employees, family, and friends
  • Access to an array of learning and development resources
  • Fulltime
Read More
Arrow Right
New

Quantitative Analyst - Rates Options Desk Quant (Vice President)

Are you a strategic and highly skilled Quantitative Analyst with a recognized te...
Location
Location
United Kingdom , London
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • Experience in a comparable quantitative modelling or analytics role, ideally within the financial sector
  • Experience with standard rates models (SABR, HJM, Markov functional) and products (Swaptions, CMS, Path-Dependent Exotics)
  • Excellent technical/programming skills in C++ and Python
  • Proficiency in statistics and probability-based calculations, including using probability theory to evaluate risks, solve analytical equations, and design numerical schemes for complex financial instruments
  • Strong understanding of software design and principles
  • Consistently demonstrates clear and concise written and verbal communication skills
  • Master’s or PhD degree in a relevant quantitative subject
Job Responsibility
Job Responsibility
  • Develop and enhance analytics libraries used for pricing and risk management of Interest Rate Derivatives
  • Create, implement, and support quantitative models for the trading business, leveraging a wide variety of mathematical and computer science methods and tools
  • Develop sophisticated pricing models using advanced numerical techniques for valuation, such as Monte Carlo Methods and partial differential equation solvers
  • Collaborate closely with Traders, Structurers, and technology professionals to deliver effective solutions
  • Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, and Finance to ensure appropriate governance and control infrastructure
  • Contribute to building a culture of responsible finance, good governance and supervision, expense discipline, and ethics
  • Appropriately assess risk/reward of transactions when making business decisions
  • 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 and maintain all required registrations/licenses within the appropriate timeframe
  • Appropriately assess risk when making business decisions, safeguarding Citigroup, its clients, and assets by driving compliance with applicable laws, rules, and regulations
What we offer
What we offer
  • Generous holiday allowance starting at 27 days plus bank holidays
  • increasing with tenure
  • A discretional annual performance related bonus
  • Private medical insurance packages to suit your personal circumstances
  • Employee Assistance Program
  • Pension Plan
  • Paid Parental Leave
  • Special discounts for employees, family, and friends
  • Access to an array of learning and development resources
  • Fulltime
Read More
Arrow Right
New

Front Office Quant Analyst

An exciting opportunity has arisen for a Quantitative Analyst to join a front-of...
Location
Location
United Kingdom , London
Salary
Salary:
120000.00 - 150000.00 GBP / Year
apollo-solutions.com Logo
Apollo Solutions
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • MSc or PhD in a quantitative discipline (Mathematics, Physics, Computer Science, Engineering or similar)
  • Strong Python development skills
  • Knowledge of equity derivatives, financing products, ETFs, FX and interest rate hedging is a plus
  • Excellent analytical, statistical and problem-solving capabilities
  • Strong communication skills and ability to work closely with front-office stakeholders
Job Responsibility
Job Responsibility
  • Partner directly with traders to develop analytics, pricing and risk tools
  • Build and enhance quantitative models supporting financing and derivatives activities
  • Work on market data calibration, portfolio risk analytics and trading workflow optimisation
  • Develop scalable solutions using Python, with exposure to C++/Java beneficial
  • Fulltime
Read More
Arrow Right
New

Institutional Rates Sales - AVP

We are seeking an experienced Institutional Rates Sales professional to join our...
Location
Location
China , Shanghai
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • Bachelor’s degree in Finance, Economics, Business Administration, or a related quantitative field
  • 1-3 years of sales experience at a financial services organization, preferably in Institutional Rates Sales or a related fixed income role
  • essential experience in a client-facing role working with institutional clients, with a focus on Banks and real money
  • extensive knowledge of interest rate markets, macroeconomic drivers, and derivative products (swaps, options, futures)
  • proven track record of strong sales performance, client acquisition, and relationship management
  • excellent verbal and written communication skills
  • strong analytical and quantitative skills
  • advanced problem-solving skills
  • fluency in English and Mandarin is essential
Job Responsibility
Job Responsibility
  • Identify and target new client opportunities, on-boarding and prospecting key clients to expand the China franchise
  • Daily execution of full suite of China rates flow products including cash bonds, swaps and repos
  • Drive revenue growth by identifying and closing revenue gaps and capitalizing on new opportunities
  • Partner with various product teams to identify upsell and cross sell opportunities
  • Maintain an in-depth knowledge of global and regional macroeconomic trends, central bank policies, and their impact on interest rate markets
  • Provide clients with insightful market commentary, trade ideas, and risk analysis
  • Facilitate efficient and accurate execution of client trades, ensuring adherence to internal policies and regulatory requirements
  • Work collaboratively with regional and global sales teams, traders, strategists, and other product specialists to deliver a seamless client experience
  • Share market intelligence and client feedback to enhance overall team performance and product offering
  • Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, and Finance in order to ensure appropriate governance and control infrastructure
  • Fulltime
Read More
Arrow Right

Trade Floor Site Reliability Engineer

Join us at Barclays as a Trade Floor Site Reliability Engineer, providing real‑t...
Location
Location
United Kingdom , London
Salary
Salary:
Not provided
barclays.co.uk Logo
Barclays
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • Experience in systems engineering, including Linux and Windows, networking, Kubernetes and cloud infrastructure
  • Proficiency in automation tools
  • Proficiency in implementing monitoring, alerting and observability for critical trading platforms
  • The ability to manage incidents effectively, troubleshoot issues swiftly, proactively communicate and perform root cause analysis to prevent future incidents
  • Prior experience in supporting Credit or any IB asset classes like Rates or Equities or FX
  • Experience working with PaaS products, including some experience of either virtualization, containerization, orchestration of compute/network/storage
Job Responsibility
Job Responsibility
  • Providing real‑time support to Credit EMEA traders and sales teams to keep critical trading platforms stable and performant
  • Ensuring seamless client service as electronic and algo trading rapidly expand
  • Provision of technical support for the service management function to resolve more complex issues
  • Execution of preventative maintenance tasks on hardware and software and utilisation of monitoring tools/metrics
  • Maintenance of a knowledge base containing detailed documentation
  • Analysis of system logs, error messages and user reports to identify root causes
  • Automation, monitoring enhancements, capacity management, resiliency, business continuity management, front office specific support and stakeholder management
  • Identification and remediation of potential service impacting risks and issues
  • Proactively assess support activities implementing automations where appropriate
What we offer
What we offer
  • Competitive holiday allowance
  • Life assurance
  • Private medical care
  • Pension contribution
  • Fulltime
Read More
Arrow Right

Senior Analytics Consultant - IPV/Product Control

Risk Analytics Lead Consultant role is a derivative valuation specialist within ...
Location
Location
India , Bengaluru
Salary
Salary:
Not provided
https://www.wellsfargo.com/ Logo
Wells Fargo
Expiration Date
June 29, 2026
Flip Icon
Requirements
Requirements
  • Bachelors/MBA in Finance, Accounting, Statistics, Economics or Business or CFA/FRM/CQF
  • 8+ years of experience in one or a combination of the following: Valuations, analytics, financial modeling
  • Prior work experience
  • knowledge of capital markets products, preferably Commodities derivatives
  • Applied knowledge and understanding of derivatives valuation (preferably as used in Rates Derivatives) and building of interest rate curves
  • Experience in trading, valuing or price validating capital market instruments
  • Excellent verbal and written communication skills
  • Advanced Microsoft Office skills, SQL
  • Ability to organize and manage multiple priorities with challenging timelines
  • Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
Job Responsibility
Job Responsibility
  • Ensuring accurate valuations and performing independent price verification processes for derivatives, with focus on Commodities derivatives
  • Review Bid Offer and Model Valuation Adjustment for derivative portfolio
  • Deep dive IPV results and assist trader with high quality commentary month on month basis
  • Meet deliverables while leveraging solid understanding of Fair Valuation policies, procedures, and compliance requirements
  • Interact with technology teams to streamline IPV processes
  • Interact with quants, traders, market risk and product control to lead various IPV projects
  • Resolve moderately complex issues independently
  • Lead projects, teams, or serve as a mentor for less experienced staff
Read More
Arrow Right

Central Bank Rates Sales, Director

Citi's Markets business is one of the largest and most established in the world,...
Location
Location
United Kingdom , London
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • Extensive sales experience at a leading financial services organization
  • Extensive experience in a senior client-facing role with a proven track record of covering Central Bank or sovereign clients
  • Deep product knowledge across the Rates spectrum, including government bonds, SSAs, interest rate swaps, and inflation-linked products
  • Established relationships with a broad network of institutional clients within the buy-side community
  • Demonstrated ability to lead complex financial transactions and provide strategic advice to sophisticated clients
  • A Bachelor's degree or equivalent experience is required
  • a Master's degree is preferred
Job Responsibility
Job Responsibility
  • Act as a strategic advisor to Central Bank clients by formulating investment strategies and providing solutions to help them manage their portfolios and financial risks
  • Develop and implement a targeted sales and marketing strategy to deepen Citi's client footprint and maximize revenue across the full suite of Rates products, including SSA, Government bonds, derivatives, and inflation products
  • Leverage your extensive network to understand client needs, introduce Citi's comprehensive offerings, and drive the adoption of our solutions
  • Lead the strategic positioning and closing of transactions by coordinating with various internal stakeholders, including structuring, trading, legal, credit, and risk management teams
  • Originate and execute buying and selling opportunities for clients by forging strong relationships with salespeople and traders across the Citi franchise
  • Ensure the business operates with robust governance and controls, working in close partnership with functions such as Legal, Compliance, Market and Credit Risk, and Audit
What we offer
What we offer
  • 27 days annual leave (plus bank holidays)
  • A discretional annual performance related bonus
  • Private Medical Care & Life Insurance
  • Employee Assistance Program
  • Pension Plan
  • Paid Parental Leave
  • Special discounts for employees, family, and friends
  • Access to an array of learning and development resources
  • Fulltime
Read More
Arrow Right