Job Description

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.

 

Citi's Mission and Value Proposition  explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.

 

Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.


Position Title: Desk Head - NAM Oil Trading

Business Overview:

One of the most volatile markets in the world, commodities is also one of the fastest-growing, promising opportunities for risk management across sectors - oil, gas, power, metals, emissions, coal, freight, agricultural, softs, and investor products.

For our clients, who seek to capitalize on portfolio-enhancing strategies, we offer a global risk-management approach, creating top-notch market-making and structured transactions that use forward-thinking products and services.

From tactically positioned offices in New York, Calgary, Dubai, Houston, London and Singapore, our world class professionals cover a vast array of exposures and apply superior derivatives expertise, first-rate financial and physical trading, and invaluable research to structure creative, cost-effective, solutions.

Responsibilities and Requirements:

Reporting into the Global Head of Oil Trading, this person will manage the North American Oil Trading business, based out of our Houston office. The desired candidate must be able to:

  • Manage a staff of other traders while also managing a personal risk portfolio. 
  • Provide supervision and understanding of current regulatory processes in a US Banking institution. 

  • Work well with support partners including middle and back office, market and credit risk teams, other trading desk heads, and all other business partners within Commodities.

We are looking for someone who has a proven track record of profitable trading results, and is a recognized thought leader within the industry.



  • Minimum of six years of experience trading physical and financial crude oil and refined products markets. 

  • Extensive experience with quoting and managing financial client activities.

  • Thorough understanding of fundamental supply and demand factors as well as technical/quantitative factors and global oil trading flows. 

  • Proven track record supervising physical or financial traders operating as part of a cohesive team. 

  • Familiarity with CFTC,OCC,DOD-Frank, and Volker regulatory issues affecting financial and physical trading in oil markets.



Qualifications

Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity

Application Instructions

Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!

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