Equity Algo Trader, Assistant Vice President
Citi · London, United Kingdom · 1d ago
Introduction to Citi Markets
At Citi Markets, we win together. In a rapidly changing world, our shared vision gives us the clarity, agility and global perspectives we need to shape the future. That's why collaboration plays a central role in how we deliver for clients, develop our people, and grow our business.
Our operation is uniquely global. Our client list is remarkably varied. Our product range is incredibly broad. But we're not the finished article. We have big ambitions for the future and all the resources we need to reach them, including some of the smartest people in the industry.
Citi's Markets business is one of the world's leading franchises in fixed income, currencies, commodities, equities, and prime finance. We connect institutional clients to deep liquidity, sophisticated risk management solutions, and market-leading execution capabilities across developed and emerging markets. Our equities platform spans cash equities, equity derivatives, convertibles, ETFs, and prime financing, supported by a global network of experienced traders, sales professionals, and research analysts.
Team/Role Overview
The Electronic Execution desk is part of the Global Cash Equities business. Electronic Execution—often referred to as "Low-Touch"—is one of three primary execution channels through which institutional investors interact with cash equity markets via Citi. Our platform equips Long-Only asset managers, Hedge Funds, and Wholesale clients with market-leading algorithmic strategies to access electronic order books across multiple execution venues, alongside Citi's principal liquidity via the Central Risk desk.
The Algo Trading function is responsible for monitoring, optimizing, and supporting internal and external utilization of electronic trading strategies. Internal trading desks supported include, but are not limited to: Program Trading, Developed Markets (DM) Cash Trading, Emerging Markets (EM) Cash Trading, Delta One Trading, Derivatives Trading, and Systematic Execution Services (SES).
On a day-to-day basis, Algo Trading collaborates closely with the Electronic Sales Trading team to:
- Monitor all algorithmic flow into the platform and act as the first line of support for all internal desks.
- Act swiftly and make split second decision on best course of action during production outages to minimise business risk and exposure.
- Oversee the deployment and configuration of client-specific algorithmic parameters and ensure execution behavior aligns with expected outcomes.
- Investigate and resolve real-time operational and execution issues encountered by sales traders or clients.
- Monitor and incorporate market events—including corporate actions and newly listed tradeable securities—ensuring accurate onboarding, routing, and execution within Citi’s algorithmic engines.
- Partner with Quantitative Research (MQA) and Technology teams to deploy new algorithmic features, enhancements, and platform optimizations.
What you'll do
- Algorithmic Framework Mastery: Develop a deep technical understanding of the algorithmic trading framework and decision engines; dynamically adjust trading parameters to reflect changing market microstructure and conditions; and provide actionable quantitative and operational feedback to MQA to drive iterative strategy improvements.
- Execution Monitoring & Facilitation: Proactively monitor live algorithmic trading flows, risk controls, and market dynamics, intervening when necessary and liaising with internal trading desks and clients to facilitate single-stock cash equity executions.
- Platform & Process Optimization: Partner with cross-functional stakeholders to enhance business operational efficiency and contribute to building resilient, industry-leading execution systems.
- Risk & Control Partnership: Operate in close partnership with key control and governance functions, including Compliance, Electronic Trading Risk Management (ETRM), and Electronic Trading Risk & Control (ETRC).
- Governance & Ethical Leadership: Champion a culture of responsible finance, robust governance, comprehensive supervision, disciplined expense management, and high ethical standards.
- Regulatory Licensing: Obtain and maintain all required professional registrations, regulatory qualifications, and licenses within the prescribed timeframes.
What we will need from you:
- Professional Experience: Prior experience in a front office production support role, ideally within electronic trading is preferred.
- Technical & Market Microstructure Expertise: In-depth knowledge of equity algorithmic trading protocols, Smart Order Routing (SOR), exchange order types, auction mechanics, and intraday/closing execution technicalities.
- Communication & Stakeholder Management: Excellent verbal and written communication skills with the ability to build collaborative relationships across clients, sales traders, quantitative researchers, and technology partners.
- Education: Bachelor’s degree / University degree or equivalent professional experience (quantitative, finance, engineering, or technical discipline preferred).
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required
What Citi Can Offer You
By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:
- 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
Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self, every day.
We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive. If you are actively working with clients, have a passion for relationships and want to be part of a successful global franchise – then apply today.
Regulatory Information
Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime. The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.
Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.
Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:
- Honesty, Integrity and Reputation
- Financial soundness
- Competence and capability
In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above.
This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.
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Job Family Group:
Institutional Sales------------------------------------------------------
Job Family:
Investor Sales------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Most Relevant Skills
Please see the requirements listed above.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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.
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