Securities Lending Trader – Securities Finance (Assistant Vice President)
Citi · Dublin, Ireland · 1d ago
Shape your career with Citi in Dublin. By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Citi has had a presence in Ireland since 1965, it was one of the first foreign banks to open an office in the country and is the Citibank Europe Plc Headquarters.
Team/Role Overview
Citi is seeking a Securities Lending Trader to join its Securities Finance business within the Investor Services division in Dublin, supporting the trading and management of a securities lending book on behalf of prominent institutional investors — including Sovereign Wealth Funds, Pension Funds, Insurance Companies, ETF Issuers, and Mutual Funds. This is an intermediate-level individual contributor role with hands-on responsibility for day-to-day trading activity, risk management, and revenue contribution within a globally connected securities lending franchise. You will work within a 24-hour trading network spanning Sydney, Hong Kong, Singapore, London, Dublin, New York, and Tampa, drawing on Citi's market-leading branch network and securities lending expertise to generate value for both lenders and borrowers.
“This Role is a “Controlled Function” Role as defined by the Central Bank of Ireland Reform Act 2010 and Principal Regulations 2011, and amending Regulations 2014, 2015.”
What you’ll do
- Assist in managing a securities lending trading book, contributing to revenue generation, risk management, and delivery against budgeted financial targets.
- Execute daily trading activity across equity and fixed income products to support portfolio performance for institutional clients, including the assessment of corporate action events such as Rights, Tenders, Buybacks, and Scrip/DRP options.
- Establish and maintain key borrower and counterparty relationships to unlock securities finance opportunities and support desk activity across EMEA markets.
- Identify and present trading opportunities that capitalize on special situations and latent holdings, converting market intelligence into actionable outcomes for clients.
- Prepare market commentary and contribute to management reporting to keep internal stakeholders informed of market developments and book positioning.
- Assess risk and reward in trading decisions, adhering to all applicable regulations, firm policies, and required licenses and registrations.
What we’ll need from you
- Relevant experience in securities lending, prime finance, or a related trading role across equity or fixed income products.
- Working knowledge of securities lending products, client types, and market conventions, with the ability to support book management and trading decisions.
- Analytical and quantitative capability, with proficiency in Bloomberg, trading and booking systems, and market closing protocols.
- Ability to assess counterparty suitability, support institutional trade execution, and contribute to pitch situations with relevant market insight.
- Clear and concise communicator, both verbally and in writing, with the ability to produce internal reporting and client-facing commentary to a professional standard.
- Effective at building working relationships with borrowers, internal trading teams, sales, operations, and client relationship professionals.
- Holds, or is eligible to obtain, all licenses and registrations required for the role within applicable timeframes.
Beneficial Skills & Qualifications
- Exposure to both equity and fixed income securities lending products, in addition to experience in either asset class independently.
- Familiarity with collateral optimization or liquidity management strategies within an agency lending context.
- Bachelor's degree or equivalent experience in Finance, Economics, or a quantitative discipline.
What We Offer
At Citi, you will contribute to one of the most globally connected Securities Finance businesses in the industry, with access to an unmatched branch network, real-time controls, and a client base spanning the world's leading institutional investors. This is a performance-driven environment built on collaboration and continuous market innovation, where traders at every level have the opportunity to develop their expertise and grow their impact alongside experienced professionals.
- Hands-on involvement in a globally active trading desk with exposure to a 24-hour network across Sydney, Hong Kong, Singapore, London, Dublin, New York, and Tampa.
- A structured environment that supports professional development, with access to Citi's global scale, product innovation pipeline, and market thought leadership.
- A hybrid working model, with 3 days in the office and 2 days working remotely each week.
- Clear pathways for career progression within one of the world's leading securities finance businesses.
- A competitive financial wellbeing package, with compensation commensurate with experience and performance.
By joining Citi Dublin, 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 that support you (and your family) to be well, live well and save well. Discover more here.
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 energised to join us, motivated to stay, and empowered to thrive.
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
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 Trading------------------------------------------------------
Job Family:
Trading------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location Full Time Salary Range:
€0.00 - €2,250,000.00------------------------------------------------------
Most Relevant Skills
Please see the requirements listed above.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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