Equity Trader Jobs
Equity Trader jobs are open across investment banks, hedge funds, proprietary trading firms, and asset managers, at every level from junior analyst to senior trader and desk head, with specializations in equities execution, algorithmic trading, and derivatives. Find a role that fits from the openings below and apply directly.
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Showing 5 of 15+ Equity Trader jobs
Discover your future at Citi
Working at Citi is far more than just a job. A career with us means joining a team of approximately 219,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.
Job Overview
The Equity Exotics Trader is responsible for actively managing and risk-managing a proprietary and client-facilitation trading book comprising complex equity exotic derivatives and structured products. The primary objective is to generate sustainable, risk-adjusted trading revenue, maintain rigorous risk controls across complex non-linear Greeks, and partner closely with Structuring, Quantitative Analysis, and Institutional/Wealth Sales to expand Citi’s global equity exotics franchise.
Key Responsibilities:
1. Book Management & Trading Execution
- Risk Management & Hedging: Manage and dynamically hedge higher-order and non-linear risk exposures across structured and exotic equity derivatives books (including Autocallables, Reverse Convertibles, Clicquets, Accumulators/Decumulators, Barrier Options, Volatility/Variance Swaps, Quanto structures, and other Light Exotics.
- Greeks & Parameter Management: Actively monitor and manage complex market parameters, including:
- First- and second-order Greeks (Delta, Gamma, Vega, Volga/Vomma, Vanna, Charm, Speed, Color).
- Volatility surfaces, skew/smile dynamics, forward volatility, and term structure.
- Correlation risk, cross-gamma, dividend risk, repo/borrow curves, and interest rate sensitivities.
- Pricing & Market Making: Provide competitive, rapid, and accurate pricing for bespoke structured payoffs and flow exotics to Sales, Structuring, Private Banking, and Institutional clients.
- Revenue Generation: Deliver on budgeted net trading revenue targets in the context of established value-at-risk (VaR), Stress VaR, Comprehensive Capital Analysis and Review (CCAR), and desk-level sensitivity limits.
2. Quantitative Analytics & Platform Evolution
- Model Collaboration & Calibration: Partner with Quantitative Research / Financial Engineering (Strats) to refine, backtest, and calibrate pricing engines, Local Volatility (LV), and Stochastic Local Volatility (SLV) models.
- Analytics & Automation: Develop tactical algorithmic/Python pricing scripts, automated hedging tools, and scenario stress-testing suites to enhance desk efficiency and real-time P&L attribution.
- Infrastructure Optimization: Collaborate with Technology to improve trade booking workflows, risk aggregation systems, and straight-through processing (STP).
3. Governance, Controls & Risk Management
- Regulatory & Policy Compliance: Adhere strictly to all internal policies, Volcker Rule requirements, Market Abuse Regulations (MAR), FRTB guidelines, Booking Policy, and mandatory trading protocols.
- Control Function Engagement: Interface proactively with Market Risk Management, Model Risk Management (MRM), Credit Risk, Product Control, Legal, and Compliance to ensure proper validation, booking, and governance for all exotic payoffs.
- Culture & Conduct: Foster a culture of responsible finance, robust supervisory controls, operational discipline, and transparency; actively escalate potential control deficiencies, model breaks, or reputational risks. Taking accountability to analyze and own trade outcomes to ensure best practice for franchise and client development.
4. Franchise & Client Development
- Sales & Structuring Partnership: Work collaboratively with Equity Structuring and Institutional/Private Wealth Sales teams to identify market trends, anticipate client payoff preferences, and deliver innovative structured investment and hedging solutions.
- Counterparty & Market Interaction: Maintain strong inter-dealer broker and exchange relationships to source correlation, dividend, and bespoke option liquidity efficiently.
- Market Commentary: Provide actionable market intelligence, skew/volatility insights, and trade ideas to internal stakeholders and key client accounts.
Qualifications & Competencies:
1. Experience & Industry Knowledge:
- Experience: Professional trading experience within Equity Derivatives (4–7 years for VP level consideration, 3-4 years for AVP level consideration) or 8-10 years of experience in another applicable field for VP or AVP level consideration.
- Experience running an Equity Exotics or Structured Products trading book with strong risk management.
- Product Expertise: Deep technical mastery of non-linear payoff structures (Autocallables, Cliquets, Barriers, Dispersion, Quartiles, Range Accruals, Volatility/Variance derivatives, Quanto payoffs) across single-stock, basket, and index underlyings.
- Risk Acumen: In-depth knowledge of exotic risk management techniques, pinning risks, jump/gap risk dynamics, and multi-asset hybrid correlation behavior.
2. Technical & Quantitative Skills:
- Exceptional mathematical, probabilistic, and quantitative aptitude (stochastic calculus, numerical methods, Monte Carlo simulations, PDE solvers).
- Advanced programming and data analysis proficiency in Python (and/or C++, R, SQL, VBA).
- Proficient in market data systems and analytics platforms (Bloomberg OVME/DLIB/VOLS, Reuters, and proprietary equity risk engines).
3. Professional Skills & Licensing:
- Strong communication and interpersonal skills, with the ability to clearly articulate complex quantitative risk profiles to both internal control partners and client-facing teams.
- High level of composure, commercial acumen, and decision-making agility through a risk management lens in high-volatility, fast-paced trading environments.
- Licensing: Relevant regulatory registrations and trading licenses as required by jurisdiction (e.g., Series 7, 63, 57 in the US).
Education:
- Bachelor’s Degree: Degree in a quantitative discipline (Financial Engineering, Mathematics, Physics, Computer Science, Econometrics, Quantitative Finance, or Engineering).
- Advanced Degree: Master’s or Ph.D. in Quantitative Finance, Financial Mathematics, Computational Engineering, or an MBA preferred.
-
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:
$175 000,00 - $250 000,00
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:
nov 02, 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.
Discover your future at Citi
Working at Citi is far more than just a job. A career with us means joining a team of approximately 219,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.
Job Overview
The Equity Exotics Trader is responsible for actively managing and risk-managing a proprietary and client-facilitation trading book comprising complex equity exotic derivatives and structured products. The primary objective is to generate sustainable, risk-adjusted trading revenue, maintain rigorous risk controls across complex non-linear Greeks, and partner closely with Structuring, Quantitative Analysis, and Institutional/Wealth Sales to expand Citi’s global equity exotics franchise.
Key Responsibilities:
1. Book Management & Trading Execution
- Risk Management & Hedging: Manage and dynamically hedge higher-order and non-linear risk exposures across structured and exotic equity derivatives books (including Autocallables, Reverse Convertibles, Clicquets, Accumulators/Decumulators, Barrier Options, Volatility/Variance Swaps, Quanto structures, and other Light Exotics.
- Greeks & Parameter Management: Actively monitor and manage complex market parameters, including:
- First- and second-order Greeks (Delta, Gamma, Vega, Volga/Vomma, Vanna, Charm, Speed, Color).
- Volatility surfaces, skew/smile dynamics, forward volatility, and term structure.
- Correlation risk, cross-gamma, dividend risk, repo/borrow curves, and interest rate sensitivities.
- Pricing & Market Making: Provide competitive, rapid, and accurate pricing for bespoke structured payoffs and flow exotics to Sales, Structuring, Private Banking, and Institutional clients.
- Revenue Generation: Deliver on budgeted net trading revenue targets in the context of established value-at-risk (VaR), Stress VaR, Comprehensive Capital Analysis and Review (CCAR), and desk-level sensitivity limits.
2. Quantitative Analytics & Platform Evolution
- Model Collaboration & Calibration: Partner with Quantitative Research / Financial Engineering (Strats) to refine, backtest, and calibrate pricing engines, Local Volatility (LV), and Stochastic Local Volatility (SLV) models.
- Analytics & Automation: Develop tactical algorithmic/Python pricing scripts, automated hedging tools, and scenario stress-testing suites to enhance desk efficiency and real-time P&L attribution.
- Infrastructure Optimization: Collaborate with Technology to improve trade booking workflows, risk aggregation systems, and straight-through processing (STP).
3. Governance, Controls & Risk Management
- Regulatory & Policy Compliance: Adhere strictly to all internal policies, Volcker Rule requirements, Market Abuse Regulations (MAR), FRTB guidelines, Booking Policy, and mandatory trading protocols.
- Control Function Engagement: Interface proactively with Market Risk Management, Model Risk Management (MRM), Credit Risk, Product Control, Legal, and Compliance to ensure proper validation, booking, and governance for all exotic payoffs.
- Culture & Conduct: Foster a culture of responsible finance, robust supervisory controls, operational discipline, and transparency; actively escalate potential control deficiencies, model breaks, or reputational risks. Taking accountability to analyze and own trade outcomes to ensure best practice for franchise and client development.
4. Franchise & Client Development
- Sales & Structuring Partnership: Work collaboratively with Equity Structuring and Institutional/Private Wealth Sales teams to identify market trends, anticipate client payoff preferences, and deliver innovative structured investment and hedging solutions.
- Counterparty & Market Interaction: Maintain strong inter-dealer broker and exchange relationships to source correlation, dividend, and bespoke option liquidity efficiently.
- Market Commentary: Provide actionable market intelligence, skew/volatility insights, and trade ideas to internal stakeholders and key client accounts.
Qualifications & Competencies:
1. Experience & Industry Knowledge:
- Experience: Professional trading experience within Equity Derivatives (4–7 years for VP level consideration, 3-4 years for AVP level consideration) or 8-10 years of experience in another applicable field for VP or AVP level consideration.
- Experience running an Equity Exotics or Structured Products trading book with strong risk management.
- Product Expertise: Deep technical mastery of non-linear payoff structures (Autocallables, Cliquets, Barriers, Dispersion, Quartiles, Range Accruals, Volatility/Variance derivatives, Quanto payoffs) across single-stock, basket, and index underlyings.
- Risk Acumen: In-depth knowledge of exotic risk management techniques, pinning risks, jump/gap risk dynamics, and multi-asset hybrid correlation behavior.
2. Technical & Quantitative Skills:
- Exceptional mathematical, probabilistic, and quantitative aptitude (stochastic calculus, numerical methods, Monte Carlo simulations, PDE solvers).
- Advanced programming and data analysis proficiency in Python (and/or C++, R, SQL, VBA).
- Proficient in market data systems and analytics platforms (Bloomberg OVME/DLIB/VOLS, Reuters, and proprietary equity risk engines).
3. Professional Skills & Licensing:
- Strong communication and interpersonal skills, with the ability to clearly articulate complex quantitative risk profiles to both internal control partners and client-facing teams.
- High level of composure, commercial acumen, and decision-making agility through a risk management lens in high-volatility, fast-paced trading environments.
- Licensing: Relevant regulatory registrations and trading licenses as required by jurisdiction (e.g., Series 7, 63, 57 in the US).
Education:
- Bachelor’s Degree: Degree in a quantitative discipline (Financial Engineering, Mathematics, Physics, Computer Science, Econometrics, Quantitative Finance, or Engineering).
- Advanced Degree: Master’s or Ph.D. in Quantitative Finance, Financial Mathematics, Computational Engineering, or an MBA preferred.
-
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:
$175 000,00 - $250 000,00
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:
nov 02, 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.
See All 15 Equity Trader Jobs
Find roles that match your experience and apply in just a few clicks.
Find Equity Trader JobsEquity Trader Job Market
Who's Hiring
Top Industries Hiring
- Investment & Asset Management
- Banking & Financial Services
What Employers Look For
The qualifications that appear most often in equity trader jobs.
- Series 57 license or willingness to obtain it before the start date
- Proficiency with Bloomberg Terminal and order management systems such as Fidessa or FlexTrade
- Strong quantitative skills including statistical analysis and financial modeling in Excel or Python
- Bachelor's degree in finance, economics, mathematics, or a related quantitative field
- Demonstrated experience with equity execution strategies including algorithmic and manual order routing
- Knowledge of SEC and FINRA regulations governing equity trading and market structure
Tips for Your Equity Trader Job Search
Quantify your P&L and execution metrics
Hiring managers at trading firms want numbers, not narratives. List your average daily volume handled, Sharpe ratios you contributed to, or slippage improvements you drove. Generic phrases like 'managed equity portfolios' get passed over without hard figures behind them.
Tailor applications to desk type
A prop-firm posting and an asset-manager posting expect completely different things. Prop desks weight risk tolerance and speed under pressure. Buy-side roles emphasize fundamental research integration. Read each job description closely and reframe your experience to match the specific desk's mandate.
Apply early to roles that fit
Migrate Mate lists equity trader openings from across the United States in one place, so you can find roles that match and apply directly to each listing.
Earn your Series 57 before applying
Most equity trader roles at registered broker-dealers require a Series 57 license. If you're between jobs or transitioning into trading, passing the exam before you apply removes a common screening filter and signals you're ready to sit at a live desk from day one.
Prepare for a live trading simulation
Most firms beyond entry level run a market simulation or case-study round before the final interview. Practice reading Level II quotes, articulating order-routing logic, and defending position sizing decisions out loud. Stumbling on execution mechanics in a timed environment ends candidacies quickly.
Negotiate desk assignment, not just salary
At larger banks and funds, the desk you start on shapes your career trajectory. During the offer stage, ask directly which strategies the desk runs, what your rotation options are, and whether lateral moves to other books are common. Getting assigned to a shrinking desk matters as much as the offer itself.
Equity Trader Jobs: Frequently Asked Questions
Which companies are hiring the most equity traders?
The companies hiring the most equity traders right now include Dodge & Cox, Allworth Financial, and Citi, with the largest share of openings in New York, Illinois, and California, based on current listings on Migrate Mate as of November 2026. Demand tends to be concentrated at investment banks, prop trading firms, and large asset managers.
How many equity trader jobs are remote?
About 43% of equity trader openings are fully remote or hybrid as of November 2026, which is lower than most finance roles because live market access and desk infrastructure are typically required. Quantitative research, risk analytics, and back-office trading support roles within the broader equity trading function tend to have the most remote flexibility.
How do you become an equity trader?
Start by earning a bachelor's degree in finance, economics, or a quantitative field, then pass the Series 57 exam, which is required to trade equities at a registered broker-dealer. Build hands-on experience through internships at trading desks, prop firms, or market-making operations. Proficiency in Bloomberg, order management systems, and at least one programming language used for quantitative analysis strengthens your candidacy significantly.
Can you get an equity trader job with little experience?
Yes, junior trader and trading analyst roles exist specifically for candidates with limited professional experience. Firms recruiting at this level prioritize strong quantitative aptitude, a passed or scheduled Series 57 exam, and demonstrated market interest through personal trading accounts, finance coursework, or trading competitions. Prop trading firms often run structured training programs and evaluate candidates through aptitude tests rather than requiring prior desk experience.
What does the equity trader interview process look like?
The process typically starts with a phone screen focused on your background and market knowledge, followed by a technical round covering equity valuation, order types, and market microstructure. Most firms then run a live or simulated trading exercise where you execute orders under time pressure and explain your decisions. Final rounds often include a behavioral interview with senior traders and, at larger institutions, a risk or compliance review before an offer is extended.
Where can I find and apply to equity trader jobs?
You can find and apply to equity trader jobs on Migrate Mate, which lists current openings from employers across the United States. Search the listings to find roles that match your experience level and specialization, then apply directly to each one. No external redirects or third-party applications are involved.
See All 15 Equity Trader Jobs
Find roles that match your experience and apply in just a few clicks.
Find Equity Trader Jobs