Capital Markets Managing Director I-Trading (IC)(F)

PNC • New York, NY

21d • $130,000 - $225,000 • Onsite

About The Position

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. As a Capital Markets Managing Director I - Trading (F) within PNC's Capital Markets organization, you will be based in New York, NY. Preferences: Prior credit training experience Finra licensed required: SIE, Series 7 and 63. Required within 120 days of hire. PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position. Job Description Lead and manage trading strategy and execution for select capital markets products. Makes markets in designated customer products and manages portfolio risk. Enforces team's compliance with risk and regulatory requirements. May be responsible for a team of traders. Works strategically with traders, sales team, relationship managers, and investment bankers to develop and execute moderatly complex trading/hedging strategies. Maintains relationships with buyers and sellers. Drives accountability for business results and ensures appropriate training, coaching, development, and mentoring of staff. Identifies relative value opportunities and make markets. Monitors market conditions and manages risk across specified team's trading portfolios. Work with stakeholders to develop comprehensive capital markets selling strategies to maximize revenue and new business activity. Focuses market/product coverage efforts and ensures appropriate resource allocation. Monitors trading activities, industry and market developments, and regulatory requirements. Enforces compliance with policies and regulations. Works with stakeholders to develop/modify relevant policies and guidelines. Provides coaching to team members. PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be: Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions. Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

Requirements

• Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role.
• Roles at this level typically require a university / college degree.
• Higher level education such as a Masters degree, or PhD is desirable.
• Industry experience is typically 8 + years.
• Specific certifications are often required.
• In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Nice To Haves

• Prior credit training experience

Responsibilities

• Lead and manage trading strategy and execution for select capital markets products.
• Makes markets in designated customer products and manages portfolio risk.
• Enforces team's compliance with risk and regulatory requirements.
• May be responsible for a team of traders.
• Works strategically with traders, sales team, relationship managers, and investment bankers to develop and execute moderatly complex trading/hedging strategies.
• Maintains relationships with buyers and sellers.
• Drives accountability for business results and ensures appropriate training, coaching, development, and mentoring of staff.
• Identifies relative value opportunities and make markets.
• Monitors market conditions and manages risk across specified team's trading portfolios.
• Work with stakeholders to develop comprehensive capital markets selling strategies to maximize revenue and new business activity.
• Focuses market/product coverage efforts and ensures appropriate resource allocation.
• Monitors trading activities, industry and market developments, and regulatory requirements.
• Enforces compliance with policies and regulations.
• Works with stakeholders to develop/modify relevant policies and guidelines.
• Provides coaching to team members.

Benefits

• PNC offers a comprehensive range of benefits to help meet your needs now and in the future.
• Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives.
• In addition, PNC generally provides the following paid time off, depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 9 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.
• To learn more about these and other programs, including benefits for full time and part-time employees, visit pncthrive.com.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees