Credit Trading Desk Analyst (DIR)

Truist Bank • New York, NY

1d • $225,000 - $300,000

About The Position

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Research credit investments in support of fixed income sales & trading, debt capital markets and buy-side clients that buy and sell the firm's credit products.

Requirements

• BA/BS degree
• CFA designation or equivalent knowledge
• Licenses required: Series 7, Series 63, Series 52 (muni analyst only)
• Minimum of 10 years of related work experience
• Advanced knowledge of industry, market and products
• Proven ability to develop, nurture and monetize "trusted advisor" client relationships with senior executives
• Excellent interpersonal style, good listening skills and the ability to communicate highly complex ideas clearly and concisely
• Strong partnering and leadership skills in a complex, matrixed environment

Nice To Haves

• MBA degree, with finance focus
• CFA designation
• 14+ years of related work experience
• Experience recruiting, mentoring and coaching

Responsibilities

• Perform credit due diligence to determine credit risk and relative value: analyze company reports, collect data, participate in company calls, attend conferences and investor meetings, question management, engage industry experts and model expectations
• Make credit research recommendations in support of RENTD capital
• Supplement clients’ research with additional credit support
• Directly support sales with supplemental credit teach-ins, participation in client calls and buy-side sales meetings
• Directly support traders by monitoring and advising on desk positions and trading levels
• Support the debt capital markets process by analyzing new bonds issues, educating S&T and buy-side on new issue credit risk and relative value, and providing client feedback and inquiry back to the syndicate desk
• Applies deep experience, proven judgement, and industry resources to make credit product investment recommendations with a performance track record commensurate with experience and skill level. Continues to cultivate and develop industry resources to build expertise.
• Continues to develop client relationships with strong interpersonal skills. Applies highly developed communication skills, written and oral, to convey complex ideas clearly and concisely. Produces credit commentary and hosts meetings with investors and high level banking clients. Must represent the bank in client meetings with strong knowledge of the industry, market and products.
• Takes a proactive approach to risk management in the fixed income trading business
• Supervises, mentors and develops junior analysts.
• Applies industry/market/product knowledge to drive revenue production and business.
• Identifies and cultivate reverse client inquiry, facilitating origination opportunities.

Benefits

• Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
• Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
• Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

What This Job Offers

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