Director/MD Cap Mkts High Yield Sales & Trading

Citizens Financial Group • Charlotte, NC

1d

About The Position

Citizens Capital Markets is looking for an experienced and highly driven Director/Managing Director to join its established High Yield Sales & Trading team. This role will build on an already strong foundation with a focus on continued growth. The selected candidate will lead revenue generation from both secondary trading and primary issuance, manage senior-level client relationships, and work closely with syndicate, trading, research, and banking teams to provide institutional clients with top ‑ tier execution and insightful market perspectives.

Requirements

• 10+ years of experience in High Yield Sales, Trading, or a closely related leveraged finance or credit markets role.
• Deep understanding of high yield credit markets, including cash bonds, distressed, and relative value dynamics across sectors.
• Established institutional client relationships within the high yield and leveraged credit investor community.
• Demonstrated track record of revenue generation, client franchise development, and market credibility.
• Strong commercial judgment with the ability to balance client needs, risk management, and firm objectives.
• Exceptional communication, negotiation, and presentation skills, with comfort engaging at the CIO/PM level.
• Series 7 and 63 licenses required (or ability to obtain promptly).

Responsibilities

• Lead high yield credit sales and/or trading activities across institutional accounts, including asset managers, hedge funds, insurance companies, and other alternative investors.
• Own and deepen senior‑level client relationships, acting as a trusted advisor on market conditions, relative value, and trade ideas across the high yield spectrum.
• Partner closely with High Yield Syndicate and Investment Banking to support new issue execution, investor targeting, and aftermarket performance.
• Drive revenue growth through active risk management, trade idea generation, and disciplined balance sheet deployment (as applicable).
• Provide real‑time market color, pricing feedback, and liquidity insight to clients and internal stakeholders.
• Mentor and develop junior sales and trading professionals, fostering a collaborative, high‑performance culture.
• Ensure strict adherence to regulatory, risk, and supervisory requirements, including all firm policies and attestations.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees