Investment Grade Credit Desk Analyst - Associate

Deutsche Bank • New York, NY

420d • $135,000 - $175,000 • Remote

About The Position

The Investment Grade Credit Desk Analyst position at Deutsche Bank involves critically analyzing specific sectors and credits to generate profitable trading ideas for the trading desk and clients. The role requires close collaboration with Trading, the Institutional Client Group, and Capital Markets to assess market opportunities and enable effective risk positioning.

Requirements

• Previous experience in the IG/High Yield Credit market either on the buy/sell side.
• Existing relationships with market participants in this space.
• Previous experience with credit analysis and financial modelling, ideally resulting in trading ideas.
• Strong knowledge of the IG, crossover, and single-name CDS markets.
• History of strong risk management and identifying profitable trading opportunities.

Nice To Haves

• Excellent communication skills, both written and spoken.
• Self-motivated and a self-starter.

Responsibilities

• Conduct deep fundamental credit analysis to identify profitable trading opportunities for the desk and clients in IG and cross-over cash bonds and single-name CDS.
• Monitor relative value to identify mis-pricings among cash bonds and single-name CDS.
• Maintain sector expertise and contacts to facilitate the identification of key trends and trade ideas.
• Develop thoughtful content to communicate analysis and ideas to sales and clients.
• Build relationships with clients through discussing market trends and trading ideas.
• Work closely with Deutsche Bank traders to ensure sensible risk positioning in trading books.
• Leverage the ICG Credit sales team to create an active feedback loop with clients.
• Partner with Capital Markets by providing market color around Deutsche Bank led new issues.

Benefits

• A diverse and inclusive environment that embraces change, innovation, and collaboration.
• A hybrid working model, allowing for in-office/work from home flexibility.
• Generous vacation, personal and volunteer days.
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement.
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits.
• Educational resources, matching gift, and volunteer programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: No Education Listed