Vice President, Investment Grade Credit Desk Strategist - US Corporates

Royal Bank of Canada • New York, NY

12d • $225,000

About The Position

Investment Grade Credit Desk Strategist - US Corporates What's the Opportunity? Responsible for credit sector analysis of US Financials Corporates. Primary objectives are to ensure timely and relevant intelligence is provided to the sales and trading team and to our clients. What will you do? Advise clients on credit developments and relative value opportunities on assigned sector coverage through written commentary, phone calls, meetings and presentations. Brief and educate colleagues in sales and trading regularly on key credit themes and developments across assigned sector coverage. Work closely with desk traders on risk positions and trading opportunities. Maintain and develop close relationships with colleagues in Debt Capital Markets, HY Desk, Equity Research, Rates, etc. Advise on aggregate IG desk positioning and provide input on risk positions, highlighting relative value opportunities as well as areas of concern. What you need to succeed: Minimum 3-5 years’ experience as a Credit Research/Sector Analyst on the buy-side or sell-side. Experience and knowledge of Bank and Non-Bank Financials sectors. Knowledge of BDC sector a plus. Excellent communication and writing skills, ability to adapt presentation to a wide variety of audiences. Ability and willingness to operate and react quickly to market developments Strong understanding of fixed income markets and bond valuations Strong understanding of economics, business cycles, credit markets We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual. RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that: Drives RBC’s high-performance culture Enables collective achievement of our strategic goals Generates sustainable shareholder returns and above market shareholder value

Requirements

• Minimum 3-5 years’ experience as a Credit Research/Sector Analyst on the buy-side or sell-side.
• Experience and knowledge of Bank and Non-Bank Financials sectors.
• Excellent communication and writing skills, ability to adapt presentation to a wide variety of audiences.
• Ability and willingness to operate and react quickly to market developments
• Strong understanding of fixed income markets and bond valuations
• Strong understanding of economics, business cycles, credit markets
• Series 7 & 63 Required
• Undergraduate Degree

Nice To Haves

• Knowledge of BDC sector a plus.
• CFA designation and/or MBA a plus

Responsibilities

• Advise clients on credit developments and relative value opportunities on assigned sector coverage through written commentary, phone calls, meetings and presentations.
• Brief and educate colleagues in sales and trading regularly on key credit themes and developments across assigned sector coverage.
• Work closely with desk traders on risk positions and trading opportunities.
• Maintain and develop close relationships with colleagues in Debt Capital Markets, HY Desk, Equity Research, Rates, etc.
• Advise on aggregate IG desk positioning and provide input on risk positions, highlighting relative value opportunities as well as areas of concern.

Benefits

• A comprehensive Total Rewards Program include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
• Leaders who support your development through coaching and managing opportunities.
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Opportunities to do challenging work.
• Opportunities to build close relationships with clients.

What This Job Offers

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