Global Banking & Markets - New York - Vice President, Sales Strats - 9904303
About The Position
Develop trade ideas and market commentary across all macro and derivative credit products to help both GS trading and sales desks, as well as clients, to inform their risk-taking decisions in those products. Participate in client events (with individual clients or groups of clients) to discuss investment dynamics and investment opportunities in all macro and derivative credit products. Work closely with trading and trading strats to determine how the residual risk to the Firm can best be hedged, including the risk by tenor bucket on multiple curves. Code and program within Firm systems to automate pricing and reports to enhance business automation. Develop systematic strategies to track positioning in credit markets, involving the use of proprietary flow data, third-party data providers on flows and positions, historical performance analysis. Analyze macro-fundamental data from local and international data sources to ascertain likely path(s) of the US and global economy and how they may impact the pricing and trading behavior of credit products. Create unique metrics, indices, and indicators to track pricing imbalances and dislocations and compare against current market pricing dynamics to ascertain investment opportunities in the above products. Work with the Firm’s salespeople to analyze exposure, structure transactions, and explain quantitative concepts to clients. Also, work with sales to market content developed directly to Firm’s clients globally. Perform structuring and trade idea implementation analysis for the Firm’s clients, including risk management analysis based on the clients’ needs and positioning and the current pricing and positioning in credit markets in general and the above products in particular.
Requirements
- Bachelor’s degree (U.S. or foreign equivalent) in Computational Finance, Mathematics, Financial Mathematics, Financial Engineering, or related field.
- Five (5) years of experience in the job offered or in a related role.
- Five (5) years of experience working with Object-oriented programming tools (such as Python, Matlab or Excel VBA), to design efficient infrastructure and flexible data models.
- Five (5) years of experience developing tools, models, and analytics to support credit delta one and derivatives trading.
- Five (5) years of experience applying macroeconomics principles to analyze impact of different economic trends on credit markets in developed countries.
- Five (5) years of experience analyzing aggregate company balance sheets and debt metrics to predict the extent to which developments in company fundamentals can impact financial products.
- Five (5) years of experience utilizing subjective and model-driven inputs to generate clear and concise trade ideas in credit markets.
- Three (3) years of experience performing financial modelling and pricing of macro credit derivatives including credit default swaps (CDS), CDS indices, CDS index options, CDS index tranches and synthetic collateralized debt obligations (CDOs), Exchange -Traded Funds (ETFs), ETF options, total return swaps, credit futures, contingent options, and systematic and quantitative credit trading strategies.
- Three (3) years of experience in structuring fixed income products including credit linked notes and repacks with credit default swaps (CDS), CDS indices, CDS index options, CDS index tranches and credit TRS.
- Three (3) years of experience in rating methodology of credit structured products including CDOROM and DVA risk associated with the structured products.
- Three (3) years of experience in content writing and publishing in macro credit targeting different client bases.
- Three (3) years of experience presenting ideas to sales, trading and clients.
- FINRA Series 7, Series 63.
Nice To Haves
- Travel required (domestic and international) approx. 15% to meet clients, sales, and traders in other offices.
Responsibilities
- Develop trade ideas and market commentary across all macro and derivative credit products.
- Participate in client events to discuss investment dynamics and opportunities.
- Work with trading and trading strats to determine how residual risk can be hedged.
- Code and program within Firm systems to automate pricing and reports.
- Develop systematic strategies to track positioning in credit markets.
- Analyze macro-fundamental data to ascertain economic impacts on credit products.
- Create unique metrics, indices, and indicators to track pricing imbalances.
- Work with salespeople to analyze exposure, structure transactions, and explain quantitative concepts to clients.
- Market content developed directly to Firm’s clients globally.
- Perform structuring and trade idea implementation analysis for clients.
- Conduct risk management analysis based on client needs and market positioning.
Benefits
- Equal opportunity employer
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
