VP, FICC Trading

New York, New York

Job Description:

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Job Description:

This job is responsible for managing risk and developing trading activities with limited direction from senior staff. Key responsibilities include proactively maintaining and building client relationships, supporting clients with buying and selling financial products, and developing and implementing trading strategies to achieve revenue goals. Job expectations include having in-depth knowledge of risk management, hedging, and trading strategies as well as market characteristics.

Assist team, hedge funds, and private equity funds to structure and negotiate funding transactions. Meet with prospective clients to discuss potential funding arrangements. Help to maintain risk reporting for direct team and credit risk partners. Assist with preparing credit approval materials and presentations for clients and team. Evaluate Risk Weighted Asset calculation and implementation for each transaction. Streamline asset booking and monitoring process. Monitor deal compliance with agreed upon triggers and remain abreast of pipeline information about upcoming deals and prospective clients. Collaborate with clients and credit to handle credit concerns about portfolio concentrations. Analyse portfolio liquidity and volatility of US leveraged loan market. Analyse comparable pricing for new transactions and evaluate impact of alternative deal structures on capital and liquidity treatment.

Responsibilities:

• Partners with global sales teams to help the bank's clients execute trading activities, while sharing knowledge of the current market environment

• Performs trading activities in compliance with federal regulations, industry standards, and other requirements

• Assigns accounts to pre-defined trading models and administers trades based on product guidelines

• Operates as a market maker, buying and selling financial instruments in accordance with established trading strategies and risk parameters

Skills:

• Business Acumen

• Trade Monitoring

• Trading

• Trading Strategy

• Trading and Investment Analysis

• Causation Analysis

• Client Management

• Financial Forecasting and Modeling

• Research Analysis

• Risk Management

Preferred Experience:

• Negotiating CLO (Collateralized Loan Obligations) warehouse documentation using Credit Agreement, Preference Share Agreements, Non-disclosure Agreements, and Security / Account Control Agreements with managers, counsel, and equity providers.

• Experience with structuring Total Return Swaps and Private Credit Financing Facilities including Loan Runner booking system, Trade Manager reporting system, and trustee reporting

• Using broadly syndicated loans and the related data including Moody’s, S&P, Fitch, and MarkIt Partners data to analyze underlying collateral using Quartz tools including GCSS Studio to structure financing facilities for key clients meeting their objectives.

• Familiarity with BDC Reporting published on SEC and other sites with ability to review 10-Ks, 8-Ks, and 10-Qs to review comparable transactions

• Analyzing portfolio liquidity and volatility of US leveraged loan market with the ability to pull loan and Total Return Swap time series data from Bloomberg to analyze historical volatility

• Analyzing comparable pricing for similar transactions in Total Return Swaps, Loan to SPV format, and Repo transactions and propose multiple financing solutions to clients depending on fund structure, geographical location, and portfolio profile

Education and Experience Requirement

Bachelors’ degree or equivalent in Business Administration, Economics, Mathematics, Finance or related degree

Shift:

1st shift (United States of America)

Hours Per Week:

40

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