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Truist Credit Trading VP 
United States, New York, New York 
372945861

21.07.2024

Regular or Temporary:

English (Required)

1st shift (United States of America)Please review the following job description:

ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. In connection with market making, Truist is typically required to maintain an inventory of positions (both long and short), and to establish positions to facilitate liquidity on behalf of our clients.
2. Responsible for managing individual credit trading book with multiple sectors including but not limited to risk management, trade execution, trade analysis, sector analysis, idea generation, and hedging.
3. Accountable for P&L generation and maintaining market share in assigned sectors
4. Active communication and dialog with Credit Research team to define views and trading strategy within the respective industries covered.
5. Independently analyze and evaluate credit market and security specific opportunities.
6. Develop and maintain client relationships across the Credit account base.
7. Work closely with Debt Capital Markets and coverage banking teams to successfully originate and distribute Truist Left Lead deals.

Level-specific duties:

1. Manages individual credit trading book with multiple sectors including but not limited to risk management, trade execution, pre/post trade analysis, sector analysis, idea generation, hedging, and attributable P&L.
2. Maintains an in-depth knowledge of the Credit market and demonstrates the ability to independently manage risk (position management/hedging/pair trades/risk assessment/macro analysis).
3. Strong analytical, written, and oral communication skills
4. Partners closely with research, banking professionals, product specialists, clients and other internal/external constituencies to help drive the business growth.
5. Applies expert risk management skills and sets the standard for risk management practices for Credit Trading in accordance with risk and regulatory limits outlined in the Credit Desk Trader Mandate.
6. Upholds the values of Trustworthiness, Caring, One Team, Success and Happiness to shape desk culture.
7. Proven ability to develop new client relationships and advance existing client relationships to drive future business growth is expected.
8. Leads support work, business development and/or product/client relationship management when needed.
9. Assists in the generation of ideas and strategies for new business opportunities.
10. Leads all aspects of transaction execution, including organizing teams and handling engagement with internal and external constituencies, and managing resolution of complex client transaction issues.
11. Builds cross-functional relationships within the investment bank and leverages these relationships to aid in communication and desk/firm
12. Assists in training, mentoring, and directing the work of junior teammates

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. BA/BS degree
2. 8 years of related work experience
3. In-depth knowledge of Credit Credit industry, market, and products
4. Track record of revenue generation and entrepreneurial nature
5. Prudent risk management skills
6. Advanced analytical and technical skills combined with a problem solving attitude
7. Excellent interpersonal style, good listening skills and the ability to communicate highly complex ideas clearly and concisely


Preferred Qualifications:

1. CFA and/or MBA degree, with a Finance focus
2. 10 years of related work experience
3. Experience in mentoring and coaching junior talent
4. Technology / Coding experience (Python, R, VBA, ect.)

- The annual base salary for this position in New York is $250,000