Truist Quantitative Credit Trading Director 

United States, New York, New York 

869546304

Regular or Temporary:

English (Required)

ESSENTIAL DUTIES ANDRESPONSIBILITIES
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 systematic 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, hedging, trading strategy development and back testing.
3. Accountable for P&L generation and maintaining market share in assigned sectors.
4. Knowledge of Credit Products electronic trading protocols and exchanges.
5. Active communication and dialog with Credit Research team to define views and trading strategy within the respective industries covered.
6. Work closely with Debt Capital Markets and coverage banking teams to successfully originate and distribute Truist Left Lead deals.
7. Able to curate, process and visualize data using tools such as Python/SQL.
8. Able to conduct independent research utilizing Python.
9. Able to assist technology with the translation of research code into production quality Java based code.
10. Develop and maintain client relationships across the Credit account base.

Level-specific duties:

1. Expert skills in managing desk capital to execute firm and customer trades in accordance with desk risk parameters.
2. Responsible for managing 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.
3. Practiced professional in Electronic Credit Markets and has extensive experience demonstrating the ability to independently manage risk (positiontrades/risk assessment/macro analysis).
4. Strong analytical, written, and oral communication skills.
5. Partners closely with research, banking professionals, product specialists, clients and other internal/external constituencies to help drive the business growth.
6. 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.
7. Provides efficient, effective and differentiated execution for clients, fellow teammates and stakeholders.
8. Upholds the values of Trustworthiness, Caring, One Team, Success and Happiness to shape desk culture.
9. Maintains extensive and deep current Credit client relationships, a track record of success in the areas of new client relationship development, and advancement of existing client relationships to drive future business growth is expected.
10. Leads support work, business development and/or product/client relationship management when needed.
11. Assists in the generation of ideas and strategies for new business opportunities.
12. 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.

13. Builds cross-functional relationships within the investment bank and leverages these relationships to aid in communication and desk/firm
14. 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. Graduate degree with quantitative focus or an equivalent combination of education and experience
2. 7 years of related work experience
3. At least 3yrs at a Broker Dealer implementing trading signals, pricing and quoting models specifically used in Credit products trading
4. At least 2yrs at a Broker Dealer with revenue production in related Credit products
5. Track record of revenue generation and entrepreneurial nature
6. Prudent risk management skills
7. Advanced analytical and technical skills combined with a problem solving attitude
8. Excellent interpersonal style, good listening skills and the ability to communicate highly complex ideas clearly and concisely

Preferred Qualifications:

1. Experience in mentoring and coaching

The annual base salary for this position is $250,000 per year plus bonus.