Truist Quantitative Credit Trading VP 

United States, New York, New York 

959652784

Regular or Temporary:

English (Required)

• Make a secondary market in, and stand ready to purchase and sell, Credit bonds for Truist Securities fixed income investor clients and support our bond origination and syndication business.
• Maintain an inventory of positions (both long and short), and to establish positions to facilitate liquidity on behalf of our clients.
• Manage individual credit trading book with multiple sectors including but not limited to risk management, trade execution, hedging, trading strategy development and back testing.
• Accountable for P&L generation and maintaining market share in assigned sectors
• Active communication and dialog with Credit Research team to define views and trading strategy within the respective industries covered.
• Work closely with Debt Capital Markets and coverage banking teams to successfully originate and distribute Truist Left Lead deals.
• Develop and maintain client relationships across the Credit account base.
• Curate, process, and visualize data using tools such as Python/SQL.
• Conduct independent research utilizing Python and assist technology with the translation of research code into production quality Java based code.
• Manage 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.
• Maintain in-depth knowledge of the Electronic Credit Markets and demonstrate the ability to independently manage risk (position management/hedging/pair trades/risk assessment/macro analysis).
• Partners closely with research, banking professionals, product specialists, clients and other internal/external constituencies to help drive the business growth.
• Apply 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.
• Uphold the values of Trustworthiness, Caring, One Team, Success and Happiness to shape desk culture.
• Lead support work, business development and/or product/client relationship management when needed.
• Assist in the generation of ideas and strategies for new business opportunities.
• Lead all aspects of transaction execution, including organizing teams and handling engagement with internal and external constituencies, and managing resolution of complex client transaction issues.
• Build cross-functional relationships within the investment bank and leverages these relationships to aid in communication and desk/firm.
• Assist in training, mentoring, and directing the work of junior teammates.

Requirements

• Must have Master’s degree in Finance or a related quantitative field.
• Must have 5 years of experience in trading and/or quantitative research positions.
• Must have 3 years of experience working at a Financial Institution implementing trading signals, pricing, and quoting models specifically used in Credit products trading.
• Must have 2 years of experience with:
  • Working at a Financial Institution in a trading role
  • Using Python for data curation and model development.
  • Using SQL for data analytics.
  • Translating strategy code from a research environment in Python to Java.
  • The annual base salary for this position is: $249,954 – $350,000