Analyst/Associate - Credit Solutions EU - Liquid Asset Finance Team - Bank

JOB SUMMARY

This role is with the global platform for a global bank. The Credit Solutions EU (- CSEU- ) is active in the Illiquid Credit Trading space, Liquid Asset Financing, Credit Exotic Products and Pension and Insurance Risk Management. The client is seeking to hire a qualified candidate to work with the Liquid Asset Finance team. The team engages in financing and funding trades (structured as repos, collateral swaps, Total Return Swaps etc) against pools of fixed income instruments. The role focuses on pre- and post-trade analysis, monitoring and risk management for the trades.

ROLE RESPONSIBILITIES

- Direct market monitoring & market interaction through pricing exotic bond & debt instruments for risk & collateral purpose; modeling of new structured financing transactions and adapting existing models to new regulation/metrics

- Understanding legal covenants, termination triggers and other bespoke conditions for existing trades and providing inputs in the documentation of new trades in order to capture risks appropriately

- Fundamental credit analysis, cash-flow waterfall modeling of ABS and other securitized assets that the desk is financing (short or long term) or is sourcing funding

- Monitoring & explaining margin requirements; coordinating with the collateral management team on margin calls; provide technical insight in dispute

- Liaison with other FO desks in the bank: SF Sales and Structuring, Rates Structuring, Treasury, as well as with infrastructure teams in the Bank involved in the trade lifecycle, including Risk and PnL, Middle Office, Finance, CMV, GVG, FinCon etc.

- Develop/enhance infrastructure for pricing and risk management; P&L flash, and risk analytics

- Monitor and manage funding requirements on existing trades

- Advanced modeling to allow correct capital requirement calculation for the structured products traded by the desk

Technical Skills:

- 1-2 years experience in the financial industry

- Strong educational background and ideally from IIT background (not mandatory)

- Strong Excel skills will be required

- The candidate should be a creative thinker, interested in innovative financial products

Behavioral Skills: (e.g. communication skills):

- A desire to work in a fast-paced, challenging environment

- Motivated, fast thinking, dynamic professionals with exposure to finance

- Superior analytical aptitude, problem-solving abilities, and excellent communication skills

- Ability to work well in a team

- The candidate should be detail orientated

- Good problem-solving instincts and strong analytical skills.

- Strong communication skills and presentation ability is essential