Full Job Description
ResponsibilitiesDivision Description:The desk is a profit and loss driven activity in charge of secured financing on fixed income credit products. It provides financing solutions both to internal and external clients of the firm on liquid credit assets (corporate and emerging markets bonds, ABS) via a large choice of financing wrappers (repo, securities lending, TRS, credit and repo facilities etc.)Be involved in day-today management of risks on a secured financing trading book on credit fixed income assets (corporate, ABS, EM)Provide leverage to institutional clients including hedged funds, regulated funds, insurance companies, among othersMonitor various collateral exposure spanning across corporate bonds, emerging markets bonds, non-agency residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), collateralized loan obligations (CLO), Fannie and Freddie risk transfer transactions (CRT), and asset-backed securities (ABS)Manage liquidity needs by tapping into and building relationships with external funding sourcesConduct thorough market analysis to help expand the platform's product offerings, while working in partnership with the salesforce and other internal stakeholders.Build and expand the franchise with daily interaction with clients while conducting a business within the bank risk appetite, generating revenues, and optimizing the bank's scarce resourcesIdentify potential customers and means of developing new businessRemain current on services and products offered throughout the firmEnsure correct trade details are passed to support areas Profile requiredRequired:Strong math, analytical, and communication skillsAbility to remain focused during highly stressful market conditionsMust be able to multitask and have excellent organizational and follow-up skillsRecognizing and developing new sales opportunitiesGood interpersonal communication skills and ease in conversing with both internal and external clientsRegulatory Skills:Needs to have a good understanding of the regulatory framework and rules of market exchanges and policiesNeeds to understand the regulations applicable to the performance of the roleNeeds to build a good working relationship with Compliance and other control functionsMust have unquestioned integrity, propriety, and accountabilityTECHNICAL SKILLSRequired:Computer skills that include Word, Excel and the ability to learn latest versions of other market related technical programsAbility to code simple programs (VBA) and ability to develop expertise in this areaPRIOR WORK EXPERIENCEPrevious relevant work experience in finance is a plusGood knowledge of the financial services industry and marketsFundamental economic analysis with both Micro and Macro focusEDUCATIONBachelor's degree (Business Administration, Finance or Economics majors preferred)Masters degree a plusThe position will require to obtain Series 7, 63 & 3 registrations.