What are the responsibilities and job description for the Liquid Asset Finance Trader - Vice President position at 5006 Deutsche Bank Securities Inc.?
Job Description:
Job Title Liquid Asset Finance Trader
Corporate Title Vice President
Location New York, NY
Overview
The Credit Solutions business sits within Global Financing and Credit Trading (GFCT). The Business has a broad mandate covering:
Trading and underwriting of complex / illiquid credit risk Originating and risk managing of loans against a range of esoteric assets Providing financing to clients via structured repos Participating in Insurance financing Providing investors yield enhancement opportunities via the illiquid flows/structured products it originates or trades
This role will sit within the Liquid Asset Finance (LAF) desk.
LAF Trading’s mandate is twofold: (i) to provide financing solutions and yield optimization strategies to the Deutsche Bank’s clients, and (ii) to source and provide internal funding.
What We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaboration
A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
Educational resources, matching gift, and volunteer programs
What You’ll Do
Sourcing funding for the Bank via upgrades and repos on both liquid and illiquid bonds and loans
Deploying funding through downgrades, TRS and reverse repos on illiquid assets
Optimizing the collateral/funding mix of Liquid Asset Financing to maximize Profit & Loss and reduce cost of funds
Working closely with the salesforce (Institutional Client Group) to distribute risk and promote the franchise with clients
How You’ll Lead
Risk managing positions
Identifying new trading & financing opportunities
Skills You’ll Need
Knowledge of a Repo trading business and the sourcing & deployment of funding
Detailed knowledge of credit, credit liquidity, credit pricing
Experience of working within a Fixed Income market-making business
Skills That Will Help You Excel
Excellent communication skills, both written and spoken
A detail orientated nature, with a consistent desire for self-education and development
Self-motivated
Self-starter
Expectations
It is the Bank’s expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank’s hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in New York City is $187.5K to $307.5K. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
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We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.
Salary : $187,500 - $307,500
