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Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

Please review the following job description:

Job Profile Summary
We are looking for a quantitative strategist to join the Quantitative Credit Trading team at Truist. Our team systematically makes a secondary market in Credit bonds for Truist Securities fixed income investor clients in support of our origination and syndication business. In this role you will focus on day to day operation of the IG strategy as well as researching alpha signals and optimizing ETF create/redeem. In addition, you will assist in the development of systematic marketing making in other fixed income asset classes.

ESSENTIAL DUTIES AND RESPONSIBILITIES 
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 (position management/hedging/pair trades/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.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace.

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Salary : $250,000