Quantitative Credit Trading Director
TruistAbout the role
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Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)Please review the following job description:
Job Profile SummaryWe 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
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