Position Overview

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. As a Capital Markets Managing Director I - Trading within PNC's Capital Markets organization, you will be based in New York, NY.

Finra licensed required: SIE, Series 7 and 63. Required within 120 days of hire.

Preferences: Extensive background in banking & syndication of agency and non-agency CMBS securitizations.

Job Description

• Lead and manage trading strategy and execution for select capital markets products. Makes markets in designated customer products and manages portfolio risk. Enforces team's compliance with risk and regulatory requirements. May be responsible for a team of traders.
• Works strategically with traders, sales team, relationship managers, and investment bankers to develop and execute moderatly complex trading/hedging strategies. Maintains relationships with buyers and sellers. Drives accountability for business results and ensures appropriate training, coaching, development, and mentoring of staff.
• Identifies relative value opportunities and make markets. Monitors market conditions and manages risk across specified team's trading portfolios.
• Work with stakeholders to develop comprehensive capital markets selling strategies to maximize revenue and new business activity. Focuses market/product coverage efforts and ensures appropriate resource allocation.
• Monitors trading activities, industry and market developments, and regulatory requirements. Enforces compliance with policies and regulations. Works with stakeholders to develop/modify relevant policies and guidelines. Provides coaching to team members.

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:

• Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
• Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

Qualifications

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.

Competencies