New York, NY, USA
1 day ago
Credit Portfolio Group Trader - Analyst

We are looking for a diligent, quantitative, self-motivated and outgoing individual to join the Credit Portfolio Group in New York.  The candidate will have experience with Python and strong communication skills, attention to detail, and thrive in a team environment. Prior experience on a sales or trading desk is a plus, must have a desire to trade credit. 

Job Responsibilities

Support and execution of loan sales and derivative hedging strategies Automation of trading desk daily risk & position reports Trade support and automation for portfolio hedging strategies Credit curve maintenance and reconciliation Communication of position activity and performance to management and other team members

Required qualifications, capabilities and skills

1 year minimum experience in markets, banking, research or accounting focused role Intellectual curiosity with a passion for markets and an interest in investing Advanced proficiency in Excel; Intermediate proficiency in Python Excellent quantitative skills, educated to degree level  Ability to exercise sound judgement under pressure Ability to work in a collaborative team environment

Credit Portfolio Group - Lending

The Credit Portfolio Group (CPG) Lending is a public-side global function with approximately 25 Portfolio Management and Trading professionals across New York, London and Singapore and is part of the Markets function within the CIB. CPG Lending has two primary functions including Portfolio Management & Research (PM&R) which is aligned by industry and geography, and Trading & Distribution (T&D) which uses both liquid and illiquid channels to facilitate transactions.  The priority of the group is to manage the retained credit portfolio focusing on concentrated exposures (company specific, industry or geographical concentrations) while balancing the competing issues of minimizing cost, P&L volatility, and capital usage.  Portfolio managers and researchers work with traders to determine appropriate strategies to manage the portfolio which are achieved primarily via the secondary loan market, the CDS market, and through structured solutions.

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