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Truist Credit Trading Desk Analyst III in New York, New York

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Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Research credit investments in support of fixed income sales & trading, debt capital markets and buy-side clients that buy and sell the firm's credit products.

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.

Credit Trading Desk Analyst:

  1. Perform credit due diligence to determine credit risk and relative value: analyze company reports, collect data, participate in company calls, attend conferences and investor meetings, question management, engage industry experts and model expectations

  2. Make credit research recommendations in support of RENTD capital

  3. Supplement clients’ research with additional credit support

  4. Directly support sales with supplemental credit teach-ins, participation in client calls and buy-side sales meetings

  5. Directly support traders by monitoring and advising on desk positions and trading levels

  6. Support the debt capital markets process by analyzing new bonds issues, educating S&T and buy-side on new issue credit risk and relative value, and providing client feedback and inquiry back to the syndicate desk

Analyst III Level:

  1. Applies experience to conduct research at several levels: macro, industry and individual companies.

  2. Handles most client inquiry, both written and oral, with limited senior analyst guidance.

  3. Proficient in building models at the industry and company levels. Can produce market forecasts, revenue forecasts, and estimates for profit with limited input from the senior analyst

  4. Independently conducts complex valuation analysis and is able to formulate investment ideas with guidance from the senior analyst.

  5. Independently drafts research commentary.

  6. Works closely with capital markets, S&T to help leverage the analysts' research product into our client base.

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. BA/BS degree

  2. CFA Level 3 candidate or equivalent knowledge

  3. Licenses required: Series 7, Series 63, Series 52 (muni analyst only)

  4. Minimum of 2 years of related work experience since graduation from an undergraduate program

  5. Proven analytical ability and attention to detail

  6. Solid leadership and interpersonal skills

  7. Proven ability to work well in a fast-paced, team-oriented environment

  8. Strong written and oral communication skills

Preferred Qualifications:

  1. 3 years of related work experience since graduation from an undergraduate program; CFA Level 3 Candidate
  • The annual base salary for this position in New York is $110,000

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 (https://benefits.truist.com/)

. 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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