About the Role
The Investment Grade Credit Desk Analyst (Director level) will critically analyze specific sectors/credits to generate profitable trading ideas for the Deutsche Bank trading desk and clients. This role involves partnering closely with Trading, the Institutional Client Group (ICG), and Capital Markets to assess market opportunities and enable effective risk positioning.
Responsibilities
- Conduct deep fundamental credit analysis to identify profitable trading opportunities in IG and cross-over cash bonds and single-name CDS.
- Monitor relative value to identify mis-pricings among cash bonds and single-name CDS.
- Maintain sector expertise and contacts to facilitate the identification of key trends and trade ideas.
- Develop thoughtful content to communicate analysis and ideas to sales and clients.
- Build relationships with clients through discussing market trends and trading ideas.
- Work closely with Deutsche Bank traders to ensure sensible risk positioning in trading books.
- Leverage the ICG Credit sales team to create an active feedback loop with clients.
- Partner with Capital Markets by providing market color around Deutsche Bank led new issues.
Requirements
- Previous experience in the IG/HY Credit market either on the buy/sell side.
- Existing relationships with market participants in this space.
- Previous experience with credit analysis and financial modelling, ideally resulting in trading ideas.
- Strong knowledge of the IG, crossover, and single-name CDS markets.
- History of strong risk management and identifying profitable trading opportunities.
Skills
- Credit analysis
- Financial modelling
- IG/HY Credit market
- IG, crossover, and single-name CDS markets
- Risk management
- Trading idea generation
Location
- New York, NY
Work Type
- Hybrid
Experience Level
- Director
Salary/Compensations
- $190,000 to $300,000
Benefits
- A diverse and inclusive environment that embraces change, innovation, and collaboration
- A hybrid working model, allowing for in-office / work from home flexibility
- Generous vacation, personal and volunteer days
- Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
- Competitive compensation packages including health and wellbeing benefits
- Retirement savings plans
- Parental leave
- Family building benefits
- Educational resources
- Matching gift and volunteer programs
- Access to physical, emotional, and financial wellness benefits
About the Company
- The Investment Grade Credit desk is part of Credit Flow Trading, sitting within the Global Financing & Credit Trading (GF&CT) business unit.
- We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
- Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
Equal Opportunity
- Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
- Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law.
- EEOC Know Your Rights
- Employee Rights and Responsibilities under the Family and Medical Leave Act
- Employee Polygraph Protection Act
