Capital Markets Associate – Derivatives Products Group

Jobtailor; New York (NY); On-site; USD 90,000 - 140,000; Full time

Job summary

PNC is seeking a results‑driven professional to support the derivatives desk, focusing on interest rate hedging for corporate clients in a fast‑paced environment. You will assist in marketing, trade execution, and client onboarding, while building market commentary and analytics for risk management decisions.

Ideal candidates have 2+ years in derivatives, fixed income, or capital markets, with strong analytical and communication skills and proficiency in Excel and PowerPoint.

Qualifications

• Derivatives and fixed income market experience
• Familiarity with ISDA terms and credit risk concepts (CVA/DVA/FVA)

Responsibilities

• Support marketing and execution of interest rate hedging solutions for corporate clients
• Generate trade ideas and prepare marketing materials and pitch books
• Prepare market commentaries and perform swap portfolio analytics and peer analyses
• Assist in client onboarding, including trade confirmations and ISDA documentation
• Coordinate internal approvals with credit, legal, settlements and partners
• Collaborate with Trading, Corporate Banking, and Capital Markets teams
• Support business development and client relationship management
• Assist in financial analyses, research and reporting for capital markets transactions
• Monitor industry and market knowledge and ensure regulatory compliance

Skills

Derivatives

Fixed Income

Interest Rate Derivatives

Swaps

Swaptions

CVA

DVA

FVA

ISDA Documentation

Communication Skills

Analytical Skills

Problem-Solving Abilities

Attention to Detail

Organizational Skills

Education

SIE

Series 7

Series 52

Series 63

Series 79

Tools

Microsoft Excel

Microsoft PowerPoint

Job description

• Support marketing and execution of interest rate hedging solutions for PNC’s corporate and institutional clients
• Provide day-to-day support and backup across the derivatives desk
• Generate trade ideas and prepare marketing materials and pitch books
• Write market commentaries and conduct swap portfolio analytics and peer analyses
• Provide indicative pricing tailored to clients’ risk management needs
• Manage client onboarding, including credit lines, ISDA documentation, and trade confirmations
• Coordinate required internal approvals with credit, legal, settlements, and other service partners
• Partner with Trading, Corporate Banking, Debt Capital Markets, Leveraged Finance, Foreign Exchange, and Treasury Management
• Support business development initiatives and client relationship management
• Support execution of capital markets transactions and prepare financial analyses, research, reports, and supporting documents
• Coordinate due diligence, document processing, and industry/company analysis
• Monitor and develop industry, client, product, market, and regulatory knowledge
• Contribute to a risk-mitigating, compliance-driven culture

Requirements

• Derivatives, Fixed Income, Securities Sales, or Capital Markets experience
• Direct experience marketing and/or executing interest rate derivative products, including swaps, swaptions, caps, floors, cross-currency swaps, and Treasury locks, for corporate clients
• Solid understanding of derivatives markets and fixed income derivative product pricing
• Familiarity with ISDA documentation and terms
• Familiarity with credit risk concepts, including CVA, DVA, and FVA
• Strong interest in global macro markets and market developments
• Excellent verbal, written, and interpersonal communication skills
• Strong quantitative, analytical, and problem‑solving abilities
• Advanced proficiency in Microsoft Excel and PowerPoint
• Strong attention to detail and organizational skills
• Ability to thrive in a fast‑paced, team‑oriented environment and perform effectively under pressure
• Demonstrated commitment to collaboration and achieving team goals
• University/college degree and 2+ years of relevant professional experience; comparable combination of education, job‑specific certification(s), and experience may be considered in lieu of a degree
• Required licenses vary by business area and may include SIE, Series 7, Series 52, Series 63, and Series 79 within specified periods after employment
• No required or preferred language assessments
• Must not require employment visa sponsorship; PNC will not participate in STEM OPT

Core Competencies

Demonstrates expertise in derivatives and fixed income products, with a strong focus on interest rate derivatives and client relationship management. Proficient in market analysis, trade execution, and compliance within capital markets.

Highest-signal resume keywords

• Derivatives Experience
• Interest Rate Derivative Products
• Market Analysis
• Client Relationship Management
• Microsoft Excel Proficiency

Hard Skills

• Derivatives
• Fixed Income
• Securities Sales
• Interest Rate Derivative Products
• Swaps
• Swaptions
• CVA
• DVA
• FVA
• ISDA Documentation

Soft Skills

• Communication Skills
• Analytical Skills
• Problem‑Solving Abilities
• Attention to Detail
• Organizational Skills

Certifications & Qualifications

• SIE
• Series 7
• Series 52
• Series 63
• Series 79

Industry Keywords

• Capital Markets
• Risk Management
• Client Onboarding
• Trade Confirmations
• Market Commentaries

Tools & Technologies

• Microsoft Excel
• Microsoft PowerPoint