Desk Analyst - Risk Arbitrage

Berenberg Capital Markets; New York (NY); On-site; USD 175,000 - 225,000; Full time

Benefits offered by this job

Medical insurance

Vacation & sick time

Life insurance

STD/LTD

Parental leave

401(k) match

Job summary

BCM in New York’s US Markets division seeks a senior specialist in US takeover situations and event-driven stories. You will research, advise and trade equities for hedge funds globally, collaborating with our European Equities teams to service buy-side clients.

The role demands deep knowledge of North American mergers, strong client relationships and rigorous risk management. On-site in New York, we value integrity, clear communication and precise analysis.

Qualifications

• Bachelor’s degree or equivalent required; Series 7 and 63 licenses
• 7+ years’ experience analyzing special situations and merger-arb opportunities
• In-depth knowledge of US takeover processes and ongoing North American mergers

Responsibilities

• Monitoring and analyzing North American corporate actions, mergers and special situations
• Producing relevant analysis and research on US situations
• Driving growth of US Special Situations franchise
• Integral part of research/idea distribution to hedge funds
• Growing client relationships as well as developing relationships internally with the broader Cash Equities business
• Understanding drivers of relevant markets and establishing a high degree of competence with the clients

Skills

Communication skills

Integrity

Analytical skills

Attention to detail

Education

Bachelor’s degree

Series 7 license

Series 63 license

Job description

For our US Markets division in New York we are looking to hire an

Your role in the team:

The team focuses primarily on US takeover situations alongside various event-driven stories, including SPACs. The team provides clients with a joined-up, end-to-end service by researching, advising and trading equities on behalf of hedge funds globally. They have built a strong and growing reputation in the market as a well-respected broker in the space, leveraging solid relationships that have been developed over many years in the industry. The team constantly collaborates with the broader Equities business at Berenberg in Europe in order to best service buy-side clients.

What will you do?:

• Monitoring and analyzing North American corporate actions, mergers and special situations
• Producing relevant analysis and research on US situations
• Driving growth of US Special Situations franchise
• Integral part of research/idea distribution to hedge funds
• Growing client relationships as well as developing relationships internally with the broader Cash Equities business
• Understanding drivers of relevant markets and establishing a high degree of competence with the clients

Who are we looking for?:

• Bachelor’s degree preferred or equivalent experience and Series 7 and 63 required
• 7+ years’ experience analyzing special situations as well as merger-arb opportunities
• In depth knowledge of US takeover processes and strong understanding of on-going merger situations in North America
• Excellent communication skills, ability to foster relationships and to cooperate effectively
• Integrity and accountability – Maintaining the highest standards of market conduct and risk management
• Strong analytical and problem-solving skills as well as high attention to detail

What we offer you:

• 100% Company sponsored medical, dental, and vision insurance
• 25 Paid vacation and sick time
• Company-paid life insurance
• Company-paid STD/LTD
• Paid parental leave
• 401(k) plan with company match

Who We Are:

Berenberg Capital Markets LLC (BCM) is a New York based FINRA member broker-dealer, and wholly owned independent subsidiary of Joh. Berenberg, Gossler & Co. KG (Berenberg), one of Europe’s leading privately-owned banks, established in 1590. Together, BCM and Berenberg have built a franchise known for its “client first” approach and a global reputation of high-quality coverage of both corporate and institutional clients. Leveraging our global network of institutional investors and deep corporate relationships, we developed a track record of raising capital on US exchange’s raising over $27 billion across more than 80 transactions since opening our Equity Capital Markets division in 2018. Building on its strength and expertise across multiple industries, BCM continues to expand the breadth of Sales, Trading, and Investment Banking services it offers to better assist its institutional and corporate clients’ access to the global equity markets. BCM adopts the same principles as its parent company and is committed to building long-term relationships with its clients based on high levels of accountability, responsibility, insight, vision, and expertise.

We place great importance on working on site, as we believe that being together in the office not only fosters creativity and efficiency, but also strengthens networks and builds trusting, collegial relationships. For us, this forms the foundation for productive and successful work. Together we collaborate to shape our business and fulfil our ambitious goals.

We welcome you to join us in our commitment to always do the right thing for our people, clients and our business – Our future is where you take us!

We’re committed to finding reasonable accommodations for candidates who require adjustments during our recruiting process. Please contact us directly on [e-mail] to discuss.

BCM provides Equal Employment Opportunities (EEO) to all employees and applicants without regard to their actual or perceived age, race, creed, religious belief, color, gender, sexual orientation, gender identity, partnership status, marital status, physical or mental disability, national origin, alienage or citizenship status, military or veteran status, genetic predisposition or carrier status, or engaging in protected activity (such as opposition to prohibited discrimination or participation in proceedings covered by the anti-discrimination statutes) or any other characteristic protected by applicable federal, state and local law. BCM complies with applicable state and local laws governing non-discrimination in employment in every location in which the Company has facilities. This policy applies to all terms and conditions of employment, including hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Salary will vary based on role, education, level of experience, and expertise ranging between $175,000 to $225,000 dollars as a base salary with eligibility for a discretionary annual bonus plus comprehensive benefits package.