Director/Managing Director, Investment Grade Trader

Citizens; Charlotte (NC); On-site; USD 300,000 - 400,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Retirement benefits

Parental leave

Flexible work arrangements

Education reimbursement

Wellness programs

Job summary

Citizens is seeking a Director/MD, Investment Grade Trader to join the Sales & Trading team in Charlotte. The role focuses on liquidity provision to institutional clients, managing trading inventory and market risk, and partnering with Sales, Syndicate and Debt Capital Markets to enhance the Fixed Income franchise.

Key responsibilities include managing risk, making markets in Investment Grade bonds, and mentoring junior traders while ensuring regulatory compliance and disciplined risk controls.

Qualifications

• 10+ years in Investment Grade trading or closely related credit markets.
• Deep expertise in market structure, pricing, liquidity and relative value.
• Ability to generate P&L through disciplined risk management and market insight.
• Strong communication skills for internal/external stakeholders.
• Series 7 and 63 licenses required (or ability to obtain promptly).

Responsibilities

• Own and manage Investment Grade trading risk across corporate bonds and related instruments.
• Make markets and provide liquidity for institutional clients.
• Collaborate with Syndicate and Debt Capital Markets on new issue pricing and distribution.
• Provide real-time market color, liquidity insight, and pricing intelligence to teams.
• Evaluate and manage firm inventory, liquidity constraints, and capital usage.
• Serve as a senior market resource on market structure and execution strategy.
• Mentor and develop junior traders and foster a high-performance culture.
• Maintain strict adherence to regulatory and internal risk management requirements.

Skills

Investment Grade Trading

P&L generation

Market structure expertise

Liquidity provision

Risk management

Strong communication

Education

Series 7 & 63 licenses

Job description

Description

Citizens Capital Markets & Advisory is seeking an experienced Director/Managing Director, Investment Grade Trader to join its Sales & Trading team. This role is centered on providing liquidity to institutional clients, managing trading inventory and market risk, developing sector expertise, and partnering closing with Sales, Syndicate, and Debt Capital Markets to enhance Citizen’s Fixed Income franchise

Description

Citizens Capital Markets & Advisory is seeking an experienced Director/Managing Director, Investment Grade Trader to join its Sales & Trading team. This role is centered on providing liquidity to institutional clients, managing trading inventory and market risk, developing sector expertise, and partnering closing with Sales, Syndicate, and Debt Capital Markets to enhance Citizen’s Fixed Income franchise

Key Responsibilities

• Own and actively manage Investment Grade trading risk across corporate bonds and related instruments, with disciplined balance sheet deployment.
• Make markets and provide liquidity in Investment Grade corporate bonds for institutional clients
• Partner closely with Investment Grade Syndicate and Investment Banking on new issue pricing, distribution strategy, order book intelligence, and aftermarket performance.
• Provide real-time market color, liquidity insight, and pricing intelligence to sales, syndicate, research, and banking teams.
• Evaluate and manage firm inventory, liquidity constraints, and capital usage in line with risk and return objectives.
• Serve as a senior market resource to clients and internal stakeholders regarding market structure, execution strategy, and credit market dynamics.
• Mentor and develop junior traders and contribute to a high-performance, risk-aware trading culture.
• Maintain strict adherence to regulatory, supervisory, and internal risk management requirements

Qualifications

• 10+ years of Investment Grade Trading experience or a closely related credit markets role.
• Deep expertise in Investment Grade market structure, pricing, liquidity, spread products, and relative-value dynamics.
• Proven ability to generate P&L through disciplined risk management and market insight.
• Strong understanding of primary and secondary Investment Grade credit markets.
• Demonstrated ability to balance client facilitation, risk management, and firm profitability.
• Excellent communication skills with the ability to articulate market views internally and externally.
• Series 7 and 63 licenses required (or ability to obtain promptly).

Hours & Work Schedule

• Hours per Week: 40+
• Work Schedule: Monday to Friday

Pay Transparency

The salary range for this position is $300,000 to $400,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to, the budget, the work location, and relevant skills and experience.

We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of very local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.

Why Work for Us

At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth

Posting End Date: 10/31/2026