Global Banking & Markets Private , Corporate Derivatives Underwriting Associate -Dallas

Candidate Experience Site - Lateral; Dallas (TX); On-site; USD 100,000 - 160,000; Full time

Job summary

Candidate Experience Site - Lateral is seeking an Associate for Corporate Derivatives Underwriting (CDU) to manage underwriting from engagement to credit approval. You will develop independent credit views, identify risks and mitigants, and coordinate with Sales, Credit Risk, Legal, and Documentation teams to secure timely decisions.

You will apply rigorous analytical judgment to assess credit quality, challenge assumptions, and produce clear underwriting memoranda, while building knowledge of

Qualifications

• High-judgment role at the intersection of markets, credit, and legal risk.
• Ability to exercise independent judgment in credit or risk-related roles.
• Strong understanding of corporate finance.

Responsibilities

• Act as a primary underwriter on a broad range of transactions from engagement to credit approval.
• Develop independent credit views and identify key risks and mitigants.
• Coordinate with Sales, Credit Risk, Legal and Derivatives Documentation teams to support timely decisions.
• Contribute to underwriting memoranda with clear, well-reasoned recommendations.

Skills

High jurisdiction decision-making

Independent credit judgment

Corporate finance understanding

Derivative products knowledge

Risk management understanding

Communicating under time pressure

Process design interest

Education

Undergraduate degree in Economics/Finance/Accounting

Job description

Job Summary & Responsibilities

The Corporate Derivatives Underwriting (CDU) team serves as the central underwriting and risk function for interest rate, foreign exchange, and credit derivative transactions executed by corporate, financial sponsor, government, and financial institution clients of the Investment Banking division.CDU is responsible for developing independent credit views on derivative exposure, assessing transaction structure and legal documentation, and coordinating closely with Sales, Credit Risk Management, and Legal and Derivatives Documentation teams to support timely, well‑reasoned credit approval decisions. Client activity spans strategic transactions such as M&A and financings, as well as ongoing risk management programs.

Primary Responsibilities

The Associate will act as a primary underwriter on a broad range of transactions, taking ownership of the underwriting process from initial engagement through credit approval. This includes developing independent credit views, identifying key risks and mitigants, coordinating cross‑functionally with Sales, Credit Risk, Legal and Derivative Documentation teams, and exercising sound judgment in fast‑moving and complex situations.

Associates are expected to go beyond summarization, applying rigorous analytical judgment to assess credit quality, challenge assumptions where appropriate, and articulate clear, well‑reasoned recommendations in underwriting memoranda.

Associates should develop and maintain a strong knowledge of derivative products, exposure profiles, and legal documentation (including ISDA Master Agreements, schedules, CSAs, Guarantees, and Credit Agreements), and understand how documentation terms affect credit outcomes and risk.

Associates are expected to contribute to the continuous improvement of underwriting processes, templates, and training materials, support onboarding and development of junior team members, and act as a trusted point of contact for internal stakeholders across regions and products.

Expected Skills & Qualifications

• High‑judgment, high‑ownership role at the intersection of markets, credit, and legal risk, with responsibility and influence on outcomes.
• Demonstrated ability to exercise independent judgment in credit or risk‑related roles
• Strong understanding of corporate finance
• Strong understanding of derivative products and/or financial risk management
• Comfort engaging with legal and documentation concepts
• Ability to manage senior stakeholders and communicate clearly under time pressure
• Interest in process design, problem‑solving, and platform building, not just deal execution

Preferred Skills & Qualifications

• Undergraduate Degree in Economics / Finance / Accounting related discipline
• 2-3+ yearsfinancial services experience; prior corporate finance or derivative experience preferred
• SIE, FINRA 63 and FINRA 79 qualified
• Keen interest in the financial markets
• Demonstrated technical proficiency: experience analyzing data and summarizing results to produce succinct high-impact presentations
• Team player
• Excellent communication skills
• Accurate and detail-oriented