IG Desk Analyst - Director

Deutsche Bank; New York (NY); Hybrid; USD 190,000 - 300,000; Full time

Benefits offered by this job

Hybrid working model

Competitive compensation with health &

retirement benefits

Job summary

Deutsche Bank in New York is seeking an Investment Grade Credit Desk Analyst at Director level to analyze sectors and credits and generate profitable trading ideas for the desk and clients, collaborating with Trading, ICG, and Capital Markets.

You will maintain sector expertise, build client relationships, and work with traders to ensure sensible risk positions in trading books, within a hybrid in-office/remote model.

Qualifications

• 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.

Responsibilities

• Conduct deep fundamental credit analysis to identify profitable trading opportunities for the desk & our clients 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 & 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 our clients
• Partner with Capital Markets by providing market color around Deutsche Bank led new issues

Skills

IG/HY Credit market

Credit analysis

Financial modelling

Trading ideas

Client relationships

Risk management

Job description

Job Description:

Job Title IG Desk Analyst

Corporate Title Director

Location New York, NY

Overview

The Investment Grade Credit desk is part of Credit Flow Trading, sitting within the Global Financing & Credit Trading (GF&CT) business unit. The trading desk acts as a market maker in Investment Grade Bonds and derivatives to provide liquidity to our clients. You will hold the position of Investment Grade Credit Desk Analyst (Director level) and will be responsible for critically analyzing specific sectors/credits to generate profitable trading ideas for the Deutsche Bank trading desk & our clients. You will partner closely with Trading, the Institutional Client Group (ICG), and Capital Markets to assess opportunities within the market & enable effective risk positioning.

What We Offer You

• 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, and family building benefits

• Educational resources, matching gift and volunteer programs

What You'll Do

• Conduct deep fundamental credit analysis to identify profitable trading opportunities for the desk & our clients 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 & 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 our clients

• Partner with Capital Markets by providing market color around Deutsche Bank led new issues

Skills You'll Need

• 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

Expectations

It is the Bank's expectation that employees hired into this role will work in the New York office in accordance with the Bank's hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $190,000 to $300,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home.

Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life

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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.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

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. Click these links to view Deutsche Bank's Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.