Friday, February 27, 2009

Trader/Analyst Financial Institutions-Markets Group

Apply for Job

Job Title: Trader/Analyst(Sr A) Financial Institutions-Markets Group

Group: Markets Group

Location: HO - New York, NY (Head Office)

Job Status: Full-Time

Area Overview:

Trader Analyst - Financial Institution Structures and Conditions
Domestic Capital Markets (DCM), within the Markets Group is seeking a senior Trader/analyst to provide specialty market coverage in the area of corporate credit. DCM is responsible for monitoring non-Treasury and non-FX markets for the purpose of informing policy makers on matters related to monetary policy and financial stability. These markets include equities, credit, commodities, mortgages, swaps and agencies.

Job Responsibilities:

The candidate would be expected to develop a macro approach towards analyzing corporate credit with a focus on those high-grade and high-yield sectors that have implications for monetary policy and financial stability. This will entail tracking credit spread movements in both cash and derivatives markets and understanding how they are impacted by changes in the macro environment. This will also entail informing policy makers on what these markets say about the macro environment and market liquidity. A key element will also be to understand the market microstructure against which price movements take place and the conditions under which they could negatively impact market liquidity and financial stability. To this end, the candidate would be expected to develop extensive contacts with corporate credit market participants – both primary dealers and buy-side investors -- as well as to interface with other areas of the bank. The candidate would also contribute to the Group’s broader efforts to monitor financial markets globally for the FOMC and the Treasury, through desk rotations, daily written briefings and conference calls and market overview reports. The candidate will periodically contribute to policy focus groups and other internal policy teams.

# Perform financial analysis of banks, insurance companies, hedge funds and other capital providers with an emphasis of understanding balance sheet dynamics.
# Perform comprehensive analysis of financial institution structures, strategies, risk management practices,
# Develop policy responses to market functioning issues across domestic markets.
# Contribute insight into the desk’s daily products and in-depth briefings in coordination
# Identify and articulate emerging trends in capital flows in traditional and non-traditional suppliers of capital.
# Evaluation of bank reform efforts and impact of reforms on financial institutions
# Evaluate potential impact of an institution’s failure on asset market functioning.
# Serve as a resource for market analysis and policy development as it relates to capital supply.
# Serve as a central contact for bank strategies and treasurers for day to day desk analysis
# Act as a liaison to the Bank Supervision Group to leverage internal resources and data.
# Monitor key data on bank positions holdings

Position Requirements:

The ideal candidate would have the following qualifications:
# Master’s level degree in Business, Economics, Policy or a related area;
# At least two to three years of work experience in corporate credit trading or fundamental credit analysis;
# Strong quantitative skills and proven ability in working with and understanding credit market data including volumes, spreads, etc. ;
# Demonstrated analytical skills, including substantial knowledge of financial instruments, market structure, macroeconomic theory, and monetary policy;
# Ability to analyze complex market issues, make decisions quickly, and respond under pressure;
# Strong written and verbal communication skills; ability to extract larger themes while providing concise, articulate, and insightful analysis in both written and verbal form;
# Ability to work productively on a high-performance team and as an independent analyst.

This position requires access to FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so.

Find the latest Trading Jobs

No comments:

click me