Analyst - Credit Trading Desk

Credit Trading desk is responsible for executing Trades, producing business critical MIS reports, Pricing models, analyzing companies and suggesting ideas to the trading desk and performing adhoc customized analysis.

The role requires sound understanding of Credit Markets, eye for detail and an ability to liaise with the trading desks to ensure the timely and accurate delivery of tasks/projects performed. Over the past year the team has created its own niche brand within the business and the person joining this team has got a great ask to drive this brand further.

The role holder will interact with regional traders/analysts to understand the key areas of business, the PnL drivers, the risks involved and work closely to build solutions/ models/ reports that can help in making the business more efficient from cost/ revenue perspective.

Main duties & responsibilities

Candidate will :

- Be required to have a good understanding of the Credit business (Distressed/HG/HY).

- Have to be pro-active in owning the existing daily tasks like generation of various reports which include traders risk, P&L, Volume Reports, Balance Sheet etc. The candidate will have to have a good understanding of the Credit Business so that he can report any discrepancy in the data to the desk. He will have to work with the desk to resolve the discrepancy in the reports and suggest ideas to improve them. The candidate will be required to analyze the data and present them in a concise manner. The candidate should be able to understand the current reports and suggest improvements in them.

- Take initiative to develop new reports and come up with trade Ideas to support the Trading Desk with an aim to increase book PnL. A good understanding of Credit will be important as the candidate will have to come up with new ideas on a continuous basis. The candidate will have to go analyze bonds and cds and suggest switch trades to the desk that would help the desk in generating more revenues for the desk

- Take initiative to work on projects that would help in proposing trading ideas with an aim to increase PnL for the desk.

- Work closely with Technology to stream line the processes. Candidate will be required to come up with their own suggestions to improve the processes

- Be required to work closely with the Credit Trading Desk in New York. The person will have to communicate with the team on a regular basis as they would be required to come up with ideas and suggest to the Senior Traders in the Region.s

Risk and Control objective:

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Bank's Operational Risk Framework and internal Bank's Policies and Standards

Person Specifications:

The role holder will:

- Graduate or MBA (IT) from good business school

- Excellent verbal and written communication skills, able to clearly articulate complicated issues to management and other impacted areas and ensure timely resolution of issues and breaches.

- Highly analytical and numerate with exceptional problem solving abilities

- Excel, MS Office skills

- Comprehensive knowledge of Credit Products

- Well organised with good time management skills and the ability to meet tight deadlines and prioritise tasks.

- Able to work effectively as part of a large team.

- Able to multi-task and prioritise accordingly in a highly pressurised environment.

- Willing to take on responsibility.

- Confident in dealing with groups outside of immediate team (Sales, Trading, Product Control, Credit, Legal).

- Ability to build, maintain and enhance relationships at all levels including interacting effectively with other key areas within the bank e.g. IT, MO, FO, Ops Control.

- Detailed and meticulous, consistently delivering a high level of accuracy and attention to detail with high quality output.