FI Analyst, Credit Trading

£145,456 - £181,820 + benefits
22 May 2023
03 Jun 2023
Full Time
End date

Saturday 03 June 2023

Salary range

£145,456 - £181,820

We support agile working

Click here for more information on agile working options.

Agile Working Options

Hybrid Working

Job description

The Credit Trading team is part of Capital Markets within Lloyds Bank Corporate Markets (LBCM). The Credit Trading business in based in London and New York and works closely with the Credit Sales teams in these markets plus Frankfurt. Credit Trading is looking to add a Financial Sector Credit Strategistto its London Trading Desk. The Desk has a mandate to provide Corporate and Institutional banking clients access to a range of Corporate Credit products across a broad maturity spectrum. The role will support the growth of the business in line with the Capital Markets strategy and manage risk in a coordinated manner.

About the role:

The Financials Sector Credit Strategist assists Lloyds Bank Credit Markets with the provision of micro credit analysis and credit intelligence. The role will operate within the market facing Credit Trading & Sales team, which facilitates Corporate and Institutional Banking client access to a range of multi-currency credit products, across a broad maturity spectrum.

This new role will support the growth of the Financials Sector corporate bond business in line with LBCM strategy. You'll...
  • Provide Credit Intelligence to traders / DCM and contribute towards early morning trading floor calls and, when relevant, to an internal audience with direct interest in Financials sector credit.
  • Provision of Investment Recommendations, inventory ideas and optimum hedging/trading strategies, all within a MAR and MIFID II compliant environment for a desk strategist role.
  • Occasional European client roadshows to discuss credit market dynamics and gather client feedback.
  • Where appropriate, drive and coordinate prioritisation of deliverables in support of agreed business objectives and project plans.

Experience you'll have:
  • Proven track record of in-depth Financials sector credit analysis in a Credit Research, Trading Desk Strategist or a similar role.
  • Offer a consistent, intelligent viewpoint on credit risk assessment and relative value analysis for secondary and primary Financials sector corporate bonds, based on expected changes to credit fundamentals, anomalous pricing, structural arbitrage or macro themes.
  • Very strong analytical skills, including financial modelling experience, capital resolution regimes, financial and non financial trends, M&A situations, and companies operating under stress. Demonstrable understanding of market dynamics and credit rating methodologies.
  • The ability to quickly see the risks/rewards inherent within a deal structure or market environment and assess relative/absolute value opportunities across the capital structure.
  • Highly numerate with strong organisational, written and verbal communication competence. Entrepreneurial and flexible in approach. Demonstrates passion, enthusiasm and a ‘can do’ attitude. Customer and results focused.
  • Knowledge of key relevant legal, regulatory and statutory requirements, documentation interpretation and ability to provide advice to the desk on these aspects.
  • Experience in supporting client franchise including our institutional client segments. Comprehensive knowledge and wide practical experience of relevant Fixed Income products and services.
  • Review and analyse key external trends and influences to ensure that a wide range of information is used to support the development of the business.
  • Awareness and proactive approach to control and conduct agenda.
  • Understanding of the wider financial services industry, regulatory changes and pertinent economic and political factors which may impact on the Group’s business and overall aims.
  • Ability to effectively manage stakeholders, build and maintain networks.

We're committed to building a workforce which reflects the diversity of the customers and communities we serve, and to building an inclusive environment where all our colleagues can be themselves and succeed on merit. We support the principles of agile working and are happy to consider flexible working arrangements. We're an equal opportunity employer and deeply value diversity within our organisation.

Together we make it possible.

Our continued commitment to helping Britain recover means that as a colleague you can make a difference to customers, businesses and communities. Together we have a key role to play in shaping the bank of the future, whilst the scale and reach of our Group means you'll continue to have opportunities to learn, grow and develop.

We'll ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.