Job Description & Program Overview
Global Markets delivers a wide range of securities products and services, powerful sales and trading capabilities and deep risk management expertise across asset classes. Closely aligned with Global Corporate & Investment Banking's client-managed groups, Global Markets product specialists anticipate and meet the needs of more than 3,000 institutional investors and 7,000 issuer clients.
Leveraging our local relationships and broad global capabilities, we provide our clients with creative and innovative ideas and market insights, trading services, analytics and new products across a broad spectrum of asset classes. These range from interest rate and credit products, foreign exchange, real estate and commodities to cash equities and equity-linked products - all with the goal of enabling our clients to maximise their performance.
The successful candidate will join the Structuring team focused on Index and Systematic Strategies:
to work with senior structuring and sales colleagues on the development of new products for clients (including investment products, hedging overlays and quantitative investment strategies) including traditional and alternative Risk Premia / smart beta solutions in Rates, FX and Credit.
to support the team with all aspects of the preparation and execution of transactions, including the brainstorming, preparation of marketing material, trade documentation, as well as the coordination of internal approval processes.
As an off cycle analyst within the EMEA FICC Solutions and Structuring Team your key tasks and responsibilities may include but are not limited to;
Support senior structuring colleagues in the development and launch of new investible indices or portfolios of indices on the Risk Premia and Asset side. The main tasks will include:
Research, backtest and maintain systematic trading strategies applied to a variety of asset classes (Rates, FX and Credit)
Origination, development and execution of systematic investment solutions e.g. Structured transactions on Investible Indices products, hedging overlays
Implementation of new indices in line with the internal governance procedures including full historical analysis, risk analysis, index rulebook documentation, marketing material, approval process involving control functions (legal, compliance, risk), on-going monitoring of indices etc
Working closely with a range of internal teams involved in the Index business:
Sales: Development and analysis of investment solutions, Preparation of marketing materials and all relevant client analysis for engagement directly or indirectly with the clients
Quants and Technology: Implement of the indices in the Index Platform as per the Index Rulebook as well as the on-going monitoring of indices and resolution of issues (internally or with third party vendors) impacting the indices
Legal: Analyze and propose deal structures, draft term sheets, rulebooks and participate in negotiating documents
Research: Analyze current market trends to help identify opportunities and target clients
Candidates are required to be pursuing a degree from an accredited college or university, and in their penultimate or final year of study. Candidates who have recently graduated (2018) will also be considered
MSc or PhD (or equivalent) level in a numerical discipline e.g. Statistics, Mathematics, Physics or Engineering amongst others
Strong programming (python preferred), analytical and data skills eg
Experience of modern Object-oriented programming languages (Python preferred), Competent with Excel, especially formula
Strong financial/quantitative analytical experience combined with financial modelling
Ability to clearly document quantitative models and evidence technical modeling choices
Strong command of Excel, PowerPoint and programming languages
Strong A-level grades and on track for a minimum 2:1 degree (or equivalent)
Fluency in English is essential, and a second European language may also be required for some roles. For some roles fluency in Russian, Arabic or Mandarin is essential to support the Global Banking and Markets business area and the activities of the division and managing international client relationships
You'll need to demonstrate drive, innovation and a genuine interest in the financial markets
Team-working, leadership and problem-solving skills, plus creativity are key qualities, as is the ability to work in a fast-paced environment, multi-task and interact with a variety of people
Demonstrates Accountability and Productivity
Displays analytical and problem-solving skills
Influences decisions and outcomes through effective communication and interpersonal skills
Promotes cooperation and commitment within a team environment to achieve goals and deliverables
Demonstrates integrity and ethics by earning other’s trust and respect through consistent honesty and professionalism in all interactions
Our Commitment to Conduct and Environmental, social and governance (ESG)
Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well.
Analyst Internship and Full time recruiting takes place on a rolling basis once applications open. Assessments often begin before the deadline, so it`s best to submit your application early.
We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.
As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.