Job Description:
Job Title: Liquid Asset Finance Trader
Corporate Title: Director
Location: New York, NY
Overview
The Credit Solutions business sits within Global Financing and Credit Trading (GFCT). The business has a broad mandate covering trading and underwriting of complex / illiquid credit risk, originating and risk managing of loans against a range of esoteric assets, providing financing to clients via structured repos, Participating in Insurance financing and providing investors yield enhancement opportunities via the illiquid flows/structured products it originates or trades. As a Liquid Asset Finance Trader, you will sit within the Liquid Asset Finance (LAF) desk. LAF Trading's mandate is twofold: (i) to provide financing solutions and yield optimization strategies to the Deutsche Bank's clients, and (ii) to source and provide internal funding
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
• Sourcing funding for the bank via upgrades and repos on both liquid and illiquid bonds and loans
• Deploying funding through downgrades, TRS and reverse repos on illiquid assets
• Optimizing the collateral/funding mix of Liquid Asset Financing to maximize PNL and reduce cost of funds
• Working closely with the salesforce (ICG) to distribute risk and promote the franchise with clients
• Risk managing positions
• Identifying new trading & financing opportunities Skills You'll Need
• Knowledge of a Repo trading business and the sourcing & deployment of funding
• Detailed knowledge of credit, credit liquidity, credit pricing
• Experience of working within a Fixed Income market-making business Skills That Will Help You Excel
• A detail orientated nature, with a consistent desire for self-education and development 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 renumeration.
Deutsche Bank Values & Diversity
We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.
Learn more about your life at DB through the eyes of our current employees: https://careers.db.com/life
The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice please email HR.Direct@DB.com .
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 authenti-cally 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. Click here to learn more!
Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision
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LI-REMOTE
LI-ONSITE
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision .
