At a Glance
- Tasks: Lead the structuring of innovative credit solutions and manage medium-sized projects.
- Company: Join a top European Corporate & Investment Bank based in London.
- Benefits: Enjoy a competitive package and opportunities for professional development.
- Why this job: Be part of a dynamic team, driving impactful financial solutions across Europe and the Americas.
- Qualifications: 7+ years in trading or structuring fixed income products; degree in a quantitative field required.
- Other info: Travel to meet clients and collaborate with various teams to enhance business growth.
The predicted salary is between 72000 - 108000 £ per year.
Job Description
About Our Client
Our client is a leading European Corporate & Investment Bank.
Job Description
Exciting opportunity for a Director Structured Products with a European Corporate & Investment Bank in London.
Main Purpose of this role
- Structuring credit solutions for clients of the bank, involving discussions with clients, idea generation, documentation negotiation, and client presentation.
- Co-ordinate medium-sized projects including NPPs, identifying resource requirements, monitoring performance against objectives, and acting to ensure targets are met and products are approved.
- Work on and devise new and innovative structures, demonstrating technical knowledge and commercial judgement.
- Develop and define processes, systems, and procedures ensuring standards and requirements are met and improving efficiency.
- Implement medium-term business plans for own area of expertise and responsibility, including plans on income growth and geographical reach, taking into consideration regulatory landscape.
- Initiate actions to further improve skills and performance, continuously looking for opportunities for own professional development.
- Work closely with Sales colleagues to generate new trade leads and structures.
- Ensure that trades and structures are efficient from a tax and regulatory perspective, with ongoing monitoring of changes in rules and regulations.
- Presentation to senior management, including attending management or risk committees to present trades and seek approval.
- Work closely with Legal and Operations colleagues to ensure trades are structured in a legally efficient manner and trades can be handled operationally by the bank.
Additional Responsibilities
- Focus on Europe and Americas franchise including deriving further business from the Corporate Clients and Financial Institutions segments. Involves travel to meet clients and building internal network to promote the business.
- Origination & structuring of credit derivative transactions, structured repo products, collateral lending, collateral swaps, and illiquid assets (syndicated and bilateral loans) and the related hedging instruments.
- Responsible for building pipeline of business and execution of that pipeline, working together with colleagues where required.
- Responsibility for internal approvals process for own transactions.
- Understanding of modelling, quantitative aspects, and XVA of credit derivatives, FX, and interest rate products.
- Detailed understanding of Loan (LMA/LSTA/Bilateral), Credit Derivatives (ISDA), Repo (GMRA), and collateral lending (GMLSA) documentation and ability to negotiate with clients, internal legal department, and external counsel.
The Successful Applicant
Key Requirements
- Minimum of 7 years' experience working in trading or structuring of fixed income structured products.
- Educated to minimum of degree level in quantitative subject (Mathematics, Engineering, Physical Sciences, Quantitative Finance etc.), 2:1 level or above plus higher level formal qualification in a quantitative subject (Masters, PhD, or professional qualification).
- Should include experience in the structuring or trading of structured credit derivatives and in addition either structured repo or illiquid assets (and ideally both).
- Track record in delivering solutions and generating significant revenue on structured credit derivative, structured repo, and illiquid asset transactions.
- Team player with collaborative working ethos and strong moral integrity.
- As an FCA certified person you must maintain all necessary licences, certificates, and qualifications required to perform your role.
What's on Offer
The package will be competitive.
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Director Structured Products employer: Page Executive
Contact Detail:
Page Executive Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director Structured Products
✨Tip Number 1
Make sure to leverage your network within the finance industry. Reach out to former colleagues or connections who may have insights into the structured products space, especially in corporate and investment banking. Personal referrals can significantly boost your chances of landing an interview.
✨Tip Number 2
Stay updated on the latest trends and regulatory changes in structured products and credit derivatives. This knowledge will not only help you in interviews but also demonstrate your commitment to the field and your ability to adapt to evolving market conditions.
✨Tip Number 3
Prepare to discuss specific projects you've worked on that involved structuring credit solutions. Be ready to explain your thought process, the challenges you faced, and how you overcame them. This will showcase your technical knowledge and commercial judgment.
✨Tip Number 4
Familiarize yourself with the key documentation related to structured products, such as ISDA and GMRA agreements. Being able to speak confidently about these documents during your discussions will set you apart as a knowledgeable candidate.
We think you need these skills to ace Director Structured Products
Some tips for your application 🫡
Understand the Role: Make sure you fully understand the responsibilities and requirements of the Director Structured Products position. Tailor your application to highlight your relevant experience in structuring credit solutions and managing projects.
Highlight Relevant Experience: In your CV and cover letter, emphasize your minimum of 7 years' experience in trading or structuring fixed income structured products. Provide specific examples of how you've successfully delivered solutions and generated revenue in similar roles.
Showcase Technical Knowledge: Demonstrate your technical knowledge and commercial judgment in your application. Discuss your understanding of credit derivatives, structured repo products, and the regulatory landscape, as well as any relevant qualifications you hold.
Prepare for Presentation: Since the role involves presenting to senior management, prepare a brief outline of how you would approach such presentations. Include your strategies for communicating complex information clearly and effectively to stakeholders.
How to prepare for a job interview at Page Executive
✨Showcase Your Technical Knowledge
Be prepared to discuss your understanding of structured products, credit derivatives, and the relevant documentation. Highlight specific examples from your past experience where you successfully structured deals or navigated complex regulatory environments.
✨Demonstrate Your Project Management Skills
Since the role involves coordinating medium-sized projects, be ready to share instances where you've managed similar projects. Discuss how you identified resource requirements, monitored performance, and ensured targets were met.
✨Highlight Your Collaborative Approach
This position requires working closely with Sales, Legal, and Operations teams. Prepare to talk about how you've effectively collaborated with different departments in the past to achieve common goals and drive business success.
✨Prepare for Senior Management Presentations
You'll need to present trades and seek approvals from senior management. Practice articulating your ideas clearly and confidently, and be ready to answer questions about your proposals and their implications for the bank.