At a Glance
- Tasks: Join our team to structure innovative credit solutions and manage exciting projects.
- Company: We're a leading corporate banking and capital markets organisation based in London.
- Benefits: Enjoy competitive pay, professional development opportunities, and a dynamic work environment.
- Why this job: Be part of a collaborative culture that values creativity and offers impactful work.
- Qualifications: Degree in a quantitative subject with experience in trading or structuring fixed income products.
- Other info: Travel opportunities to meet clients and build your professional network.
The predicted salary is between 48000 - 72000 £ per year.
A leading corporate banking and capital markets organisation is seeking a Structurer to join their team in London.
Main Purpose of the 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.
Key Activities and Key Competencies:
- 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.
Key Requirements:
- Sufficient 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 licenses, certificates, and qualifications required to perform your role.
Structurer employer: Levelup Talent Solutions Ltd
Contact Detail:
Levelup Talent Solutions Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Structurer
✨Tip Number 1
Network actively within the finance and banking sectors, especially focusing on corporate banking and capital markets. Attend industry events, webinars, and conferences to meet professionals who can provide insights or referrals for structurer roles.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in credit derivatives and structured products. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 3
Prepare to discuss specific projects or experiences where you've successfully structured financial products or solutions. Be ready to showcase your quantitative skills and how they contributed to successful outcomes in previous roles.
✨Tip Number 4
Engage with current employees at StudySmarter or similar organisations through platforms like LinkedIn. Ask them about their experiences and any tips they might have for someone looking to break into a structurer role.
We think you need these skills to ace Structurer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in trading or structuring fixed income structured products. Emphasise your educational background in quantitative subjects and any specific qualifications that align with the job requirements.
Craft a Compelling Cover Letter: In your cover letter, demonstrate your understanding of the role by discussing your experience with credit derivatives and structured repo products. Mention specific projects where you successfully generated revenue or delivered innovative solutions.
Showcase Technical Knowledge: When detailing your experience, include examples that showcase your technical knowledge and commercial judgement. Discuss any modelling or quantitative work you've done related to credit derivatives, FX, or interest rate products.
Highlight Collaborative Skills: Since the role requires working closely with Sales, Legal, and Operations teams, make sure to highlight your collaborative working ethos. Provide examples of how you've successfully worked in teams to achieve common goals.
How to prepare for a job interview at Levelup Talent Solutions Ltd
✨Showcase Your Technical Knowledge
Be prepared to discuss your understanding of credit derivatives, structured repo products, and collateral lending. Highlight any relevant experience you have in these areas, as well as your ability to negotiate documentation with clients and legal teams.
✨Demonstrate Problem-Solving Skills
Expect to be asked about how you've approached complex structuring challenges in the past. Use specific examples to illustrate your problem-solving abilities and how you've successfully delivered solutions that generated revenue.
✨Highlight Collaborative Experience
Since this role involves working closely with Sales, Legal, and Operations teams, be ready to discuss your experience in collaborative environments. Share examples of how you've worked with others to achieve common goals and drive business success.
✨Prepare for Client Interaction Scenarios
Given the client-facing nature of the role, practice how you would present ideas and solutions to clients. Be ready to discuss how you build relationships and generate new trade leads, as well as how you handle client feedback and negotiations.