Posted in

High Yield Desk Analyst

High Yield Desk Analyst

CompanyRaymond James Financial
LocationNew York, NY, USA
Salary$130000 – $200000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, Expert or higher

Requirements

  • Bachelor’s: Economics (Required)
  • Bachelor’s: Finance (Required)
  • General Experience – 10 to 15 years
  • Securities Industry Essentials Exam (SIE) – Financial Industry Regulatory Authority (FINRA)
  • Series 63_AG – Agent – Financial Industry Regulatory Authority (FINRA)
  • Series 7_GS – Gen Sec Rep – Financial Industry Regulatory Authority (FINRA)

Responsibilities

  • Collaboration with traders on balance sheet management, providing guidance for decision making.
  • Collaboration with sales personnel to provide relevant insight on topical situations in real-time fashion.
  • Ability to analyze trading opportunities at all levels of the capital structure (both long and short) and contribute ideas across the entire SumRidge desk.
  • The candidate will develop pre-existing or new relationships with client decision makers with the goal of driving business.
  • Stay current on market developments, credit ratings and regulatory changes as it pertains to high yield securities.
  • Work with the data team to help generate reports to assist traders and sales personnel on trends and trade ideas.
  • Identify distressed debt opportunities and provide necessary restructuring and recovery analysis.
  • Analyze time-sensitive information in real-time and its impact on securities within the high yield universe.

Preferred Qualifications

  • Experience with VBA, Python, statistical modelling, or other programming a plus but not required