Equities Derivative Trader- Associate

at  Truist Bank

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PLEASE REVIEW THE FOLLOWING JOB DESCRIPTION:

Provide timely, accurate, and competitive markets on demand to the CIG and CCB bank clients. Manage ALL associated risk of the derivatives books (including, but not limited to, market risk, regulatory risk, reputational risk, etc.) in accordance with all risk limits. Inclusive of equity, rates, foreign exchange and commodities asset classes.

REQUIRED QUALIFICATIONS:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. BA/BS degree
2. Licenses: Series 7 & 63
3. 4 years of work related experience in trading, market making, and risk management (depending on level)
4. Knowledge of industry, market, and products
5. Proven track record in revenue generation and entrepreneurial nature
6. Advanced analytical and technical skills combined with a problem solving attitude
7. Excellent interpersonal style, good listening skills and the ability to communicate highly complex ideas clearly and concisely
8. Strong partnering and leadership skills in a complex, matrixed environment

PREFERRED QUALIFICATIONS:

1. MBA degree, with a Finance focus
2. Computer coding/programing experience
   General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Work with clients of CIB to understand financial risk management hedging needs and requirements
2. Provide timely/accurate pricing
3. Provide market color
4. Hedge all risks associated with the derivative transactions
5. Conform to and develop risk management framework
6. Work closely will all support partners

LEVEL-SPECIFIC DUTIES

1. High attention to detail
2. Working with Analysts, provide timely, accurate, competitive pricing at a moment’s notice. Immediately after trade execution, support the traders need to complete effective hedges that mitigate market risk, compliant with all regulations
3. Support the day-to-day needs of the Derivatives business
4. Understands clients hedging requirements and supports the trading desk in execution