Associate, Illiquid Credit Trading

  • London, England, United Kingdom
  • Competitive
  • Full time
  • Permanent, Full time
  • VTB Capital
  • 22 Feb 18

The Illiquid Credit Trading desk is part of Global Markets and works closely with Sales/Origination and Structuring teams on structured lending transactions. As the primary ‘risk-owner’, the Illiquid Credit Trading desk has ultimate P&L responsibility and is involved in every stage of a transaction - origination, structuring, negotiation, execution, distribution and trading.

The Illiquid Credit Trading desk specialises in complex and highly structured transactions in a diverse set of industries across capital structure from senior to mezzanine and hybrid capital. Examples include share backed and equity linked financings, structured loans with embedded equity, commodity and FX derivatives, and asset backed financings. Geographically, the desk focuses on corporate and sovereign opportunities primarily in Europe, Middle East and Africa. 

Illiquid Credit Trading team takes proprietary positions in deals it originates and manages a sizable credit portfolio.

Responsibilities:

  • Assist senior members of the team in pre-screening new opportunities
  • Prepare, review, edit and refine financial models and valuation analyses
  • Conduct company and industry analyses and support due diligence processes
  • Prepare marketing materials and teasers, as well as internal memos
  • Actively participate in executing transactions, with increasing levels of responsibility and accountability over time
  • Participate in internal credit and other approval processes; liaise with Credit Risk Management and support services
  • Monitor risk positions taken on the books
  • Monitor daily/weekly P&L, liaise with Finance/Accounting and produce summary P&L reports

Required Skills and Qualifications:

  • Bachelor’s degree from a top-tier European or US institution, strong academic qualifications
  • Fluency in Russian
  • Experience in investment banking and/or advisory
  • Demonstrable experience in financial modelling, corporate finance and financial analysis
  • Strong written and verbal communication skills
  • High level of attention to detail
  • Ability to manage multiple projects simultaneously while maintaining a high standard of work
  • Commercial acumen
  • High degree of intellectual curiosity

Additional/Desired Skills and Qualifications:

  • Leveraged finance, credit trading or credit analysis experience
  • Commodities, project finance or asset backed financing experience
  • CFA or other financial industry certification
  • Fluency in other languages including Portuguese, Turkish, French or Spanish

CLOSING DATE FOR APPLICATIONS: 12 MARCH 2018