Associate/VP on the US Debt Syndicate Desk

Summary: Associate on the US Debt Syndicate Desk

This position is part of the Global Bond Debt Syndicate team for GMD located in New York. This desk works in conjunction with Debt Capital Markets to originate and execute new issue bond transaction for Credit Agricole’s Corporate and Financial Institution clients in the US Dollar market. Within the Capital Market Funding (CMF) department, the Bond Syndicate team is responsible for pricing and selling all types of new bond issues across IG, ABS and USPPs. The role will work across all aspects of deal execution.

Key Responsibilities

• Work directly with Head of Syndicate, Americas to originate and execute new bond issuance
• Prepare regular pricing updates by analysing and compiling market comparables
• Prepare internal and external marketing materials and updates
• Manage book building process via e-book/ IssueNet/Directbooks for transactions
• Ensure all transactions are recorded accurately in the risk system and timely reconcile all discrepancies
• Produce validated market risk reports and P&L statements on a daily basis
• Work with the Back- and Middle Office department to settle various transactions
• Back-up on live deals across the desk’s activities when the lead syndicate manager is unavailable

Management and Reporting

• Reports to Head of Syndicate, Americas
• Attend regular meetings with Syndicate and Debt Capital Markets (and Securitization) teams to review market strategy, current market trends, exchange trade ideas and receive updates on administrative matters.
• In conjunction with management, establish overall risk parameters
• Ensure adherence with regard to position and risk limits
• Adhere to given risk limits at all times
• Manage and hedge primary positions as instructed by Head of Syndicate on an intra- and inter-day basis

Requirements

• Excellent oral and written communication skills
• Ambitious and self-motivated
• Organizational skills and multitasking are important since the candidate will need to work on medium term projects in parallel to day-to-day tasks
• Strong Excel, PowerPoint and Word skills
• Autonomy and confidence will be necessary as the candidate will need to interact with various departments of the bankBachelor’s degree from a highly accredited institution in related field
• Previous experience from a syndicate role is preferred

Key Internal Contacts

• Chief Operating Office (Local and Global Business Manager)
• Team members – Global Syndicate and Debt Capital Markets
• Market Activity Monitoring (MAM) / Market Risk – provision of daily P&L and risk reports
• Back Office / Middle Office

Systems Used

• Internal – MS Office, Intranet, MurexExternal
• Bloomberg

Legal and Regulatory Responsibilities

• Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to the Americas compliance Manual and Compliance policies and procedures as issued from time to time; Financial Security requirements, including, but not limited to, the prevention of Financial Crime and Fraud including reporting obligations to the Money Laundering Reporting Officer.