Syndicate Trainee (One Year Contract)

Vacancy details

General information

Entity

About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)

Crédit Agricole CIB is the corporate and investment banking arm of Credit Agricole Group, the 12th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2021). Nearly 8,600 employees across Europe, the Americas, Asia-Pacific, the Middle East and Africa support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.


For more information, please visit www.ca-cib.com

Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/
  

Reference

2021-60357  

Update date

15/09/2021

Job description

Business type

Types of Jobs - Corporate & Investment Banking

Job title

Syndicate Trainee (One Year Contract)

Contract type

Internship/Trainee

Job summary

Department: Global Markets Division
Team: Asian Syndicate

Start Date: Beginning of February 2022 (candidates should have completed their graduation requirement before January 2022 and be ready to start working in February)

Summary

Responsible for supporting the execution of new issue bond transactions (public benchmark and private placements) and hedging transactions if required within authorised trading limits on the Flow Trading Primary desk / PMEM, i.e. the risk parameters and designated currency and product limits.  In order to maximise revenues within pre-established limits and objectives.

Trades are predominantly in USD, Euro and CNY but could be denominated in any authorised currencies if necessary. In addition the Syndicate manager will be expected to trade our other books in support if required. Products will include all types of bonds.

Liaising with the CACIB sales, DCM and Coverage network to provide CACIB global customer base with a superior service and expertise for pricing, risk manage and placement strategy of Asian benchmark transactions

Within the parameters of the overall business strategy of CA-CIB and other agreed policies, the candidate is empowered to implement the strategy and business plans within the business line, as decided by the Global co-Head of MTNs & Private Placements and Head of Asian Syndicate


Key Responsibilities

· Assist the business activity of the Flow Trading Primary desk / PMEM

· Support the pricing and execution of new issues transactions (public benchmark and private placement) in accordance with established risk management procedures and risk parameters, and ensure best service to our issuers and investor base

· Assist in liaising with the CACIB Sales and DCM Network, to provide the whole customer base with expertise for originating, distributing, pricing, and risk management solutions

· Be aware of all economic and financial data likely to affect the market and keep updated on market changes.

· Develop the flow activity (short dated, CDs, CPs, …)

· Keep abreast of the markets by reading the financial press and available economic research.

· Input all executed trades directly into the Front Office Systems in a timely manner and look after the good running of the day to day operations of the desk

· Produce daily & weekly newsletters as well as required reporting and analytics

·Assist in booking of transactions


Personal data provided by job applicants will be used strictly in accordance with the employer's personal data policies, a copy of which will be provided immediately upon request.

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Position location

Geographical area

Asia, Hong Kong

City

HONG KONG

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

• Bachelor Degree or Master's Degree in Finance

Level of minimal experience

0-2 years

Experience

• Internship Experience in financial products related primary trading with a strong focus on primary market dynamic preferred

Required skills

• Team oriented.
• Excellent communication skills
• Ability to remain calm under pressure.

Technical skills required

• Knowledge of bond and financial derivatives including secondary market liquidity
• IT and eBusiness literate.

Languages

• Fluent in English and Mandarin