Credit Structurer

Credit Structuring

About our client:

• Top Chinese securities firm

Location:

• Hong Kong

Responsibilities:

• Conduct in-depth analysis of credit markets, including corporate bonds, credit default swaps (CDS), credit indices, and other credit-related instruments.
• Monitor credit spreads, default trends, and macroeconomic factors affecting credit risk.
• Design and develop customized credit solutions for clients, such as credit-linked notes (CLNs), total return swaps (TRS) on credit assets, credit options, and portfolio credit derivatives.
• Structure credit solutions to meet client investment, hedging, or financing needs, optimizing for capital efficiency, risk-return profile, and regulatory constraints.
• Draft and promote internal NPA/DPA processes, standard operating procedures, and legal documentation.
• Collaborate with legal, risk, and operations teams to establish product trading, booking, and settlement workflows.
• Monitor market developments, regulatory changes, and client feedback; proactively propose product enhancements and new credit structuring ideas.
• Work closely with Sales & Trading teams to originate and execute credit transactions, enhance product competitiveness, and improve client engagement.
• Ensure all credit solutions comply with internal risk policies (credit risk, counterparty risk) and external regulatory requirements.

Pre-requisites:

• Master’s degree in Finance, Economics, Financial Engineering, Mathematics, or a related quantitative field.
• Minimum 7+ years of structuring experience, with a focus on credit products (credit derivatives, structured credit, corporate bonds, or CDS).
• Experience in credit solutions for institutional clients is strongly preferred.
• Deep understanding of credit asset characteristics, credit curve construction, default probability modeling, recovery rates, and correlation risk.
• Familiarity with credit pricing models (e.g., structural vs. reduced-form models) and risk metrics (DV01, CS01, jump-to-default).
• Hands‑on experience in credit‑linked notes (CLNs), credit‑default swaps (CDS), index tranches, total return swaps on credit baskets, and other structured credit products.
• Strong spirit of innovation and independent thinking, with the ability to propose novel credit product designs and solutions in a dynamic, complex market environment.
• Highly collaborative, able to influence cross‑functional teams (sales, trading, legal, risk, operations), and thrive in a fast‑paced trading environment.
• Fluency in Mandarin and English (written & spoken) is mandatory.