Director/Managing Director, Convertible Sales Trader Position Available In New York, New York

Director/Managing Director, Convertible Sales Trader
Citizens Financial Group, Inc.
New York, New York Citizens is seeking a dynamic and experienced Convertible Sales Trader to lead our convertible bond trading desk in New York. This individual will be responsible for managing client relationships, executing trades, and driving strategic growth in the bank’s convertible securities business. The ideal candidate will have deep product knowledge, strong institutional relationships, and a proven track record in sales trading. Primary responsibilities include Lead the convertible bond sales trading desk, overseeing execution and client coverage.
Provide liquidity and market insight to institutional clients across both arbitrage and long-only convertible investors. Develop and maintain strong relationships with buy-side clients and internal stakeholders.
Collaborate with capital markets, equity research, equity trading, and high-yield trading teams to deliver comprehensive market solutions.
Monitor market trends, pricing, and risk to optimize trade execution and profitability.
Ensure compliance with regulatory requirements and internal risk controls. Qualifications, Education, Certifications and/or Other Professional Credentials 10+ years of experience in convertible bond sales trading or a related field.
Deep understanding of convertible securities, capital structure arbitrage, and equity derivatives.
Strong client network and ability to generate revenue through relationship-driven trading.
Excellent communication, negotiation, and leadership skills.
Strong analytical skills with a good understanding of financial markets
Ability to understand complex market structures and electronic trading
Ability to perform in a dynamic trading environment
Proficient in Microsoft Word, Excel and PowerPoint
Excellent communication and organizational skills
Bachelor’s degree in finance or related field, or equivalent experience.
Series 7, 63, 24 and 55 licenses (or equivalent) required Hours & Work Schedule Hours per

Week:

40 +

Work Schedule:

Monday to Friday Pay Transparency The salary range for this position is $250,000 to $300,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the work location, and relevant skills and experience. ​ We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of very local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits. Agility
Business Development
Capital Markets
Client Management
Critical Thinking
Cross-Functional Collaboration
Customer Alignment
Customer Intelligence
Customer-Centricity
Digital Strategy
Empowering Others
Financial Market Analysis
Financial Risk Management
Industry Insight
Innovation
Investment Management
Negotiating
Net Revenue Management (NRM)
Sales and Trading
Valuing Diversity and Inclusion​