Credit Trader

Dedicated Corporate Credit manage seeks execution trader to work alongside the portfolio manager in positioning trades using Bonds, Loans, CDS and Options (for hedging).  This individual will play a pivotal role in the construction of the book and participate directly in its success.

Responsibilities:

  • Primary execution responsibilities for dedicated credit book
  • Trading bonds, loans, CDS (and to a lesser extent converts & options for hedging)
  • Provide trading color on market movers, technicals, etc.
  • Understand equity/credit relationships to identify and explain dislocations
  • Monitor market for actionable situations
  • Manage sell-side capital markets relationships
  • Active collaboration on risk management – factor exposures, and optimal ways to hedge risks
  • Sourcing ideas (buy-side network, sell-side, etc.)

Requirements:

  • 2-3 years of credit trading experience at a top tier investment bank, hedge fund or credit manager
  • Ability to source and evaluate short-term trading and longer term investment opportunities
  • Strong trade execution skills and existing sell-side relationships within the corporate credit space
  • Strong quantitative skills and understanding of fixed income credit securities, derivatives, portfolio construction and portfolio management