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Deutsche Bank · 1 day ago

Flow Credit Trader - Director

New York, NY

Full-time

Hybrid

Lead/Staff

$200K/yr - $485K/yr

Deutsche Bank is a global banking and financial services company, and they are seeking a Flow Credit Trader at the Director level. In this role, you will provide liquidity in credit bonds and manage various risks associated with trading, while collaborating with sales and analytical teams.

BankingFinanceFinancial Services

Responsibilities

Make markets in hard currency emerging markets credit bonds over voice and electronic platforms like MarketAxess and Bloomberg and manage market, credit, interest rates, FX, basis, gap, and counter-party risk in the trading book

Monitoring all rate volatility markets and identifying trade ideas between different markets plus ability to develop hedging strategies

Market and cross illiquid securities between clients with or without warehousing risk (agency trading)

Work closely with sales to grow the franchise across corporate and financial institutions

Working with relevant analytical teams to develop new algorithms and liaising with various internal control functions to manage the trade through its life cycle; take ownership of traded products and ensure modelled correctly in systems

Qualification

Flow Credit tradingMarket makingCredit bonds expertiseRisk managementFluency in EnglishQuantitative skillsClient engagementCommunication skillsSelf-motivatedSelf-starter

Required

Proven experience in a Flow Credit trading and market making business, employed in regulated trading role, and worked with United States, European Economic Area, and United Kingdom clients

Deep expertise in credit bonds issued by High Yield rated issuers, deep knowledge of Credit Markets and knowledge of LatAm Emerging Markets, knowledge of credit default swaps

Strong track record of client engagement and established track record of market making on electronic platforms

Strong quantitative skills (preferably in econometrics) and product knowledge and an understanding and proficiency managing risk in trading books

Fluency in English mandatory, knowledge of other languages from the region desirable