HRB
Our client is a portfolio management team specializing in the systematic trading of US credit markets, looking for a highly talented Execution Trader. This is an opportunity for someone to source (electronic and voice) liquidity in the credit markets, pilot automated trading systems, and take a central role on the front lines of the team’s investment process.
Responsibilities:
- Work with the Portfolio Manager on electronic and non-electronic execution of all credit trades.
- Maintain strong relationships with a broad set of liquidity providers.
- Proactively monitor and assess portfolio risk exposures, in collaboration with the portfolio manager.
- Track realized transaction costs and analyze execution quality stats.
- Contribute to the internal development and external sourcing of execution algorithms.
- Be responsible for position maintenance (e.g., CDS rolls) and be the point person working with the back office for corporate actions.
- Contribute to the continuous improvement of the investment process, in collaboration with the rest of the team.
Requirements:
- 3+ years of work experience as a credit trader in single-name CDS and/or corporate bonds.
- Experience with OMS/EMS platforms such as MarketAxess and TradeWeb.
- Experience with credit ETFs, interest rate derivatives, or equity options markets is a plus.
- Exposure to quantitative/systematic strategies is a plus.
- Some programming skills are a plus (e.g., SQL, Python, Excel VBA) and a strong self-learner.
- Tenacious, detail-oriented, organized, and proactive about potential operational risks.
- Keen intuition for markets and a passion for studying them. Team player, driven, and collaborative.