Flow Credit Trader - Director

Deutsche Bank UK

New York, NY, United States
Base: $200k to $485k; bonus/equity: not specified;...
Hybrid
Flow credit trading and market making
United states dollar/euro denominated credit bonds
Market making on electronic platforms
Provide liquidity in United States Dollar/Euro denominated credit bonds to Deutsche Bank clients, ranging from financial institutions to corporates, and execute trades, capture trades, and sign off on Risk/Profit and Loss for trading books

Job Summary

  • Provide liquidity in United States Dollar/Euro denominated credit bonds to Deutsche Bank clients, ranging from financial institutions to corporates, and execute trades, capture trades, and sign off on Risk/Profit and Loss for trading books.
  • Make markets in hard currency emerging markets credit bonds over voice and electronic platforms, managing various market, credit, interest rates, FX, basis, gap, and counter-party risks.
  • Work closely with sales to grow the franchise, develop new algorithms with analytical teams, and liaise with internal control functions to manage trades through their lifecycle.

Matching Summary

Provide liquidity in United States Dollar/Euro denominated credit bonds to Deutsche Bank clients, ranging from financial institutions to corporates, and execute trades, capture trades, and sign off on Risk/Profit and Loss for trading books.

Salary

Base: $200K to $485K; Bonus/Equity: Not specified; Benefits: Health and wellbeing benefits, retirement savings plans, parental leave, family building benefits

Skills & Requirements

Must-have

  • Flow Credit trading and market making
  • United States Dollar/Euro denominated credit bonds
  • Market making on electronic platforms
  • Emerging Markets (EM) product suite
  • Manage market, credit, interest rates, FX risk

Nice-to-have

  • Excellent communication skills
  • Self-motivated and self-starter
  • Knowledge of other languages from the region

Key Requirements

  • Proven experience in regulated trading role
  • Worked with US, EEA, and UK clients
  • Deep expertise in High Yield credit bonds
  • Knowledge of LatAm Emerging Markets
  • Strong quantitative skills
  • Fluency in English mandatory

Work Rights

Not specified

Tailored Resume

Cover Letter