Trader, High Yield/Distressed Credit Investment Team
Core
Execute credit trades (high yield/stressed/distressed) with portfolio managers and manage liquidity provider relationships.
Role type
Senior credit trader (high yield/distressed)
Builds
Credit positions (bonds, CDS) for a discretionary macro fund
Domain
Fixed income / Distressed credit
Required skills
Credit trading execution, Liquidity provider management, Syndicate desk relations, Position maintenance (CDS rolls), Transaction cost analysis, OMS/EMS platforms (MarketAxess, TradeWeb), Order lifecycle management
Preferred skills
Market intuition, Problem solving, Proactive risk communication
Technologies
MarketAxess, TradeWeb
Responsibilities
Execute electronic and non-electronic credit trades, Maintain relationships with liquidity providers, Analyze new issues and liaise with syndicate desks, Manage position maintenance and corporate actions, Conduct transaction cost analysis and broker evaluation
Seniority
Mid-level, hands-on IC