Flow Credit Trader - Director

Deutsche Bank AG, Tokyo Branch • New York, NY

265d • $200,000 - $485,000 • Remote

About The Position

The Global Emerging Markets business covers a comprehensive Emerging Markets (EM) product suite of Foreign Exchange (FX), Rate and Credit from vanilla to complex products. It also provides financing solutions spanning capital markets, loans, and asset-backed financing, from investment grade to distressed. In this role, you will be providing liquidity in United States Dollar/Euro denominated credit bonds to Deutsche Bank clients who range from financial institutions to corporates and execution, trade capture and Risk/Profit and Loss signoff for the trading books.

Requirements

• Proven experience in a Flow Credit trading and market making business.
• Experience in a regulated trading role, working 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.
• Understanding and proficiency in managing risk in trading books.
• Fluency in English mandatory; knowledge of other languages from the region desirable.

Nice To Haves

• Excellent communication skills, both written and spoken.
• Self-motivated and a self-starter.

Responsibilities

• Make markets in hard currency emerging markets credit bonds over voice and electronic platforms like MarketAxess and Bloomberg.
• Manage market, credit, interest rates, FX, basis, gap, and counter-party risk in the trading book.
• Monitor all rate volatility markets and identify trade ideas between different markets.
• 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.
• Collaborate with relevant analytical teams to develop new algorithms.
• Liaise with various internal control functions to manage the trade through its life cycle.
• Take ownership of traded products and ensure they are modelled correctly in systems.

Benefits

• A diverse and inclusive environment that embraces change, innovation, and collaboration.
• A hybrid working model, allowing for in-office / work from home flexibility.
• Generous vacation, personal and volunteer days.
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement.
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits.
• Educational resources, matching gift, and volunteer programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Industry: Credit Intermediation and Related Activities