Investment Grade Trader - Associate

Deutsche Bank • New York, NY

2d • $130,000 - $170,000 • Hybrid

About The Position

The Investment Grade (IG) desk is part of Credit Flow Trading, sitting within the Global Financing & Credit Trading business unit. The trading desk acts as a market maker in the Investment Grade Bond market. You will partner closely with the Institutional Client Group (ICG), Research Analysts and Capital Markets to provide liquidity to our clients & support Deutsche Bank’s new issue business. Will require in-depth knowledge about existing Investment Grade markets and ability to analyze credit/rate risk.

Requirements

• Extensive knowledge of the Investment Grade bond market and the US Investment Grade sector (Corps)
• Deep understanding of US client base and IG franchise
• Key relationships established with US clients and knowledge of their trading interests
• Experience in market-making Investment Grade Bond transactions
• Understanding of risk management of trading desks and understanding of existing relationships with buy-side clients active in this space
• An interest in strong risk management and profitable trading

Nice To Haves

• Actively learn from and support Senior Traders on the desk
• Assist in building the Deutsche Bank IG franchise with clients & capturing market share
• Support in generating trade ideas alongside Sales & Research

Responsibilities

• Act as a market maker to provide liquidity to our clients in Investment Grade Bonds
• Build your franchise in your sector & with clients to capture market share
• Own & manage the market risk exposure of your trading positions
• Leverage the ICG Credit sales team to source liquidity
• Work closely with Desk Analysts to critically evaluate trading opportunities
• Support Capital Markets in distributing new issues

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
• Access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed