Vice President - High Yield Trader

BNP Paribas • New York, NY

302d • $225,000 - $250,000

About The Position

The Credit platform provides an added value service on Credit Markets to our institutional clients. Our global offer includes vanilla flow products and complex derivatives solutions. Our distribution franchise leverages our primary market leadership, global trading set up and recognized research and strategy teams.

Requirements

• Bachelor's Degree in Finance or a related field.
• Master's Degree a plus.
• Experience trading HY corporate bonds at a large sell side bank.

Nice To Haves

• At least 3 years of previous HY corporate bond market experience from a large sell side bank.
• Existing relationships with investing clients who actively trade HY corporate bonds.

Responsibilities

• Trader responsible for making markets in High Yield corporate bonds.
• Provide liquidity to BNPP's global investor base in designated sectors.
• Send prices for the range of securities covered: at least once a day for 'off-the-runs' and multiple times a day for benchmarks.
• Provide market commentaries to sales and clients using both physical and electronic venues: morning meeting, Bloomberg messages and chat rooms.
• Partner with Credit Strategy and Research in designing and promoting trade ideas.
• Monitor risk measures to identify potential Credit and Market risks.
• Risk-manage a trading portfolio consistently with market conditions and access to liquidity.

Benefits

• Medical, dental and vision coverage.
• 401(k) Savings Plan.
• Backup childcare.
• Life, accident and disability insurance.
• Mental health support.
• Paid time off.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Education Level: Master's degree