Vice President High Yield Bonds Specialist

6 days ago


New York, New York, United States Deutsche Bank Full time
Job Overview: The High Yield Credit desk is part of Credit Flow Trading, sitting within the Global Financing & Credit Trading business unit. As a High Yield Credit Trader (Vice President level), you will act as a market maker in High Yield Bonds to provide liquidity to our clients and support our new issue business. You will partner closely with the Institutional Client Group (ICG), Research Analysts, and Capital Markets to achieve these goals.

Responsibilities:
  1. Provide liquidity to our clients in High Yield Bonds by acting as a market maker.
  2. Build your franchise in the sector and capture market share by leveraging the ICG Credit sales team and Desk Analysts.
  3. Manage the market risk exposure of your trading positions by owning and controlling them.
  4. Source liquidity by partnering with the ICG Credit sales team and supporting Capital Markets in distributing new issues.
  5. Evaluate trading opportunities critically and make informed decisions based on market analysis.

Qualifications:
  • Prior experience in the High Yield Credit market or related field.
  • Strong knowledge of the High Yield Credit sector and its trends.
  • Ability to build relationships with buy-side clients and partners.
  • History of strong risk management and profitable trading.

Benefits and Perks: We offer a comprehensive benefits package, including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits. Our employees also enjoy flexible working arrangements, generous vacation time, and access to employee resource groups that promote diversity and inclusion.

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