Associate Credit Trader

Man Group; City Of London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading global investment firm in London is seeking a High Touch Associate Trader to manage discretionary credit strategies. The role involves maximizing execution technology and requires 1-2 years of trading experience along with strong coding skills in Python. Ideal candidates should have a solid academic background and excellent interpersonal skills. The firm promotes inclusion and offers comprehensive benefits, including flexible working arrangements and volunteering opportunities.

Benefits

Competitive holiday entitlements

Pension/401k

Life and long-term disability coverage

Enhanced parental leave

Flexible working arrangements

Qualifications

• 1-2 years of experience trading in a financial institution or relevant credit technical experience.
• Ability to work under pressure in a high-paced environment.
• Clear, concise, and transparent communication skills.

Responsibilities

• Manage discretionary credit trading strategies by maximising the execution platform.
• Contribute to improvements in signal development and portfolio construction.
• Develop relationships with counterparties and collect market intelligence.

Skills

Experience trading in a financial institution

Coding skills in Python

Knowledge of credit instruments

Analysing OTC and Exchange Traded Data

Strong academic record

Team player

Attention to detail

Strong inter-personal skills

Education

Degree from a leading university

Job description

Overview

Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and advanced technology, our single and multi-manager investment strategies are underpinned by deep research and span public and private markets, across all major asset classes, with a significant focus on alternatives. Man Group takes a partnership approach to working with clients, establishing deep connections and creating tailored solutions to meet their investment goals and those of the millions of retirees and savers they represent. Headquartered in London, we manage $193.3 billion* and operate across multiple offices globally. Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at www.man.com

The Role / Team

The Global Trading team maximises the execution alpha within the investment process through market knowledge, trading specialisation, leveraging best in class execution technology and rigorous execution research and TCA. In this role, you will provide execution and order placement services to Man's investment engines. For the avoidance of doubt, traders are not permitted to take any investment decisions. As a High Touch Associate Trader, you will help manage our discretionary credit and systematic macro strategies and develop a best-in-class trading platform for the firm. You will be part of a multi asset high touch trading team, with a primary focus on a variety of credit instruments including but not limited to Single Name Corp Credit (IG, HY, EM) Cash & CDS, Converts and ABS. We look for traders sharing our values of excellence, drive, meritocracy, and integrity.

Key Responsibilities

• Primarily help managing our discretionary credit trading strategies by maximising our execution platform and technology. Expand remit to trading Systematic macro strategies.
• Coordinating the company’s involvement in primary offerings and secondary trading.
• Liaising and partnering with the investment teams on execution strategy implementation.
• Contribute to improvements across signal development, portfolio construction, risk management and trading.
• Drive development of our trading platform, infrastructure and technology.
• Use qualitative and quantitative analysis to improve performance of our discretionary trading strategies.
• Develop and maintain relationships with our counterparties.
• Collect market intelligence from sales / traders on news, market moves, flows and liquidity opportunities to keep the investment team informed on market dynamics. Adding to the company’s understanding of market microstructure, transaction costs, participants and products in the exchange traded products and OTC space.
• Observing internal trading limits and any other restrictions on scope of delegated authority to act on behalf of designation fund/client.

Key Skills and Experience

• 1-2 years of experience trading in a financial institution or relevant credit technical experience.
• Coding skills in a high-level programming language such as Python, necessary.
• Knowledge of trading in a variety of credit instruments including but not limited to Single Name Corp Credit (IG, HY, EM), Cash & CDS, Converts, Loans and ABS.
• Experience analysing OTC data or Exchange Traded Data.
• Strong academic record and a degree from a leading university.
• Hands-on and positive attitude, adaptability and resilience.
• Team player, customer-focused and results-driven.
• Attention to detail and disciplined. Able to work under pressure and in a high-paced environment, with the ability to think quickly.
• Intellectually robust with a keenly analytic approach to problem solving. Curious, entrepreneurial, and innovative, willing to get involved with technology and projects across the firm.
• Strong inter-personal skills to enable communication across investment management teams and regions. Clear, concise, and transparent communicator.

Inclusion, Work-Life Balance And Benefits At Man Group

You'll thrive in our working environment that champions equality of opportunity. Your unique perspective will contribute to our success, joining a workplace where inclusion is fundamental and deeply embedded in our culture and values. Through our external and internal initiatives, partnerships and programmes, you'll find opportunities to grow, develop your talents, and help foster an inclusive environment for all across our firm and industry. Learn more at www.man.com/diversity.

You'll have opportunities to make a difference through our charitable and global initiatives, while advancing your career through professional development, and with flexible working arrangements available too. Like all our people, you'll receive two annual 'Mankind' days of paid leave for community volunteering.

Our comprehensive benefits package includes competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Depending on your location, you may also enjoy additional benefits such as private medical coverage, discounted gym membership options and pet insurance.

Equal Employment Opportunity Policy

Man Group provides equal employment opportunities to all applicants and all employees without regard to race, color, creed, national origin, ancestry, religion, disability, sex, gender identity and expression, marital status, sexual orientation, military or veteran status, age or any other legally protected category or status in accordance with applicable federal, state and local laws.

Man Group is a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact [e-mail].