Associate, IG Financials Credit Trader

MUFG; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial institution in London is seeking a professional to focus on trading IG financials. This role involves growing trading volumes and building strategic relationships. The ideal candidate has a strong knowledge of the IG Financials sector, excellent communication skills, and a proactive approach to risk management. We promote diversity and inclusion, with flexible working options available.

Qualifications

• Strong track record of building franchise within your sector.
• Ability to manage IG Financials Credit Trading profitably.
• Credit experience, in Buy or Sell side.

Responsibilities

• Grow and maintain secondary bond trading volumes.
• Partner with Sales teams to increase market share.
• Collaborate with Debt Capital Markets to service clients.

Skills

Building franchise relationships

Strong knowledge of IG Financials Sector

Excellent Microsoft Office skills

Programming capabilities

Power BI capabilities

Education

University degree (2:2 or above)

Job description

Overview

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

Overview of the Department/Section

MUFG offers high-quality market-making services to clients in the international credit markets. Our integrated credit platform across trading, sales and strategy provide services to support our debt capital markets franchise and investor client base, trading global credit and covering all major institutional investors.

Our team of nearly 100 professionals across London, New York, Hong Kong, and Singapore has trading expertise across all major corporate and financial bonds, covering:

• Investment grade and crossover (Europe, US, Asia)
• High yield (US, Asia)
• Emerging markets (CEEMEA, Latin America, Asia)
• Asset swaps / Illiquid credit including hard and local currencies (Europe)
• CDS single name (Europe)
• Our growing presence in electronic trading on all major platforms, including Bloomberg ALLQ, MarketAxess and Tradeweb, ensures consistent and timely execution of all client corporate bond trades.

Main purpose of the role

• Trading IG Financials

Key responsibilities

• Responsible for growing and maintaining secondary bond trading volumes and revenues in line with business targets
• Partnering with Sales teams globally to increase our profitable market share in your sector with our core investor base.
• Collaboration and partnership with Debt Capital Markets to leverage our global lending platform and service our global client base.

Work experience

Essential

• Strong track record of building franchise within your sector / issuer universe / area of expertise, with relevant relationships that can be leveraged to build out the IG Financials franchise at MUFG
• Strong knowledge of the IG Financials Sector
• Ability to manage IG Financials Credit Trading in a resource efficient, profitable manner, within parameters of the limits set out in the Dealing Mandate and within MUFG’s Risk Appetite Framework
• Credit experience, in Buy or Sell side
• Consistent PnL track record

Skills and experience

Functional / Technical Competencies:

Essential:

• Excellent Microsoft Office skills

Preferred:

• Programming capabilities preferred.
• Power BI capabilities preferred

Education / Qualifications:

Essential

• University degree (2:2 or above equivalent) or equivalent work experience.

Personal requirements

• A diligent, proactive and thoughtful risk manager
• A strong sense of accountability with a proactive, and solution focused approach
• Excellent communication and interpersonal skills
• Ability to perform well in a high pressured environment, and deliver with focus on priorities
• Strong decision making and problem solving skills and an ability to articulate and justify approach
• A structured and logical approach to work
• Demonstrable sound judgement
• An entrepreneurial, risk focused mindset
• A creative and innovative approach to work
• Excellent attention to detail and accuracy
• A team player
• Acts in accordance with MUFG’s Culture Principles, including for Risk Culture, and with due care as a Certified Person

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.

At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!

Our Culture Principles

• Client Centric
• People Focused
• Listen Up. Speak Up.
• Innovate & Simplify
• Own & Execute