Associate, IG Financials Credit Trader

MUFG Americas; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a talented individual to join their dynamic trading team in London. This role offers a unique opportunity to contribute to the growth of the IG Financials franchise, leveraging your strong relationships and expertise in the sector. You will be responsible for driving trading volumes and revenues while collaborating with global sales teams. The company fosters a culture of innovation and accountability, ensuring that your contributions are recognized and rewarded. If you thrive in a fast-paced environment and are eager to make a meaningful impact, this position is perfect for you.

Qualifications

• Strong track record in building franchise within your sector.
• Ability to manage IG Financials Credit Trading efficiently.

Responsibilities

• Grow and maintain secondary bond trading volumes.
• Collaborate with Sales teams to increase market share.

Skills

Microsoft Office

Programming capabilities

Power BI

Communication skills

Decision making

Problem solving

Education

University degree (2:2 or above)

Job description

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

PERFORMANCE AND DUTIES

The role holder will be assessed in accordance with their employing entity’s performance framework and process with relevant input obtained from the dual hatting entity as relevant.

As duties and responsibilities change, the job description will be reviewed and emended in consultation with the role holder.

The role holder will carry out other duties as are within the scope, spirit and purpose of the role as requested by their line manager or Department Head.

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.