EU Sovereign Credit Trader

Mamoru; City Of London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A financial firm in London is seeking a highly experienced EU Sovereign Credit Trader to join their new Fixed Income team. The ideal candidate will have a minimum of 3 years of trading experience, strong analytical skills, and a proven track record of generating P&L in the EU sovereign credit markets. This role offers competitive compensation, performance-based bonuses, and opportunities for career growth within a high-performance team.

Benefits

Competitive salary

Performance-based bonuses

Access to proprietary trading platform

Qualifications

• Minimum 3 years of trading experience in EU sovereign credit instruments.
• Strong analytical and quantitative skills.
• Proven track record of P&L generation.

Responsibilities

• Execute proprietary trading strategies in EU sovereign credit.
• Monitor market flows, liquidity, and pricing.
• Identify trading opportunities based on macroeconomic developments.

Skills

Trading experience in EU sovereign credit instruments

Analytical skills

Communication skills

Education

Bachelor’s degree in Finance, Economics, or a related field

CFA or advanced degree preferred

Job description

Location: London, United Kingdom

Reports to: Head of Fixed Income Trading

Position Overview

We are expanding our Fixed Income team, the firm’s newest division launched in 2023, and are seeking a highly experienced EU Sovereign Credit Trader. The ideal candidate will have deep expertise in European sovereign credit markets, executing trades and managing positions across EU sovereign bonds, CDS, and related instruments, with a strong track record of generating P&L and deep knowledge of macroeconomic, fiscal, and political developments.

Key Responsibilities

• Execute proprietary trading strategies in EU sovereign credit, including bonds, CDS, and related instruments.
• Monitor market flows, liquidity, and pricing to ensure optimal execution.
• Identify and act on trading opportunities in response to macroeconomic, fiscal, and political developments.
• Develop and implement medium- to long-term EU sovereign credit strategies.
• Conduct in-depth analysis of European macroeconomic indicators, fiscal policies, central bank actions, and political events affecting sovereign credit.
• Manage a proprietary risk portfolio, evaluating credit, duration, and currency exposures with disciplined risk-reward oversight.
• Collaborate with research, risk, and other traders to refine strategies and enhance market insights.
• Build relationships with brokers, counterparties, and research providers to strengthen the firm’s EU sovereign credit franchise.

Qualifications

• Minimum 3 years of trading experience in EU sovereign credit instruments, including bonds and CDS.
• Deep understanding of European sovereign debt markets, macroeconomic factors, and central bank policies.
• Strong analytical and quantitative skills; ability to translate complex market data into actionable strategies.
• Proven track record of P&L generation and risk management in volatile markets.
• Excellent communication skills; fluent in English, additional EU languages a plus.
• Bachelor’s degree in Finance, Economics, or a related field; CFA or advanced degree preferred.

What We Offer

• Competitive salary with performance-based bonuses.
• Access to a dedicated proprietary trading platform with strong support infrastructure.
• Career growth opportunities within a focused, high-performance, and collaborative team.