EU Sovereign Credit Trader

Apcapitalinvestment; Greater London; On-site; GBP 80,000 - 120,000; Full time

Benefits offered by this job

Competitive salary with performance-based bonuses

Access to a dedicated proprietary trading platform

Career growth opportunities

Job summary

A leading financial firm is expanding its Fixed Income team and seeks an experienced EU Sovereign Credit Trader. The ideal candidate will execute trading strategies, analyze markets, and manage risk across EU sovereign bonds and related instruments. A minimum of 3 years of trading experience and a strong understanding of macroeconomic factors are essential. A competitive salary with performance-based bonuses is offered in a collaborative environment focused on career growth.

Qualifications

• Minimum 3 years of trading experience in EU sovereign credit instruments.
• Deep understanding of European sovereign debt markets and macroeconomic factors.
• Fluent in English; additional EU languages are a plus.

Responsibilities

• Execute proprietary trading strategies in EU sovereign credit.
• Monitor market flows, liquidity, and pricing to ensure optimal execution.
• Develop and implement medium- to long-term EU sovereign credit strategies.

Skills

Trading experience in EU sovereign credit instruments

Analytical and quantitative skills

Communication skills

Education

Bachelor’s degree in Finance or Economics

CFA or advanced degree

Job description

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.