EU Sovereign Credit Trader — Macro Strategy & Execution

Mamoru; City Of London; On-site; GBP 120,000 - 230,000; Full time

Job summary

Mamoru in London is seeking an experienced trader to execute proprietary strategies in EU sovereign credit, including bonds and CDS, from our London office. You will monitor flows, liquidity and pricing to ensure optimal execution while identifying opportunities amid macroeconomic and policy developments.

The ideal candidate has at least 3 years of trading in EU sovereigns, deep market knowledge, strong quantitative skills and a proven P&L track record.

Qualifications

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

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.

Skills

EU sovereign credit trading

Macro & debt markets expertise

Analytical & quantitative skills

P&L generation & risk management

English fluency

Education

Bachelor's in Finance/Economics or related

Job description

Mamoru in London is seeking an experienced trader to execute proprietary strategies in EU sovereign credit, including bonds and CDS, from our London office. You will monitor flows, liquidity and pricing to ensure optimal execution while identifying opportunities amid macroeconomic and policy developments.

The ideal candidate has at least 3 years of trading in EU sovereigns, deep market knowledge, strong quantitative skills and a proven P&L track record.