Head EM Credit Trading EMEA (D or MD)

ING Group; City Of London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A global financial services company is seeking an experienced Head of EM Credit Trading Desk to lead a team focused on trading Emerging Markets. The role demands a strong track record in credit trading, leadership skills, and the ability to thrive in a dynamic environment. Ideal candidates will have over 10 years of experience and a university degree, with a proactive approach to technology and market opportunities.

Qualifications

• 10+ years of Emerging Markets credit trading experience.
• Solid understanding of fixed income products.
• Ability to adapt in a high-paced environment.

Responsibilities

• Lead the EM EMEA Credit Trading team.
• Make markets in Emerging Markets hard currency cash products.
• Identify opportunities to increase market share.

Skills

Emerging Markets credit trading experience

Excel

Word

PowerPoint

Coding Skills: Python

Coding Skills: Java

Education

University degree (at least 2:1)

Job description

Overview

Global Credit Trading team (GCT) is responsible for credit trading in Emerging Europe, Asia and European IG, Covered Bonds, HY and US IG. The group is an active market maker in hard currency credit and supports primary bond activity. Flow trading, credit analysis, pricing, structuring, execution, hedging, electronic/voice trading and distribution are key components of the business. The team interacts daily with Sales, Research and DCM/Syndicate. GCT aims to be at the front of the ongoing transformation in financial markets aided by data analytics and systematic trading. Successful candidates will be change leaders, with ambition to improve performance through the adoption of technology.

Main Duties and Responsibilities

GCT operates in a high paced environment and is looking for a candidate who can learn quickly and adapt to this fluid environment. The candidate will head the EM Credit Trading desk EMEA within GCT heading a 5 member team trading overall Emerging Markets in London and interact regularly with Sales, Syndicate, Research and Risk Management functions. Main markets are CEE, MENA, ex CIS, Turkey South Africa. It is essential that the candidate has a solid track record in trading Emerging Markets CEEMEA risk as he/she is expected to trade and provide leadership to this team.

• Make markets competitively and consistently in Emerging Markets hard currency cash products to the firm’s clients with the objective of producing stable sustainable revenue across the credit cycle.
• Lead the EM EMEA Credit Trading team in achieving pnl targets and ensure proper risk management.
• Provide cover and trade in other Emerging Market sectors covered at the desk
• Maintain an active trading style and provide market colour to clients, sales and DCM.
• Use and promote technology proactively
• Identify opportunities to increase market share & product income and execute initiatives to achieve it.
• Promote ING's Credit Trading franchise.
• Trade in various markets (bonds/CDS).

Candidate Profile

Qualification/Education

Essential:

• University degree (at least 2:1).

Experience/Knowledge

Essential:

• At least 10 years of Emerging Markets credit trading experience.
• Excel, Word and PowerPoint.
• Good understanding of fixed income products

Desirable:

• Coding Skills: Python, Java

Personal Competencies

Essential:

• Can do’ attitude, positive mind set, adaptability and resilience.
• Curious, entrepreneurial and innovative problem solver.
• Genuine team player.
• Clear, concise and transparent communicator.
• Disciplined, customer-focused and results-driven.
• Attention to detail and disciplined.
• Able to work under pressure and in a high-paced environment.
• Ability to ingest large amounts of data under time pressure.
• Accountable for own actions and able to learn from mistakes.

Desirable:

• Other languages

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