FICC - Structured Credit Trader

CFA Institute; Hong Kong; On-site; HKD 1,400,000 - 2,200,000; Full time

Job summary

CFA Institute in Hong Kong seeks a senior credit trader to lead activities across cash bonds, repos and related products, bringing deep market knowledge and disciplined risk management. The role requires 8+ years in credit trading, Mandarin and English fluency, and a proven track record in China/Asia markets, credit analysis, and liquidity optimization.

You will collaborate with Sales, Structuring, and Risk teams to align desk strategies and maintain strong relationships with counterparties and

Qualifications

• Master's degree in Finance, Economics, or related field (CFA/FRM a plus).
• 8+ years of experience in credit trading, preferably with exposure to China/Asia markets.
• Expertise in credit analysis, relative value trading, and repo financing mechanics.
• Deep understanding of China's credit landscape, including regulatory policies and liquidity dynamics.
• Fluency in Mandarin and English (required for internal/external communication).

Responsibilities

• Lead trading activities across cash bonds, repos, and credit products (IG/HY/AT1/LGFV).
• Execute and manage cash bond trading (investment-grade, high‑yield, AT1, LGFV) and repo transactions, ensuring best execution and liquidity management.
• Develop and implement trading strategies to capitalize on market opportunities while adhering to risk limits.
• Monitor macroeconomic trends, credit spreads, and issuer‑specific developments to inform trading decisions.
• Collaborate with Sales, Structuring, and Risk teams to align trading activities with broader desk strategies.
• Maintain strong relationships with counterparties, issuers, and investors to enhance liquidity and market intelligence.

Skills

Credit trading

Relative value trading

Repo financing

China markets

Mandarin & English

Education

Master's degree

Job description

Key Responsibilities:

1. Lead trading activities across cash bonds, repos, and credit products (IG/HY/AT1/LGFV)
2. Execute and manage cash bond trading (investment-grade, high‑yield, AT1, LGFV) and repo transactions, ensuring best execution and liquidity management.
3. Develop and implement trading strategies to capitalize on market opportunities while adhering to risk limits.
4. Monitor macroeconomic trends, credit spreads, and issuer‑specific developments to inform trading decisions.
5. Collaborate with Sales, Structuring, and Risk teams to align trading activities with broader desk strategies.
6. Maintain strong relationships with counterparties, issuers, and investors to enhance liquidity and market intelligence.

Qualification:

1. Master's degree in Finance, Economics, or related field (CFA/FRM a plus).
2. 8+ years of experience in credit trading, preferably with exposure to China/Asia markets.
3. Expertise in credit analysis, relative value trading, and repo financing mechanics.
4. Deep understanding of China's credit landscape, including regulatory policies and liquidity dynamics.
5. Fluency in Mandarin and English (required for internal/external communication).