Fixed Income Trader

Hudson River Trading; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Hudson River Trading seeks an experienced Macro trader to join our Singapore office and help build out a global fixed income strategy. The role focuses on discretionary and quantitative trade ideas, execution, and collaboration with research/tech teams.

You will interact with counterparties, dealers, and sell-side research, while continuously monitoring risk and market dynamics to optimize strategies. A strong background in fixed income and programming is valued.

Qualifications

• Bachelor's degree or higher (required).
• 2+ years of trading experience in global fixed income on the buy-side.
• Strong understanding of the trading process and risk controls.
• Experience with large trade sizes and multiple trades.
• Ability to build strong counterparty relationships and communicate effectively.

Responsibilities

• Review risk related to trade entry, DV01, allocations, PNL tracking, and portfolio risk checks.
• Collaborate with Quantitative Research to provide real-time feedback for model optimization.
• Work with Systems Technology to build efficient trading systems for the Rates team.
• Develop and maintain relationships with dealers and counterparties; communicate重要 information to the team.
• Interact with sell-side Research teams and stay updated on market developments.
• Provide daily market updates including flows, technicals, issues, and strategy feedback.

Skills

Fixed income trading

Risk management

Programming (Python, C++, SQL, R)

Counterparty relationships

APAC market knowledge

Excel/Google Docs

Education

Bachelor's degree or higher

Tools

Tradeweb

Bloomberg

Job description

Hudson River Trading (HRT) is seeking an experienced trader to join our Macro trading team, focused specifically on building out our exciting global fixed income strategy. Our team deploys both discretionary and quantitative trade ideas globally. This role will reside in our Singapore office. Responsibilities of this role will include trade execution, collaboration with quantitative research/technology teams to implement strategies/tools, primary interaction with counterparties, and more.

Responsibilities

• Review risk (trade entry, DV01, allocations, PNL tracking, portfolio risk checks)
• Collaborate with Quantitative Research team to provide real-time feedback for model optimization (challenge model assumptions, update transaction cost assumptions, evaluate trade suggestions, and identify model bias)
• Collaborate with Systems Technology team to build the systems that will make the Rates team most efficient
• Build relationships with dealers, processing and communicating important information to team
• Interact with sell side Research teams
• Daily communication on markets (flows, technicals, issues, strategy feedback)

Qualifications

• Bachelor’s degree or higher
• Minimum of 2 years trading experience in global fixed income products on the buy-side
• Comprehension of the trading process
• Experience with large trade sizes and trade counts
• Experience building strong counterparty relationships
• Ability to evaluate market technicals
• Understanding of APAC fixed income market structure and products (e.g. FX, IRS, sovereign bonds, inflation swaps, bond futures, swaptions, cross-currency basis)
• Ability to work independently as well as part of a team
• Exceptional attention to detail and drive to understand complex issues
• Proficiency in Excel/Google Docs
• Familiarity with trading platform interfaces (Tradeweb, Bloomberg)
• Programming language is a plus (Python, C++, SQL, and R)

Culture

Hudson River Trading (HRT) brings a scientific approach to trading financial products. We have built one of the world's most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in the world of algorithmic trading.

At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and tech. We’re a community of self-starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization—from trading, to business operations, to recruiting and beyond. We value openness and transparency, and celebrate great ideas from HRT veterans and new hires alike. At HRT we’re friends and colleagues – whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office.

Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives. HRT is an equal opportunity employer; so whoever you are we’d love to get to know you.

Please be advised: Use of AI tools during interviews or assessments is strictly prohibited, unless otherwise instructed or agreed upon. We employ various methods to evaluate the authenticity of candidate responses. If we determine that AI assistance was used during any stage of the hiring process, we reserve the right to immediately disqualify your candidacy or rescind any job offers extended.