Credit Execution Trader for Systematic Strategies (New York or Chicago)

Quanta Search; New York (NY); On-site; USD 85,000 - 225,000; Full time

Job summary

A leading financial firm is looking for a Credit Execution Trader for Systematic Strategies to enhance their trading team in New York or Chicago. This role involves executing trades, managing portfolio risks, and improving trading algorithms, offering a significant opportunity for an experienced trader.

Qualifications

• 3+ years as a credit trader in CDS or corporate bonds.
• Knowledge of credit ETFs and derivatives is a plus.
• Proficient in programming (SQL, Python, Excel VBA) preferred.

Responsibilities

• Execute electronic and non-electronic credit trades.
• Maintain relationships with liquidity providers.
• Monitor and assess portfolio risk exposures.

Skills

Relationship Management

Risk Management

Market Analysis

Self-learning

Education

Bachelor's Degree in Finance or related field

Tools

MarketAxess

TradeWeb

Job description

Credit Execution Trader for Systematic Strategies (New York or Chicago)

Join to apply for the Credit Execution Trader for Systematic Strategies (New York or Chicago) role at Quanta Search

Credit Execution Trader for Systematic Strategies (New York or Chicago)

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Join to apply for the Credit Execution Trader for Systematic Strategies (New York or Chicago) role at Quanta Search

Our client is a portfolio management team specializing in the systematic trading of US credit markets, is looking for a highly talented Execution Trader. This is an opportunity for someone to source (electronic and voice) liquidity in the credit markets and pilot automated trading systems and take a central role on the front lines of the team’s investment process.

Responsibilities

• Work with the Portfolio Manager on electronic and non-electronic execution of all credit trades
• Maintain strong relationships with a broad set of liquidity providers
• Proactively monitor and assess portfolio risk exposures, in collaboration with the portfolio manager
• Track realized transaction costs and analyze execution quality stats
• Contribute to the internal development and external sourcing of execution algorithms
• Be responsible for position maintenance (e.g., CDS rolls) and be the point person working with the back office for corporate actions
• Contribute to the continuous improvement of the investment process, in collaboration with the rest of the team
  
  

Requirements

• 3+ years of work experience as a credit trader in single-name CDS and/or corporate bonds.
• Experience with OMS/EMS platforms such as MarketAxess and TradeWeb
• Experience with credit ETFs, interest rate derivatives, or equity options markets is a plus
• Exposure to quantitative/systematic strategies is a plus
• Some programming skills are a plus (e.g., SQL, Python, Excel VBA) and a strong self-learner
• Tenacious, detail-orientated, organized, and proactive about potential operational risks
• Keen intuition for markets and a passion for studying them. Team player, driven and collaborative

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

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