US Corporate Credit Trader

Location: New York City, United States

Reports to: Head of Fixed Income Trading

Position Overview

We are expanding our Fixed Income team, the firm’s newest division launched in 2023, and are seeking a US Corporate Credit Trader with deep expertise in US corporate credit markets. In this role, you will drive proprietary trading strategies across investment-grade and high-yield corporate bonds, CDS, leveraged loans, and other related instruments.

Key Responsibilities:

• Execute proprietary trading strategies in US corporate credit, including IG/HY bonds, CDS, and leveraged loans.
• Conduct in-depth analysis of credit spreads, macro/microeconomic developments, and sector trends to identify trading opportunities.
• Manage a proprietary risk portfolio with disciplined position sizing, stop-loss adherence, and risk-reward oversight.
• Monitor market movements and dynamically adjust trading strategies to capitalize on relative value and market dislocations.
• Collaborate with research, risk, and other traders to refine strategies and enhance market insights.
• Leverage systematic and algorithmic tools where appropriate to improve trading efficiency and execution.

Qualifications:

• Minimum 3 years of proprietary trading experience in US corporate credit, including IG/HY bonds, CDS, and leveraged loans.
• Proven track record of generating consistent risk-adjusted returns in a fast-paced trading environment.
• Strong quantitative, analytical, and decision-making skills.
• Proficiency with Excel, SQL, Python, or other platforms for analytics, modeling, and strategy support.
• Strategic thinker with ability to interpret complex market and macroeconomic data.
• Comfortable operating under pressure and collaborating in a high-performance team.
• Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or a related field; CFA or advanced degree preferred.