Public Credit Trader

This opportunity sits within the Public Credit (PC) team at Just Group, leading on flow trade idea generation & execution as well as being front of house with Banks / Brokers. This also requires close collaboration with the wider Investment team (Credit Research being key stakeholders) and Portfolio Managers [PM] in PC team.The trader will be leading on providing views on market liquidity and near term spread movements to PC’s PM pillar as well as ensuring the investment team is kept up to date with market trends and the impact of these on the investment team.To compliment the above, the trader needs to have a strong collaborate nature to ensure appropriate trade ideas and market intel is shown in as well as working with wider teams within Just to ensure execution is done in a risk controlled manner.They will also be a key driver in the day to day development of more junior members skillset towards being able to trade and engage with the market on behalf of Just.Additionally the ability to adapt to ever changing investment requirements of Just while continually looking to enhance the trading function’s capabilities will be a critical part to the role.In summary, this role is a key driver behind executing new business pricing curve associated to Public Credit backed liabilities and generating back book value. Furthermore you are a key contributor on market timing views within the investment team to help guide tactical allocation positioning. Finally you are expected to continually enhance junior members of PC and ,more generally, Just’s credit trading abilities.About JustWe help people achieve a better later life. That’s our purpose and it’s the reason we exist. We are a fast-growing company helping customers enjoy the retirement they deserve. We do this through a variety of market leading, award-winning products and services, delivered by a diverse team of over 1,400 purpose-led colleagues who genuinely put the customer at the heart of everything we do.This is a brilliant time to join our business. We are on an exciting growth journey to become the UK’s most loved retirement expert.Key ResponsibilitiesOriginate and review liquid and illiquid Public Credit assets in both primary and secondary markets to meet our investment goalsEnsure best execution trading is done in risk controlled manner and that trading MI is correctly inputtedBuild strong relationships with bank / broker counterparties to ensure strong liquidity from street on secondaries / strong allocation in new issuesUsing street relationships to gather market intel on technicals across supply and demandForm views on near term spread moves and feed into PM pillarLook to provide general / issuer specific market intel [Latter focuses on exisiting holdings] to wider investment team and senior execs as well as monitoring spread changes on exisiting portfolioLook to continually improve trading function capabilities & processesWhat we’re looking forDemonstrable track record of relevant experience in a bank / insurance company / asset managerExperience trading fixed income: preferably IG credit [+4yrs trading]Demonstrate strong aptitudes in:Evaluating market trends & playing through their impact on bond spreads as well as associated liquidityApproaches to understanding and evaluating risks as well as pricing credit structuresSourcing liquidity in credit marketsKnowledge of:Buy & maintain investingFinancial markets in generalBond economics [Yield, Z spread, duration, WAL] & impact of XCCY on economicsOur behavioursAt Just you’ll have the opportunity to develop your career, whilst making a difference to the lives of those around you. You’ll be part of a company with a strong and distinctive culture - we’re ambitious, curious and collaborative – and every decision we make centres around being Just and delivering the best outcomes for our customers.What ’s in it for youA competitive salary, pension scheme and life assurance25 days annual leave plus an additional day on us for your birthdayPrivate medical cover and income protection, just in caseA generous and highly achievable bonus schemeOpportunities to progress your career in-role and within the companyFree access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aidersA variety of employee funded benefits available via our online benefits portalPlus, several additional purchase options available for you and your loved onesValuing diversity of thought and fostering a sense of belonging is critical to our business success, driving innovation and balanced decision making. Our work on DEIB (Diversity, Equity, Inclusion and Belonging) aims to deliver a brilliant employee experience underpinned by a sense of belonging, where our people feel proud to work at Just.We remain committed to our publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets and support a wide range of employee network and events, championing issues including intergenerational working, social mobility and neurodiversity.Please submit your CV using the 'apply now’ button . Shortlisted candidates will be contacted regarding next steps which may include an initial phone interview and in-person assessment. #J-18808-Ljbffr