Distressed & Loan Trader

**Distressed & Loan Trader**:
**Job ID**:R0373223

**Full/Part-Time**:Full-time

**Regular/Temporary**:Regular

**Listed**:2025-02-14

**Location**:London

**Position Overview**:
**Job Title**Distressed & Loan Trader

**Location**London

**Corporate Title**Associate/Vice President

As a trader on the Distressed & Leveraged loan trading desk, you will coordinate with all functions within the broader Distressed Products Group (analysts, sales and legal) to identify and execute trades in partnership with our institutional clients. The Distressed Products Group (DPG) is a specialised unit as part of Global Financing & Credit Trading. DPG is the leading market maker of stressed and non-performing securities and loans, engaged in trading, investment, structuring and the provision of new financing.

The leveraged loan trading function operates as a market maker in the European secondary loan market providing liquidity between market participants, namely Collateralised Loan Obligation (CLO) managers, hedge funds and banks. This function has additional roles in providing distribution & market colour to Deutsche Bank’s Leveraged Debt Capital Markets primary issuance platform as well as supporting its CLO new issue business within Credit Asset-Backed Securities (ABS). Within distressed trading you will work closely with counterparts in Origination, Sales and Desk Analysts to identify trading opportunities and risk manage inventory positions accordingly through the distressed credit’s lifecycle.

**What we’ll offer you**

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

You can expect:

- Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a Hybrid Working Model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
- Competitive salary and non-contributory pension
- 30 days’ holiday plus bank holidays, with the option to purchase additional days
- Life Assurance and Private Healthcare for you and your family
- A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
- The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year

**Your key responsibilities**
- Work and collaborate with the team to generate new trade ideas, work includes credit, financial modelling, scenario analysis and communication with client investor base
- Coordinate legal, research, sales and sourcing functions throughout lifetime of trades
- Meet with institutional clients to source new ideas and pitch desk trade ideas to facilitate trading flow
- Liaise with internal parties such as risk management, supporting with preparation of internal approval documents
- Coordination of back and middle office functions that support the desk, namely loan closing, Know Your Customer (KYC) and finance
- Pushing operational improvements on desk proactively, including adoption of new systems. Coverage of senior traders across the desk in their absence

**Your skills and experience**
- Experience in leverage finance/ credit markets preferable
- Strong personal drive and proactive demeanour
- Be comfortable working with clients directly
- Excellent communication skills, both written and verbal and interpersonal skills
- Desire to work in a fast-paced environment
- Strong analytical aptitude and problem-solving abilities

**How we’ll support you**
- Training and development to help you excel in your career
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs
- We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (for example, screen readers, assistive hearing devices, adapted keyboards)

**About us**

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to have been named in The Times Top 50 Employers for Gender Equality 2024 for five consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.