European High Yield Trader

3 days ago


London, United Kingdom Deutsche Bank Full time

**Job Title **European High Yield Trader

**Location **London

**Corporate Title **Director

You will sit within the European (EU) High Yield Credit Trading desk in London. The desk’s main activity comprises market making and carrying inventory of High Yield Corporate Bonds. The Desk primarily trades with large institutional investors. The traders are supported by an integrated desk analyst team which manages, and analyses risks and generates trade ideas to facilitate customer demand.

The desk is looking for someone to take on trading responsibilities in the High Yield Credit Trading team. You will have direct contact with the sales force, promote the franchise, run positions, and identify value through education in the various products, systems and market practice.

**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:

- 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**
- Pricing, trading, and risk managing a securities book
- Providing liquidity and recycling risk profitably
- Developing and enhancing the European Flow Credit franchise
- Analysing market structure and the opportunities and threats there-in
- Managing financial risk and non-financial risks
- Interacting with clients, sales and internal counterparties in other trading, coverage, and structuring functions to increase market transparency and to generate new business

**Your skills and experience**
- Previous relevant experience in investment grade trading in London
- Knowledge/understanding of Credit, Credit Liquidity, Credit Pricing, and the European Client Base
- Detail oriented, naturally inquisitive, and consistently striving for self-education
- Ability to display innovation as part of a market-leading team with the end goal of making money and developing the business/franchise

**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 and our teams**

Deutsche Bank is the leading German bank with strong European roots and a global network.

Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.


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