Credit Trader

Job Title

Credit Trader

Global Credit Trading team (“GCT”) is responsible for credit trading in Emerging Europe, Asia and European IG, Covered Bonds, HY and US IG. The group is an active market maker in hard currency credit and supports primary bond activity. Flow trading, credit analysis, pricing, structuring, execution, hedging, electronic/voice trading and distribution are key components of the business. The team interact daily with Sales, Research and DCM/Syndicate.

GCT aims to be at the front of the ongoing transformation in financial markets aided by data analytics and systematic trading. Successful candidates will be change leaders, with ambition to improve performance through the adoption of technology.

• Operate in a high-paced environment, learning quickly and adapting to a fluid environment.
• Part of the EM Credit Trading desk; work closely with 4 other team members trading overall Emerging Markets in EMEA; coordinate with Sales, Syndicate, Research and Risk Management functions.
• Must have a solid track record in trading Emerging Markets CEEMEA risk; expected to start trading immediately.
• Make markets competitively and consistently in Emerging Markets hard currency cash products for the firm’s clients, generating stable sustainable revenue across the credit cycle.
• Provide cover and trade in other Emerging Market sectors covered at the desk.
• Maintain an active trading style and provide market colour to clients, sales, and DCM.
• Use and promote technology proactively.
• Identify opportunities to increase market share & product income and execute initiatives to achieve it.
• Promote ING’s Credit Trading franchise.
• Trade in various markets (bonds/CDS).

• Essential:
  University degree (at least 2:1).
• Desirable:
  University degree from a top university most likely in a maths/finance/economics/engineering subject;
  Advanced degree (post-graduate).

• Essential:
  At least 5 years of Emerging Markets credit trading experience, preferably with a focus on MENA Corps and Fins. Excel, Word and PowerPoint. Good understanding of fixed income products.
• Desirable:
  Coding Skills – Python, Java.

• Essential:
  Can do attitude, positive mindset, adaptability and resilience. Curious, entrepreneurial and innovative problem solver. Genuine team player. Clear, concise and transparent communicator. Disciplined, customer-focused and results-driven. Attention to detail and disciplined. Able to work under pressure and in a high-paced environment. Ability to ingest large amounts of data under time pressure. Accountable for own actions and able to learn from mistakes.
• Desirable:
  Other languages.