Skip to main contentA logo with &quat;the muse&quat; in dark blue text.

Credit PT/ETF/Algo Trader - Vice President

AT Deutsche Bank
Deutsche Bank

Credit PT/ETF/Algo Trader - Vice President

New York, NY / Remote

Job Description:

Job Title Credit PT/ETF/Algo Trader

Corporate Title Vice President

Location New York, NY

Overview

The Credit Portfolio/ETF/Algorithmic Trading desk is part of Credit Flow Trading. This sits within the Global Financing & Credit Trading business unit. The trading desk acts as a market maker in Investment Grade and High Yield Corporate Bonds as well as Portfolios and ETFs including those bonds to provide liquidity to our clients.

What We Offer You

  • A diverse and inclusive environment that embraces change, innovation, and collaboration
  • A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

Want more jobs like this?

Get Software Engineering jobs delivered to your inbox every week.

Select a location
By signing up, you agree to our Terms of Service & Privacy Policy.

  • Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
  • Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
  • Educational resources, matching gift, and volunteer programs

  • What You'll Do
    • Contribute to the management of Algorithmic trading of Investment Grade and High Yield Corporate Bonds by the team
    • Trade US Credit ETFs and Portfolios of Investment Grade and High Yield Corporate Bonds as a member of a multi-functional trading team; interact directly with external managers of Credit ETFs to create and redeem shares of US Credit ETFs
    • Model and use statistical analysis to identify profitable trading opportunities for the desk & our clients
    • Contribute to the continued development of systems and processes which support the US Credit Portfolio/ETF/Algorithmic Trading activity
    • Work closely with other Deutsche Bank traders to optimize and manage risk positioning in trading books across US Credit Flow Trading
    • Leverage the ICG Credit Sales to support an active feedback loop with our clients

    How You'll Lead
    • Responsibility for training junior staff on the desk
    • Building the Deutsche Bank Credit franchise with clients & capturing market share

    Skills You'll Need
    • Previous experience as a credit quant either on the buy/sell side
    • Existing relationships with market participants in this space
    • Previous experience with modelling, credit analysis and statistical modelling, ideally resulting in trading ideas
    • History of strong risk management and identifying profitable trading opportunities

    Skills That Will Help You Excel
    • Self-motivated
    • Self-starter

    Expectations

    It is the Bank's expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank's hybrid working model.

    Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

    The salary range for this position in New York City is $180K to $250K.Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

    Deutsche Bank Benefits

    At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

    Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life

    The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice please emailHR.Direct@DB.com.

    #LI-HYBRID

    #LI-REMOTE

    #LI-ONSITE

    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.

    We welcome applications from all people and promote a positive, fair and inclusive work environment.

    We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices:EEOC Know Your Rights;Employee Rights and Responsibilities under the Family and Medical Leave Act;Employee Polygraph Protection ActandPay Transparency Nondiscrimination Provision.

    Client-provided location(s): New York, NY, USA
    Job ID: deutsche_bank-R0347415
    Employment Type: Other

    Perks and Benefits

    • Health and Wellness

      • FSA
      • HSA
      • Health Reimbursement Account
      • Health Insurance
      • Dental Insurance
      • Vision Insurance
      • Life Insurance
      • Short-Term Disability
      • Long-Term Disability
    • Parental Benefits

      • Non-Birth Parent or Paternity Leave
      • Birth Parent or Maternity Leave
    • Work Flexibility

      • Flexible Work Hours
      • Remote Work Opportunities
    • Office Life and Perks

      • Commuter Benefits Program
    • Vacation and Time Off

      • Leave of Absence
      • Personal/Sick Days
      • Paid Holidays
      • Paid Vacation
    • Financial and Retirement

      • Relocation Assistance
      • Performance Bonus
      • Stock Purchase Program
      • 401(K) With Company Matching
    • Professional Development

      • Promote From Within
      • Mentor Program
      • Shadowing Opportunities
      • Access to Online Courses
      • Tuition Reimbursement
    • Diversity and Inclusion

      • Diversity, Equity, and Inclusion Program

    Company Videos

    Hear directly from employees about what it is like to work at Deutsche Bank.