Job Description:
Job Title Credit PTF/ETF/Algo Trader
Corporate Title Director
Location New York, NY
Overview
The Credit Portfolio/ETF/Algorithmic Trading desk is part of Credit Flow Trading, sitting within the Global Financing & Credit Trading (GF&CT) business unit. The trading desk acts as a market maker in Investment Grade and High Yield Corporate Bonds as well as Portfolios and ETFs. This includes 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
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What You'll Do
- Trade US Credit ETFs and Portfolios of Investment Grade and High Yield Corporate Bonds as a member of a multi-functional trading team
- Contribute to the management of Algorithmic trading of Investment Grade and High Yield Corporate Bonds by the 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
- 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
- Contribute to the continued development of systems and processes which support the US Credit Portfolio/ETF/Algorithmic Trading activity
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
- Excellent communication skills, both written and spoken
- Self-motivated
- Self-starter
Expectations
It is the Bank's expectation that employees hired into this role will work in the New York City 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 $190K to $300K. 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
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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.