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Deutsche Bank

High Yield, Trader - Vice President

Deutsche Bank, New York, New York, us, 10261


Job Title:

High Yield Trader

Corporate Title:

Vice President

Location:

New York, NY

Overview:The High Yield Credit 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 High Yield Bonds to provide liquidity to our clients. You will hold the position of High Yield Credit Trader (VP level). You will partner closely with the Institutional Client Group (ICG), Research Analysts, and Capital Markets to provide liquidity to our clients & support Deutsche Bank's new issue business.

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.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:Act as a market maker to provide liquidity to our clients in High Yield Bonds.Build your franchise in your sector & with clients to capture market share.Own & manage the market risk exposure of your trading positions.Leverage the ICG Credit sales team to source liquidity.How You'll Lead:Responsibility for training junior Trader on the distressed desk.Generating trading ideas for discussion with the wider Analyst team.Skills You'll Need:Previous experience in the High Yield Credit market in TMT sectors, but willing to discuss other sector responsibilities.Ability to work closely with Desk Analysts to critically evaluate trading opportunities.Support Capital Markets in distributing new issues.Skills That Will Help You Excel:Existing relationships with buy-side clients active in this space.Strong knowledge of the High Yield Credit & ideally experience trading this sector before.History of strong risk management and profitable trading.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 Values & Diversity:We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds, and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.#J-18808-Ljbffr