Credit Trader - Investment Grade & High Yield

Position Overview

Employer: DWS Group

Title: Credit Trader – Investment Grade & High Yield

Location: New York

Job Code: #LI-MB1 #LI-02

About DWS:

Today, markets face a whole new set of pressures – but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change.

Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.

We’re looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow.

As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients’ financial future. And in return, we’ll give you the support and platform to develop new skills, make an impact and work alongside some of the industry’s greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career.

Read more about DWS and who we are here.

Team Division Overview

The Global Trading Team at DWS is a key part of the investment process and has a primary goal of achieving best execution results for the firm’s clients. The team covers a wide range of products (across asset classes) and markets globally. Trading is seeking a candidate to join the Americas Trading team in New York.

The individual will primarily focus on trading Credit (Investment Grade and High Yield) securities for mutual funds, institutional accounts and ETFs.

Role Details

As a Credit Trader you will be responsible for:

• Execute portfolio manager generated Investment Grade Credit and High Yield orders (across multiple venues) in compliance with trading procedures and portfolio guidelines

• Help build relationships with the broker-dealer community to facilitate improved New Issue Allocations, market intelligence and act as a point of contact for the platform

• Participate in internal meetings with Portfolio Managers and Research as part of the investment decision making process

• Increase efficiency of execution services and help build automated solutions for the desk’s processes and order flow

• Be a team player and take part in value additive liquidity dialogue & solutions (incl. relative value, trade ideas, difficult to trade situations, alternative investments/comparable securities, New Issue color)

• Act as a culture carrier and foster successful relationships and interactions with Operations, Technology, Compliance, Risk and Audit

We are looking for: 

• Proven trading experience in execution of both High Yield and Investment Grade Credit securities

• Understanding of industry recognized analytic and trading systems including Bloomberg, MarketAxess and Tradeweb. Experience with BRS Aladdin a plus

• Demonstrated process improvement through automation of order flow or similar skillset (coding skills should include familiarity with: Python, JavaScript, SQL)

• Strong written and oral communication skills

• Undergraduate degree with a preference towards a Bachelor’s degree in a finance-related or computer science field

What we’ll offer you:

At DWS we’re serious about diversity, equity and creating an inclusive culture where colleagues can be themselves sand it’s important to us that you enjoy coming to work - feeling healthy, happy and rewarded. At DWS, you’ll have access to a range of benefits which you can choose from to create a personalized plan unique to your lifestyle. Whether you’re interested in healthcare, company perks, or are thinking about your retirement plan, there’s something for everyone.

The salary range for this position in New York is $104,000 to $173,000. 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.

At DWS, 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!

DWS’ Hybrid Working model is designed to find the right balance between in-person collaboration and engagement in the office, which is core to our working culture, and working from home. Each business group varies on the split between time spent in the office and at home, but this will be discussed and made clear as part of your application and interview process. We will continue to review and evolve our working environments and methods to ensure that we are working in the best way possible for our people.

If you require any adjustments or changes to be made to the interview process for any reason including, or related to a disability or long-term health condition, then please contact your recruiter and let them know what assistance you may need. Examples of adjustments include providing a change to the format of the interview, or providing assistance when at the DWS office. This will not affect your application and your recruitment team will discuss options with you. 

Privacy Statement

The California Consumer Privacy Act outlines how companies can use personal information. Click  here to view DWS’ Privacy Notice.

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.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view "Deutsche Bank’s Equal Opportunity Policy Statement" and the following notices: "EEOC Know Your Rights" ; "Employee Rights and Responsibilities under the Family and Medical Leave Act" ; and "Employee Polygraph Protection Act" .