High Yield Credit Trader - Vice President

High Yield Credit Trader

Corporate Title Vice President

Location New York, NY

The High Yield Credit desk is part of Credit Flow Trading, sitting within the Global Financing & Credit Trading 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 (Vice President level) and 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.

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

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

Work closely with Desk Analysts to critically evaluate trading opportunities

Support Capital Markets in distributing new issues

Responsibility for training junior Traders on the desk

Building the Deutsche Bank Credit franchise with clients & capturing market share

Generating trade ideas alongside Sales & Research

Previous experience in the High Yield Credit market either on the buy/sell side

Existing relationships with buy-side clients active in this space

Strong knowledge of the High Yield Credit sector & ideally experience trading this sector before

History of strong risk management and profitable trading

Self-motivated

Self-starter

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 $187.5K to $307.K. 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.

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.