Credit Trader - Investment Grade & High Yield

Credit Trader – Investment Grade & High Yield

Employer: DWS Group

Location: New York

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.

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.

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

At DWS we're serious about diversity, equity and creating an inclusive culture where colleagues can be themselves and 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.

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.

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.