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Optiver
Credit Trader
🌎Singapore
1w ago

Job Description

At Optiver we operate without bureaucracy, without hierarchy and without egos. We seek to continuously improve our approach to pricing, execution and risk management. We believe that the rigour with which we approach these problems is a source of competitive edge. We have an appetite to diversify and improve and are always looking for great new talent to bring fresh ideas and perspectives to our trading team. We are uniquely placed in the market with a combination of access to great liquidity through our market-making desks and a progressive risk appetite to leverage upon that.

We are seeking a highly skilled and motivated Credit Trader to drive the development and build our Fixed Income desk in Singapore. The successful candidate will be responsible for trading corporate bonds, focusing on both investment-grade and high-yield credit markets. 

WHAT YOU'LL DO

Trading Execution & Strategy:

  • Trade a broad range of corporate bonds, including both investment-grade and high-yield, across Asian and/or US markets (Asia hours).
  • Develop and execute trading strategies to capitalize on market inefficiencies, liquidity imbalances, and risk management opportunities.
  • Work closely with research, analytics, and technology teams to integrate data-driven insights into trading strategies and enhance market-making capabilities.

Market Analysis & Opportunity Identification:

  • Conduct in-depth analysis of credit markets, macroeconomic trends, and sector-specific developments to identify and act on trading opportunities.
  • Monitor and respond to market movements, credit spreads, and yield curves, and adjust trading positions accordingly.
  • Keep up to date with credit events, corporate earnings, rating agency actions, and market liquidity to optimize risk/reward opportunities.
  • Communicate regularly with counterparties, brokers, and liquidity providers to enhance market access and execution efficiency.

Risk Management:

  • Actively manage risk exposure by monitoring positions and adjusting trading strategies to minimize potential losses and maximize profit potential.
  • Work closely with the risk management team to ensure compliance with risk limits, regulatory requirements, and internal trading policies.
  • Develop a deep understanding of portfolio risk and implement hedging strategies as necessary to maintain balanced exposures.


WHO YOU ARE

The ideal candidate will have

  • Strong experience trading corporate bonds (investment-grade and high-yield) with a deep understanding of Asian and/or US (Asia hours) credit markets.
  • Proven track record of profitability and risk management in credit trading, with the ability to generate and execute high-conviction trading ideas.
  • Strong risk management capabilities with experience managing positions across credit markets and implementing effective hedging strategies.
  • Excellent quantitative and analytical skills, with the ability to leverage data and analytics to inform trading decisions.
  • Deep knowledge of credit spreads, macroeconomic factors, sector-specific developments, and corporate earnings that impact the corporate bond market.
  • Familiarity with trading systems, analytics platforms, and electronic trading platforms used in credit markets. Experience working with quants and technology teams to improve trading performance is a plus.
  • Strong communication and teamwork skills, with the ability to work collaboratively across teams, including trading, research, technology, and risk.
  • Experience working in a global trading environment, with an understanding of both local and international credit markets.
  • Familiarity with electronic trading platforms such as Bloomberg, MarketAxess, or Tradeweb.

WHAT YOU’LL GET

  • The chance to work alongside diverse, intelligent, and driven peers in a rewarding environment
  • Competitive remuneration, including an attractive bonus structure and additional leave entitlements
  • Training, mentorship and personal development opportunities
  • Gym membership plus weekly in-house chair massages
  • Daily breakfast and lunch
  • Regular social events including an annual company trip
  • A work-from-home allowance and support
  • Guided relocation, a competitive relocation package and visa sponsorship where necessary.

As an intentionally flat organisation, we believe that great ideas and impact can come from everyone. We are passionate about empowering individuals and creating diverse teams that thrive. Every person at Optiver should feel included, valued and respected, because we believe our best work is done together.

Our commitment to diversity and inclusion is hardwired through every stage of our hiring process, we welcome requests for reasonable adjustments during the process to ensure that you can best demonstrate your abilities.