ROLE
A Cubist portfolio management team specializing in the systematic trading of US credit markets is looking for a highly talented Execution Trader. This is an opportunity for someone to source (electronic and voice) liquidity in the credit markets and pilot automated trading systems and take a central role on the front lines of the teamβs investment process.
RESPONSIBILITIES
- Work with the Portfolio Manager on electronic and non-electronic execution of all credit trades
- Maintain strong relationships with a broad set of liquidity providers
- Proactively monitor and assess portfolio risk exposures, in collaboration with the portfolio manager
- Track realized transaction costs and analyze execution quality stats
- Contribute to the internal development and external sourcing of execution algorithms
- Be responsible for position maintenance (e.g., CDS rolls) and be the point person working with the back office for corporate actions
- Contribute to the continuous improvement of the investment process, in collaboration with the rest of the team
REQUIREMENTS
- 3+ years of work experience as a credit trader in single-name CDS and/or corporate bonds.
- Experience with OMS/EMS platforms such as MarketAxess and TradeWeb
- Experience with credit ETFs, interest rate derivatives, or equity options markets is a plus
- Exposure to quantitative/systematic strategies is a plus
- Some programming skills are a plus (e.g., SQL, Python, Excel VBA) and a strong self-learner
- Tenacious, detail-orientated, organized, and proactive about potential operational risks
- Keen intuition for markets and a passion for studying them. Team player, driven and collaborative