Credit Solutions Trader - VP/Director
Role Overview
The Credit Trading team is seeking an experienced structured and derivative credit products credit trader to join its European platform, based in London or Paris. The successful candidate will contribute to P&L generation, balance sheet optimisation, and the development of innovative credit payoffs across global markets.
Key Responsibilities
- Trade, risk-manage, and develop a portfolio of structured credit and credit derivative products, such as:
- Credit-Linked Notes (CLNs)
- Index and bespoke tranches
- Synthetic CDOs
- Repacks
- Total Return Swaps (TRS) and other structured solutions
- Support and originate client-driven solutions, including flow structured notes and bespoke credit strategies.
- Monitor and reconcile daily P&L, ensuring transparency and consistency across regional trading books.
- Contribute to global coordination across Europe, the US, and Asia to ensure cohesive risk management and product strategy.
- Ensure trading activity complies with internal risk limits, regulatory frameworks, and control standards.
Required Qualifications & Experience
- 7+ years of experience within Structured Credit Trading or Credit Derivatives.
- Exposure to solutions-driven credit trading, rather than purely flow trading.
- Strong understanding of:
- Credit markets and spread dynamics
- Correlation and tranche risk
- Structured note mechanics and lifecycle management
- Proven ability to manage risk and P&L within a high-performing trading environment.
- Hands-on experience with pricing models, valuation methodologies, and structured product analytics.
- Excellent programming and analytical skills (e.g. Python, R, VBA, C++, Bloomberg).
- Strong communication skills with the ability to interact effectively with sales, structuring, quants, and risk teams.
Personal Attributes
- Entrepreneurial mindset with a strong sense of ownership for risk and results.
- Highly analytical, structured thinker with strong attention to detail.
- Comfortable working in fast-paced, high-pressure trading environments.
- Collaborative and intellectually curious, with an interest in product innovation.
Please apply today to learn more about this opportunity.
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