High Yield Credit Trader - Vice President

Job Description:Job Title High Yield Credit TraderCorporate Title Vice PresidentLocation New York, NYOverviewThe 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.What We Offer You A diverse and inclusive environment that embraces change, innovation, and collaborationA hybrid working model, allowing for in-office work from home flexibility, generous vacation, personal and volunteer daysEmployee Resource Groups support an inclusive workplace for everyone and promote community engagementCompetitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefitsEducational resources, matching gift, and volunteer programsWhat You'll Do Act as a market maker to provide liquidity to our clients in High Yield BondsBuild your franchise in your sector & with clients to capture market shareOwn & manage the market risk exposure of your trading positionsLeverage the ICG Credit sales team to source liquidityWork closely with Desk Analysts to critically evaluate trading opportunitiesSupport Capital Markets in distributing new issuesHow You'll LeadResponsibility for training junior Traders on the deskBuilding the Deutsche Bank Credit franchise with clients & capturing market shareGenerating trade ideas alongside Sales & ResearchSkills You'll Need Previous experience in the High Yield Credit market either on the buysell sideExisting relationships with buy-side clients active in this spaceStrong knowledge of the High Yield Credit sector & ideally experience trading this sector beforeHistory of strong risk management and profitable tradingSkills That Will Help You ExcelSelf-motivatedSelf-starterExpectationsIt 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 andor 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.Deutsche Bank Benefits At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!Learn more about your life at Deutsche Bank through the eyes of our current employees: California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice please email .#LI-HYBRID #LI-REMOTE #LI-ONSITEWe 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 - VeteransDisabled and other protected categories. Click these links to view the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.

Created: 2025-01-15