Job Title: Credit Trader
Department Overview:
Global Credit Trading team (“GCT”) is responsible for credit trading in Emerging Europe, Asia and European IG, Covered Bonds, HY and US IG. The group is an active market maker in hard currency credit and supports primary bond activity. Flow trading, credit analysis, pricing, structuring, execution, hedging, electronic/voice trading and distribution are key components of the business. The team interact daily with Sales, Research and DCM/Syndicate.
GCT aims to be at the front of the ongoing transformation in financial markets aided by data analytics and systematic trading. Successful candidates will be change leaders, with ambition to improve performance through the adoption of technology.
Main Duties and Responsibilities of Role:
GCT operates in a high paced environment and is looking for a candidate who can learn quickly and adapt to this fluid environment. The candidate will be part of the EM Credit Trading desk within GCT and work closely with 4 other team members trading overall Emerging Markets in EMEA and interact regularly with Sales, Syndicate, Research and Risk Management functions. It is essential that the candidate has a solid track record in trading Emerging Markets CEEMEA risk as he/she is expected to start trading straight away.
Make markets competitively and consistently in Emerging Markets hard currency cash products to the firm’s clients with the objective of producing stable sustainable revenue across the credit cycle.
Provide cover and trade in other Emerging Market sectors covered at the desk
Maintain an active trading style and provide market colour to clients, sales and DCM.
Use and promote technology proactively
Identify opportunities to increase market share & product income and execute initiatives to achieve it.
Promote ING's Credit Trading franchise.
Trade in various markets (bonds/CDS).
Qualification/Education
Essential:
University degree (at least 2:1).
Desirable:
University degree from a top university most likely in a maths/finance/economics/engineering subject
Advanced degree (post-graduate).
Experience/Knowledge
Essential:
At least 5 years of Emerging Markets credit trading experience preferably with a focus on MENA Corps and Fins.
Excel, Word and PowerPoint.
Good understanding of fixed income products
Desirable:
Coding Skills: Python, Java
Personal Competencies
Essential:
Can do’ attitude, positive mind set, adaptability and resilience.
Curious, entrepreneurial and innovative problem solver.
Genuine team player.
Clear, concise and transparent communicator.
Disciplined, customer-focused and results-driven.
Attention to detail and disciplined.
Able to work under pressure and in a high-paced environment.
Ability to ingest large amounts of data under time pressure.
Accountable for own actions and able to learn from mistakes.
Desirable:
Other languages
Top Skills
What We Do
ING is a pioneer in digital banking and on the forefront as one of the most innovative banks in the world. As ING, we have a clear purpose that represents our conviction of people’s potential. We don’t judge, coach, or tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realise their vision for a better future. We made the promise to make banking frictionless, removing barriers to progress, and make people confident in their financial decisions. As a global bank we have a huge opportunity – and responsibility – to make an impact for the better. We can play a role by financing change, sharing knowledge, and innovating. Being sustainable is in all the choices we make—as a lender, as a partner and through the services we offer our customers
