Global Credit Trading - Credit Trader, Japan - up to Director,

Posted One Month Ago
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Tokyo, JPN
In-Office
Expert/Leader
Fintech • Financial Services
The Role
Manage Yen-denominated credit bond trading, market making, client relationships, risk and inventory management. Develop trading strategies using fundamental, technical and relative-value analysis; manage credit, interest-rate and FX exposures; partner with Sales and internal teams to grow the franchise; monitor market and regulatory developments; optimize profitability and balance sheet usage; and mentor junior traders.
Summary Generated by Built In
Job Description:

Details of the Division and Team:    

Japan Credit Trading conducts market making and client transactions in domestic and foreign credit products including bonds (corporate, government and others), loans, other monetary claims, convertible bonds, equity, credit derivatives including credit default swaps, asset backed securities, other derivatives and swaps. Also performs risk and inventory management of the proprietary transactions by using domestic and foreign credit products.

A new team member will be requested with skills to analyze, execute and monitor credit products with a value-driven and a sustainable performance.

What we will offer you:         

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

  • Corporate Group Insurance – premium borne by company
  • Annual health checkup – cost borne by company (once a year; conditions apply)
  • Flexible Work Arrangements – various ways to work, to fit employees’ needs
  • Child care and elderly care benefits – corporate discount through designated child care & elderly care vendors
  • EAP – free and confidential counseling, online work-life resources
  • Employee networks – Diversity, volunteering, sports, family care - various activities to participate
  • Special leaves entitlement

Your key responsibilities:

  • Manage Yen-denominated credit bond trading, market-making and risk management for domestic and international investors.
  • Grow Deutsche Bank's Yen credit trading franchise through client engagement and business development.
  • Manage credit, interest rate and FX risks in a disciplined and strategic manner.
  • Generate trading ideas through fundamental, technical and relative value analysis.
  • Partner with Sales to identify client demand and deliver investment and execution solutions.
  • Build relationships with clients, issuers and internal stakeholders to maximize business opportunities.
  • Monitor market, regulatory and macro developments and incorporate them into trading and risk strategies.
  • Mentor junior team members and contribute to a high-performance trading culture.
  • Take ownership of desk strategy, profitability and balance sheet optimization.

Your skills and experience:

  • Proven experience managing credit risk and trading positions across credit markets.
  • Strong understanding of credit products, financial analysis and risk management.
  • Sound knowledge of regulatory, compliance and legal considerations relevant to trading activities.
  • Strong communication skills and ability to work effectively across Sales, Research, Syndicate, Risk and Operations.
  • Fluent in Japanese and English; native-level Japanese is required for client engagement.
  • Strong commercial mindset, resilience and ability to perform in a fast-paced environment.
  • Excellent judgment with the ability to identify risks, opportunities and mitigating factors.
  • Extensive experience trading Yen-denominated credit bonds; experience in non-Yen credit and CDS markets is an advantage.
  • Strong understanding of the Japanese institutional investor landscape and market structure.
  • Ability to connect domestic and international investor flows, identify cross-border opportunities and drive franchise revenue growth.

How we’ll support you:        

  • Flexible working to assist you balance your personal priorities
  • Coaching and support from experts in your team
  • A culture of continuous learning to aid progression
  • A range of flexible benefits that you can tailor to suit your needs
  • Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

Deutsche Bank & Diversity

We 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.

Skills Required

  • Proven experience managing credit risk and trading positions across credit markets
  • Strong understanding of credit products, financial analysis and risk management
  • Knowledge of regulatory, compliance and legal considerations relevant to trading activities
  • Strong communication and cross-functional collaboration skills
  • Fluent in Japanese and English
  • Native-level Japanese for client engagement
  • Strong commercial mindset, resilience and ability to perform in a fast-paced environment
  • Excellent judgment in identifying risks, opportunities and mitigating factors
  • Extensive experience trading Yen-denominated credit bonds
  • Experience in non-Yen credit and credit default swap markets
  • Strong understanding of the Japanese institutional investor landscape and market structure
  • Ability to connect domestic and international investor flows and drive franchise revenue growth

Deutsche Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Deutsche Bank and has not been reviewed or approved by Deutsche Bank.

  • Healthcare Strength — Health coverage is positioned as comprehensive, spanning multiple medical plan options along with dental, vision, prescription coverage, life insurance, and disability protection.
  • Leave & Time Off Breadth — Time away is described as generous, including annual leave, sick leave, public holidays, wellbeing leave, volunteering leave in some regions, and expanded bereavement leave in certain locations.
  • Retirement Support — Retirement support is presented as a matched savings plan (401(k)), reinforcing longer-term financial security as part of the rewards package.

Deutsche Bank Insights

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The Company
HQ: Frankfurt am Main
68,787 Employees

What We Do

At Deutsche Bank, we give original thinkers the space and support they need to shine. Merging local knowledge with global vision, in-depth insight with industry-leading digital expertise, if you’re an innovator by nature, we can help you to unleash your potential. We see things differently at Deutsche Bank – and we’re proud of our fresh perspective. Today, we’re driving growth through our strong client franchise, investing heavily in digital technologies, prioritising long-term success over short term gains, and serving society with ambition and integrity. Wherever your interests lie – in investment banking, trading, private wealth, asset management, retail banking - or many of the infrastructure functions that support them – you’ll discover resources, training and opportunities designed to keep you ahead of the curve. Intelligence has no boundaries: we welcome high-achieving, talented individuals from any background. If you’re full of imagination, enjoy solving problems and respond positively to complex challenges, discover a career to look forward to and join us!

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