About the Role
The Investment Grade (IG) desk, part of Credit Flow Trading within Global Financing & Credit Trading, acts as a market maker in the Investment Grade Bond market. You will collaborate with the Institutional Client Group (ICG), Research Analysts, and Capital Markets to provide client liquidity and support Deutsche Bank’s new issue business. This role requires in-depth knowledge of existing Investment Grade markets and the ability to analyze credit/rate risk.
Responsibilities
- Act as a market maker to provide liquidity to clients in Investment Grade Bonds.
- Build franchise in sector and with clients to capture market share.
- Own and manage market risk exposure of trading positions.
- Leverage the ICG Credit sales team to source liquidity.
- Work closely with Desk Analysts to critically evaluate trading opportunities.
- Support Capital Markets in distributing new issues.
Requirements
- Extensive knowledge of the Investment Grade bond market and the US Investment Grade sector (Corps).
- Deep understanding of US client base and IG franchise.
- Established key relationships with US clients and knowledge of their trading interests.
- Experience in market-making Investment Grade Bond transactions.
- Understanding of risk management of trading desks.
- Understanding of existing relationships with buy-side clients active in this space.
- Interest in strong risk management and profitable trading.
Skills
- Investment Grade bond market knowledge
- US Investment Grade sector knowledge (Corps)
- US client base understanding
- IG franchise understanding
- Client relationship management
- Market-making Investment Grade Bond transactions
- Trading desk risk management
- Buy-side client relationship knowledge
- Risk management
- Profitable trading
- Actively learn from and support Senior Traders
- Building the Deutsche Bank IG franchise
- Generating trade ideas alongside Sales & Research
Location
- New York, NY
Work Type
- Hybrid
Experience Level
- Associate
Salary/Compensations
- $130,000 to $170,000
Benefits
- A diverse and inclusive environment that embraces change, innovation, and collaboration
- Generous vacation, personal and volunteer days
- Employee Resource Groups support
- Competitive compensation packages
- Health and wellbeing benefits
- Retirement savings plans
- Parental leave
- Family building benefits
- Educational resources
- Matching gift programs
- Volunteer programs
- Access to physical, emotional, and financial wellness benefits
About the Company
- For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities.
- Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division.
- Together we can make a great impact for our clients at home and abroad, securing their lasting success and financial security.
- More information at: Deutsche Bank Careers (db.com)
Equal Opportunity
- Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
- 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.
- Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law.
- Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.
