Job Title: Fixed Income Trader
Location: London, UK
Industry: Investment Banking / Asset Management / Hedge Fund
About the Role:
A leading investment firm in London is seeking a highly skilled Fixed Income Trader to join its trading desk. The successful candidate will be responsible for executing trades across global fixed income markets, managing risk, and identifying profitable trading opportunities. This role requires deep market knowledge, strong analytical skills, and the ability to navigate complex macroeconomic environments.
Key Responsibilities:
Trading & Market Execution
* Execute fixed income trades across government bonds, corporate bonds, sovereign debt, structured products, and derivatives.
* Monitor real-time market trends and liquidity conditions to optimize trade execution.
* Develop and implement trading strategies to maximize profitability within defined risk limits.
* Work with sales teams and portfolio managers to structure and execute large block trades.
Market & Risk Analysis
* Conduct fundamental and technical analysis of fixed income securities, credit spreads, and yield curves.
* Monitor global economic indicators, central bank policies, and geopolitical risks affecting fixed income markets.
* Use quantitative models and trading algorithms to support decision-making and risk management.
* Work closely with risk management teams to ensure positions comply with internal and regulatory risk controls.
Relationship Management
* Build and maintain strong relationships with brokers, market makers, and institutional clients.
* Negotiate trade pricing and execution with counterparties to secure optimal deal structures.
* Work collaboratively with research analysts, quants, and sales teams to enhance trade ideas and market insights.
Regulatory & Compliance Oversight
* Ensure all trading activities comply with MiFID II, Basel III, and other financial regulations.
* Maintain detailed trade records and ensure transparency in reporting and compliance.
* Liaise with compliance teams to ensure adherence to trading policies and best execution standards.
Key Requirements:
* Experience: 3-7 years of experience in fixed income trading within an investment bank, asset manager, or hedge fund.
* Product Knowledge: Expertise in government bonds, corporate bonds, high-yield, emerging market debt, CDS, and fixed income derivatives.
* Market Understanding: Strong grasp of interest rates, credit markets, inflation trends, and central bank policies.
* Technical Skills: Proficiency in Bloomberg, Tradeweb, Reuters, and electronic trading platforms.
* Quantitative Skills: Ability to analyze market data, pricing models, and quantitative risk metrics.
* Education: Degree in Finance, Economics, Mathematics, or a related field. A CFA or FRM qualification is a plus.
* Regulatory Knowledge: Understanding of MiFID II and other fixed income market regulations.
* Communication Skills: Ability to convey complex trade ideas and market insights effectively to stakeholders.