Department Overview: The Global Credit Trading team ("GCT") is responsible for credit trading in Emerging Europe, Asia, and European IG, Covered Bonds, SSA, HY, and US IG. The group is an active market maker in 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 interacts daily with Sales, Research, and DCM/Syndicate. GCT aims to be at the forefront of the ongoing transformation in financial markets aided by data analytics and systematic trading. Successful candidates will be change leaders, with the 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 Credit Trading team and work closely with four other team members trading Financial Credit, including Covered & SSA, in London and interact regularly with Sales, Syndicate, Research, and Risk Management functions. It is essential that the candidate has a solid track record in trading Covered/SSA risk as he/she is expected to start trading straight away. Make markets competitively and consistently in Covereds/SSA products to the firm’s clients with the objective of producing stable sustainable revenue across the credit cycle. 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/swaps/futures).
Candidate Profile 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 trading experience in Covered and/or SSA. Proficiency in Excel, Word, and PowerPoint. Good understanding of fixed income products and bank fundamental analysis. A meaningful client network within the product. Desirable: Coding Skills: Python, Java.
Personal Competencies Essential: Can do attitude, positive mindset, 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.
Covered Bonds/SSA Trader (VP or Director) employer: ING
Contact Detail:
ING Recruiting Team