At a Glance
- Tasks: Join a dynamic team trading European Financials and make impactful market decisions.
- Company: ING, a leading financial institution with a focus on innovation.
- Benefits: Competitive salary, professional development, and a fast-paced work environment.
- Other info: Collaborative culture with opportunities for growth and learning.
- Why this job: Be at the forefront of financial market transformation using data analytics and technology.
- Qualifications: University degree and 2+ years in Financials credit trading required.
The predicted salary is between 36000 - 60000 £ per year.
Global Credit Trading team ("GCT") is responsible for credit trading in Emerging Europe, Asia and European IG, Financials, 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 interacts 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 European Financials Credit Trading desk EMEA within GCT - a 4 member team trading European Financials 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 Financials preferably SNP/T2.
- Make markets competitively and consistently to the firm's clients with the objective of producing stable sustainable revenue across the credit cycle.
- Meet pnl targets and ensure proper risk management.
- Provide cover and trade in other Financials 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).
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 2 years of Financials credit trading experience. Excel, Word and PowerPoint. Good understanding of fixed income products.
- 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.
Credit Trader employer: ING Group
At ING, we pride ourselves on being an exceptional employer, particularly for our Credit Traders in London. Our dynamic work culture fosters innovation and collaboration, providing employees with ample opportunities for professional growth and development. With a strong emphasis on technology and data analytics, we empower our team members to lead change in the financial markets while enjoying a supportive environment that values adaptability and resilience.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Trader
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working in credit trading. Attend events, webinars, or even casual meet-ups. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Show off your skills! If you've got experience with coding or data analytics, make sure to highlight that in conversations. Bring it up when chatting with potential employers or during interviews. It’s all about demonstrating how you can add value to their team.
✨Tip Number 3
Stay updated on market trends! Read up on the latest news in financial markets and credit trading. Being knowledgeable will not only help you in interviews but also show that you're genuinely interested in the field and ready to hit the ground running.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities waiting for you. By applying directly, you’ll ensure your application gets the attention it deserves. Plus, it’s a great way to show your enthusiasm for joining our team!
We think you need these skills to ace Credit Trader
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Credit Trader role. Highlight your experience in financials credit trading and any relevant skills, like coding or data analysis. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about credit trading and how your background aligns with our needs. Keep it concise but impactful – we love a good story!
Showcase Your Skills:Don’t forget to showcase your technical skills, especially if you have experience with Excel, Python, or Java. We’re all about using technology to improve performance, so let us know how you can contribute!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and get you into our system quickly. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at ING Group
✨Know Your Credit Products
Make sure you have a solid understanding of the fixed income products you'll be trading, especially in Financials. Brush up on your knowledge of bonds and CDS, and be ready to discuss how market conditions affect pricing and trading strategies.
✨Showcase Your Analytical Skills
Since data analytics is key in this role, prepare to demonstrate your analytical abilities. Bring examples of how you've used data to inform trading decisions or improve performance in previous roles. If you have coding skills, like Python or Java, be ready to talk about how you've applied them in a trading context.
✨Emphasise Adaptability
The environment is fast-paced and fluid, so highlight your ability to learn quickly and adapt. Share specific instances where you've successfully navigated changes or challenges in your previous roles, showcasing your resilience and problem-solving skills.
✨Communicate Clearly and Confidently
As a trader, you'll need to interact with various teams, so practice clear and concise communication. Prepare to explain complex concepts simply and be ready to provide market colour to clients and colleagues. Confidence in your communication will help you stand out.
