At a Glance
- Tasks: Execute trading strategies in EU sovereign credit and manage risk portfolios.
- Company: Dynamic firm expanding its Fixed Income team with a focus on innovation.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity to build relationships and enhance market insights in a growing division.
- Why this job: Join a cutting-edge team and make impactful decisions in the financial markets.
- Qualifications: 3+ years of trading experience and strong analytical skills required.
The predicted salary is between 81000 - 99000 £ per year.
Location: London, United Kingdom
Reports to: Head of Fixed Income Trading
Position Overview
We are expanding our Fixed Income team, the firm’s newest division launched in 2023, and are seeking a highly experienced EU Sovereign Credit Trader. The ideal candidate will have deep expertise in European sovereign credit markets, executing trades and managing positions across EU sovereign bonds, CDS, and related instruments, with a strong track record of generating P&L and deep knowledge of macroeconomic, fiscal, and political developments.
Key Responsibilities
- Execute proprietary trading strategies in EU sovereign credit, including bonds, CDS, and related instruments
- Monitor market flows, liquidity, and pricing to ensure optimal execution
- Identify and act on trading opportunities in response to macroeconomic, fiscal, and political developments
- Develop and implement medium- to long-term EU sovereign credit strategies
- Conduct in-depth analysis of European macroeconomic indicators, fiscal policies, central bank actions, and political events affecting sovereign credit
- Manage a proprietary risk portfolio, evaluating credit, duration, and currency exposures with disciplined risk‑reward oversight
- Collaborate with research, risk, and other traders to refine strategies and enhance market insights
- Build relationships with brokers, counterparties, and research providers to strengthen the firm’s EU sovereign credit franchise
Qualifications
- Minimum 3 years of trading experience in EU sovereign credit instruments, including bonds and CDS
- Deep understanding of European sovereign debt markets, macroeconomic factors, and central bank policies
- Strong analytical and quantitative skills; ability to translate complex market data into actionable strategies
- Proven track record of P&L generation and risk management in volatile markets
- Excellent communication skills; fluent in English, additional EU languages a plus
- Bachelor’s degree in Finance, Economics, or a related field; CFA or advanced degree preferred
EU Sovereign Credit Trader employer: Mamoru
AP Capital is an exceptional employer, offering a dynamic and collaborative work environment in the heart of London. As a proprietary trader focused on macro rates, you will benefit from competitive salaries, performance-based bonuses, and ample opportunities for professional growth and development. Join us to be part of a forward-thinking investment firm that values innovation and teamwork while navigating global markets.
