Job Description:Employer:DWS Group
Title:Credit Trader – Investment Grade & High Yield
Location:New York
Job Code: #LI-MB1 #LI-02
Team Division Overview
The Global Trading Team at DWS is a key part of the investment process and has a primary goal of achieving best execution results for the firm’s clients. The team covers a wide range of products (across asset classes) and markets globally. Trading is seeking a candidate to join the Americas Trading team in New York.
The individual will primarily focus on trading Credit (Investment Grade and High Yield) securities for mutual funds, institutional accounts and ETFs.
Role Details
As a Credit Trader you will be responsible for:
Execute portfolio manager generated Investment Grade Credit and High Yield orders (across multiple venues) in compliance with trading procedures and portfolio guidelines
Help build relationships with the broker-dealer community to facilitate improved New Issue Allocations, market intelligence and act as a point of contact for the platform
Participate in internal meetings with Portfolio Managers and Research as part of the investment decision making process
Increase efficiency of execution services and help build automated solutions for the desk’s processes and order flow
Be a team player and take part in value additive liquidity dialogue & solutions (incl. relative value, trade ideas, difficult to trade situations, alternative investments/comparable securities, New Issue color)
Act as a culture carrier and foster successful relationships and interactions with Operations, Technology, Compliance, Risk and Audit
We are looking for:
Proven trading experience in execution of both High Yield and Investment Grade Credit securities
Understanding of industry recognized analytic and trading systems including Bloomberg, MarketAxess and Tradeweb. Experience with BRS Aladdin a plus
Demonstrated process improvement through automation of order flow or similar skillset (coding skills should include familiarity with: Python, JavaScript, SQL)
Strong written and oral communication skills
Undergraduate degree with a preference towards a Bachelor’s degree in a finance-related or computer science field
What we’ll offer you:
At DWS we’re serious about diversity, equity and creating an inclusive culture where colleagues can be themselves sand it’s important to us that you enjoy coming to work - feeling healthy, happy and rewarded. At DWS, you’ll have access to a range of benefits which you can choose from to create a personalized plan unique to your lifestyle. Whether you’re interested in healthcare, company perks, or are thinking about your retirement plan, there’s something for everyone.
The salary range for this position in New York is $104,000 to $173,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
At DWS, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click to learn more!
DWS’ Hybrid Working model is designed to find the right balance between in-person collaboration and engagement in the office, which is core to our working culture, and working from home. Each business group varies on the split between time spent in the office and at home, but this will be discussed and made clear as part of your application and interview process. We will continue to review and evolve our working environments and methods to ensure that we are working in the best way possible for our people.
If you require any adjustments or changes to be made to the interview process for any reason including, or related to a disability or long-term health condition, then please contact your recruiter and let them know what assistance you may need. Examples of adjustments include providing a change to the format of the interview, or providing assistance when at the DWS office. This will not affect your application and your recruitment team will discuss options with you.
