VP, Credit Trader

Bracebridge Capital

$200K — $250K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of credit trading experience, especially in high yield and distressed markets
  • Buy side experience preferred, indicating a focus on investment management
  • Strong analytical and quantitative background
  • Excellent verbal and written communication skills
  • Solution-oriented with a proactive work ethic
  • Ability to thrive in fast-paced trading environments

Responsibilities

  • Trade high yield bonds, leveraged loans, and related equity instruments
  • Implement and ensure best execution of all trading strategies
  • Maintain daily communication with counterparties in sales and trading
  • Source investment opportunities using fundamental and relative value analysis
  • Develop tools for screening and monitoring investment opportunities
  • Collaborate with various teams including research, legal, and technology to implement strategies

Benefits

  • Collaborative work environment with cross-functional teams
  • Opportunities to develop and present analytical insights to senior professionals
  • Involvement in dynamic trading of diversified credit instruments
  • Potential for exposure to distressed and opportunistic credit markets
  • Focus on sourcing innovative investment strategies
Full Job Description
We are currently seeking an experienced Credit Trader focused on relative value in the High Yield, Stressed, Distressed and Opportunistic Credit spaces. The primary responsibilities of this position will include working closely with Portfolio Managers to trade investments, monitor asset performance, source external ideas, and provide the senior investment team with detailed analytics, screening, and liquidity analysis of investments. Responsibilities: • Trade high yield bonds, leveraged loans, on both par and distressed documents, credit derivatives, common and reorganized equity • Implementation and best execution of all mandates • Maintain strong counterparty relationships with daily interaction across sales, trading and syndicate • Source and develop investment ideas through fundamental and relative value • Build and maintain screening tools to identify opportunities, monitor markets, and support investment decision-making • Work collaboratively with investment, research, legal, operations, and technology professionals across the firm to drive successful implementation of investment strategies Qualifications: • Minimum of 5-7 years of relevant experience including expertise trading high yield bonds, leveraged loans, stressed credit, and related derivatives and equity. Long and short • Buy side experience preferred • Strong quantitative, analytical, and communication skills • Solution-oriented, intellectually curious, hard-working • Ability to work in a fast-paced environment • Effective presentation skills to share analysis with senior investment professionals Current anticipated annual base salary range: $200k - $250k Base salary within the range will be determined by various factors including but not limited to the individual's experience, skills and qualifications

Similar Jobs

More Jobs at Bracebridge Capital

  • VP, Credit Trader
    $200K — $250K *
    Boston, MA 02115 (Suffolk County)
    Finance & Insurance
    In-Person

More Finance & Insurance Jobs

Find similar VP, Credit Trader jobs: