Job Description

Job Title Investment Grade Trader

Corporate Title Associate

Location New York, NY

The Investment Grade (IG) desk is part of Credit Flow Trading, sitting within the Global Financing & Credit Trading business unit. The trading desk acts as a market maker in the Investment Grade Bond market. You will partner closely with the Institutional Client Group (ICG), Research Analysts and Capital Markets to provide liquidity to our clients & support Deutsche Bank’s new issue business. Will require in-depth knowledge about existing Investment Grade markets and ability to analyze credit/rate risk.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration

• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift, and volunteer programs

What You’ll Do

• Act as a market maker to provide liquidity to our clients in Investment Grade Bonds

• Build your franchise in your sector & with clients to capture market share

• Own & manage the market risk exposure of your trading positions

• Leverage the ICG Credit sales team to source liquidity

• Work closely with Desk Analysts to critically evaluate trading opportunities

• Support Capital Markets in distributing new issues

Skills You’ll Need

• Extensive knowledge of the Investment Grade bond market and the US Investment Grade sector (Corps)

• Deep understanding of US client base and IG franchise

• Key relationships established with US clients and knowledge of their trading interests

• Experience in market-making Investment Grade Bond transactions

• Understanding of risk management of trading desks and understanding of existing relationships with buy-side clients active in this space

• An interest in strong risk management and profitable trading

Skills That Will Help You Excel

• Actively learn from and support Senior Traders on the desk

• Assist in building the Deutsche Bank IG franchise with clients & capturing market share

• Support in generating trade ideas alongside Sales & Research

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $130,000 to $170,000. 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.

Deutsche Bank Benefits

At Deutsche Bank, 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 here to learn more!

Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life

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We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act