US Credit Derivative Trader - Director

Deutsche Bank
parental leave, remote work
United States, New York, New York
60 Wall Street (Show on map)
Apr 15, 2025
Job Description: Job Title: US Credit Derivative Trader Corporate Title: Director Location: New York, NY Overview The Credit derivatives desk is part of Credit Flow Trading, sitting within the Global Financing & Credit Trading (GF&CT) business unit. The trading desk acts as a market maker in Credit Single Name CDS & Options to provide liquidity to our clients. As a seasoned Director, partnering closely with the broader Credit Flow Trading team, Institutional Client Group (ICG), Research Analysts, and Capital Markets to drive business growth and support Deutsche Bank's new issue business. 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 Lead the team in acting as a market maker to provide liquidity to clients in Credit Single Name CDS Develop and execute strategic plans to build the franchise with clients and capture market share Oversee and manage the market risk exposure of trading positions, ensuring alignment with business objectives Leverage the ICG Credit sales team to source liquidity and drive business growth Collaborate with Desk Analysts to critically evaluate trading opportunities and identify areas for improvement How You'll Lead Provide strategic guidance and mentorship to junior Traders on the desk, developing their skills and expertise; foster a culture of innovation, collaboration, and risk management within the team Drive business growth by building the Deutsche Bank Credit franchise with clients and capturing market share Generate trade ideas alongside Sales & Research, leveraging your expertise and market knowledge Skills You'll Need Proven track record as a senior trader in Credit derivative or leader in the Credit Single Name CDS market, with experience on the buy/sell side Established relationships with buy-side clients active in this space, with a strong network and market presence Deep knowledge of the derivatives market and experience trading this sector, with a strong understanding of risk management and profitable trading strategies Skills That Will Help You Excel Excellent communication skills, both written and spoken Self-motivated Self-starter Expectations It is the Bank's expectation that employees hired into this role will work in the New York, NY 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 $200K to $485K. 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 The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice, please emailHR.Direct@DB.com. #LI-HYBRID 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. We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices:EEOC Know Your Rights;Employee Rights and Responsibilities under the Family and Medical Leave Act;Employee Polygraph Protection ActandPay Transparency Nondiscrimination Provision.