Description
We are seeking an experienced Managing Director to lead our Asia Credit Trading business.
This role offers the opportunity to shape the secondary trading strategy across corporate bonds and structured credit products, lead a high-performing trading desk, and contribute to the continued growth of our Global Credit Trading franchise.
You will combine leadership responsibility with hands-on market engagement, working closely with institutional clients and partnering across Sales, Research and Capital Markets to deliver relevant market insight and trading solutions.
Responsibilities
- Lead the strategic and operational direction of the Asia Credit Trading business, with responsibility for trading performance, risk management and operational effectiveness.
- Act as a producing manager, making markets and providing liquidity in corporate bonds while maintaining close engagement with institutional clients.
- Work collaboratively across Sales, Research and Capital Markets to strengthen client connectivity and support the growth of the broader credit franchise.
- Develop and execute the secondary trading strategy for corporate bonds and structured credit products, with a focus on sustainable profitability and alignment with broader business objectives.
- Lead the day-to-day management of the trading desk, maintaining appropriate oversight of performance, risk appetite and operational efficiency.
- Act as a producing manager by making markets and providing liquidity in corporate bonds to institutional clients.
- Manage risk across corporate credit portfolios, including hedging at both individual instrument and portfolio level, and work closely with Research to assess credit quality and risk.
- Oversee the business balance sheet and manage open positions in line with established risk parameters.
- Develop and communicate trade ideas supported by relevant analysis and actionable market insight.
- Partner closely with Sales to understand client objectives and provide appropriate trading solutions.
- Work with Capital Markets colleagues to provide market colour, views and intelligence relevant to market conditions and issuing clients.
- Contribute to market commentary and client engagement activities that support the continued development of the credit trading franchise.
- Build and maintain strong relationships across institutional investor communities, including long-only funds, hedge funds and distressed investors.
- Ensure activities are conducted in accordance with applicable organisational policies, risk parameters and control standards.
Requirements
- 15+ years of corporate bond trading experience, with deep relationships across long-only funds, hedge funds and distressed investor communities.
- 10+ years of experience in senior and/or supervisory roles on a corporate bond trading desk, including leading consistently profitable teams and contributing to market-share growth.
- Extensive credit expertise, including financial statement analysis and strong knowledge of covenants.
- Advanced fixed income analytical skills, with the ability to assess new information quickly and translate it into practical trading decisions.
- Proven ability to manage risk and execute complex strategies across corporate credit portfolios.
- Strong track record of individual trading performance and delivery against business objectives.
- Excellent interpersonal and communication skills, with the ability to build trusted client relationships and collaborate effectively across functions.
- Highly motivated, self-directed and able to perform effectively in a team-oriented environment.