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Investment Grade Credit Trader

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Vanguard

Jan 22

  • Job
    Full-time
    Mid & Senior Level
  • Banking & Finance
  • Malvern
  • Quick Apply

AI generated summary

  • You need 3-5 years in corporate bond/credit derivatives trading, a finance/economics degree, teamwork skills, CFA preferred, and programming experience (Python) is a plus.
  • You will execute IG corporate bond trades, monitor valuations, recommend strategies, interact with analysts, manage risks, and build relationships with dealers for optimal trading efficiency.

Requirements

  • At least 3-5 years of trading experience in corporate bonds and/or credit derivatives required.
  • Passion for investing and a consistent track record of value creation through idea generation and innovation.
  • Consistent record of working in a team-based environment.
  • Undergraduate degree in finance or economics or equivalent combination of training and experience required.
  • CFA designation is preferred.
  • Previous computer programming experience or familiarity with programming languages (i.e. Python) is preferred.

Responsibilities

  • Negotiate and execute IG corporate bond trades for Vanguard's actively managed fixed income funds while striving for best execution.
  • This is a risk-taking position. Trader can act within a level of discretion set by portfolio managers.
  • Monitor fundamentals and technical valuations to help identify investment opportunities. Recommend trades and strategies to capitalize on ideas. Execute trades, manage risks, and track performance.
  • Proactively interact with credit research analysts while evaluating investment ideas and opportunities.
  • Build and maintain strategic relationships with security dealers, and leverage relationships to improve the operational efficiency and trading execution.
  • Participates in special projects and performs other duties as assigned.

FAQs

What is the primary responsibility of the Investment Grade Credit Trader?

The primary responsibility of the Investment Grade Credit Trader is to negotiate and execute IG corporate bond trades for Vanguard's actively managed fixed income funds while striving for best execution.

What qualifications are required for this position?

The qualifications required for this position include at least 3-5 years of trading experience in corporate bonds and/or credit derivatives, a passion for investing, a consistent track record of value creation, an undergraduate degree in finance or economics, and a CFA designation is preferred.

Is this a risk-taking role?

Yes, this is a risk-taking position where the trader can act within a level of discretion set by portfolio managers.

What programming skills are preferred for this role?

Previous computer programming experience or familiarity with programming languages, such as Python, is preferred for this role.

What is the work schedule for this position?

This is a work from office role, and the schedule is Monday to Friday.

Does Vanguard offer visa sponsorship for this position?

No, Vanguard is not offering visa sponsorship for this position.

How does Vanguard approach diversity, equity, and inclusion?

Vanguard is committed to diversity, equity, and inclusion (DEI) as central to its mission and strives to create an inclusive, equitable, and diverse work environment that enables employees to thrive.

What kind of team environment is expected in this role?

A consistent record of working in a team-based environment is expected in this role, as collaboration with portfolio managers, traders, and analysts is essential.

How does this role interact with credit research analysts?

The trader is expected to proactively interact with credit research analysts while evaluating investment ideas and opportunities.

What types of opportunities are present for traders in this position?

This role offers significant opportunity and expectations to make valuable contributions to Vanguard's actively managed fixed income funds through collaboration and idea generation.

Finance
Industry
10,001+
Employees
1975
Founded Year

Mission & Purpose

We are a community of 50 million who think—and feel—differently about investing. Together, we’re changing the way the world invests. Since our founding in 1975, helping investors achieve their goals has been our main reason for existence. At Vanguard, we’re built differently. Vanguard is investor-owned, meaning the fund shareholders own the funds, which in turn own Vanguard. When you’re surrounded by people who care about the same things, things tend to fall into place. With no other parties to answer to and therefore no conflicting loyalties, we make every decision—including keeping investing costs as low as possible—with your needs in mind. Because of our unique structure, your goals align with our goals. Whether you’re investing for your first house, college for your kids, or a comfortable retirement, you can be confident we’re on your side. That’s the value of ownership!