Role

An Ecliptic portfolio management team specializing in systematic trading of US credit markets is looking for a highly talented Execution Trader. This role offers an opportunity to source liquidity (both electronic and voice) in the credit markets, pilot automated trading systems, and play a key role in the investment process.

Responsibilities

- Collaborate with the Portfolio Manager on the electronic and non-electronic execution of all credit trades

- Maintain strong relationships with a wide range of liquidity providers

- Proactively monitor and assess portfolio risk exposures, working with the portfolio manager

- Track realized transaction costs and analyze execution quality statistics

- Contribute to the internal development and external sourcing of execution algorithms

- Oversee position maintenance (e.g., CDS rolls) and act as the primary liaison with the back office for corporate actions

- Contribute to the ongoing improvement of the investment process, collaborating with the team

Requirements

- 3+ years of experience as a credit trader, specializing in single-name CDS and/or corporate bonds

- Familiarity with OMS/EMS platforms such as MarketAxess and TradeWeb

- Experience with credit ETFs, interest rate derivatives, or equity options markets is a plus

- Exposure to quantitative/systematic strategies is a plus

- Some programming skills (e.g., SQL, Python, Excel VBA) and a strong ability to self-learn

- Tenacious, detail-oriented, organized, and proactive about identifying potential operational risks

- Strong intuition for markets and a passion for studying them

- Team player, driven, and collaborative

Compensation

- Annual base salary: $150,000 – $200,000 (USD)

- Discretionary bonus compensation

- Comprehensive benefits package

- Actual compensation may vary based on location, experience, education, and skill level