The Opportunity
We are partnering with an asset manager to hire a Fixed Income Trader at AVP or VP level. This is not a pure execution role. You will be embedded within the central dealing team as a strategic partner to the portfolio management team, responsible for generating trade ideas, delivering market intelligence, and managing the full fixed income trading function across a broad range of instruments.
If you are a credit or fixed income trader who wants to move beyond flow execution and contribute to investment outcomes, this is worth an application.
What You'll Do
Trading & Execution
- Trade across a wide fixed income universe: cash bonds, repos, CDS/CDX, interest rate derivatives, FX, futures, structured products and convertible bonds.
- Ensure best execution on all orders while minimizing market impact and trading costs, maintaining rigorous trading discipline at all times.
Alpha Generation & Market Intelligence
- Proactively generate trade ideas across duration, beta and FX positioning to support the investment team's strategy.
- Monitor macro developments, market liquidity, technical trends and credit market dynamics, translating these into actionable insights for portfolio managers.
- Act as the investment team's front-line market intelligence resource, not just their order desk.
Primary Market (New Issue)
- Manage the full new issue process: terms review, order book maintenance, order submission, allocation tracking and settlement.
- Assess fair value and order book dynamics independently, providing a clear view on new issue attractiveness and supporting negotiation with the sell-side to improve allocation outcomes.
Counterparty & Relationship Management
- Build and maintain strong working relationships with banks and brokers across the credit and rates markets.
- Maintain strict confidentiality of investment strategies, positions and trading intentions at all times.
Multi-Asset & Liquidity
- Deepen expertise across MBS, CDS, FX and structured solutions, providing cross-asset trade recommendations with clear cost/risk/execution analysis.
- Monitor portfolio cash levels and deploy idle cash efficiently into repos, money market instruments and other high-quality liquidity products.
Candidate Profile
- 7-12 years of fixed income trading experience, either buy-side or sell-side (credit flow, bond trading, or fixed income sales trading).
- Strong product knowledge across cash bonds, credit derivatives, rates and/or structured products; prior exposure to Asian credit markets is a plus.
- A track record of contributing to investment outcomes beyond execution: generating trade ideas, assessing new issue value, or providing market colour to PMs.
- Primary market experience (new issue bookrunning, order management or allocation analysis) is highly valued.
- Sharp analytical mindset with strong market intuition; comfortable forming and defending views.
- Excellent communication skills; able to convey complex market information clearly and concisely to portfolio managers and senior stakeholders.
- High integrity, meticulous attention to detail and a strong compliance mindset.
- Bachelor's degree or above in Finance, Economics, Mathematics, Engineering or a related discipline; CFA or FRM is a plus.
- Strong command of English, Mandarin and Cantonese.