Job Description:
Job Title
Distressed Debt Trader
Location
London
Corporate Title
Director
As a Distressed Debt Trader, you will coordinate with all functions within the broader Distressed Products Group (analysts, sales and legal) to identify and execute trades in partnership with the clients including institutional investors and hedge funds.
You will be required to manage and understand the ongoing risk management of these positions in conjunction with the analyst.
What we'll offer you
A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That's why we are committed to providing an environment with your development and wellbeing at its centre.
You can expect:
- Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a Hybrid Working Model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
- Competitive salary and non-contributory pension
- 30 days' holiday plus bank holidays, with the option to purchase additional days
- Life Assurance and Private Healthcare for you and your family
- A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
- The opportunity to support a wide ranging CSR programme + 2 days' volunteering leave per year
Your key responsibilities
- Work with team to generate new trade ideas, work includes credit, financial modelling, scenario analysis and communication with client investor base
- End to end deal cycle including data review, market making, transaction modelling, asset/legal/operational due diligence
- Liaising with all transaction parties (internal and external) and helping with preparation of internal approval documents
- Understanding of trade terminology and market convention, risk management through the life of the transaction (post execution)
- Supporting internal groups throughout Deutsche Bank, including traders, structures, sales and banking coverage and be comfortable working with clients directly
Your skills and experience
- Experience in the distressed debt market and prior experience directly as a distressed debt trader
- Strong personal drive and proactive demeanor
- Excellent communication skills, both written and verbal
- Desire to work in a fast-paced environment
- Strong analytical aptitude and problem-solving abilities
How we'll support you
- Training and development to help you excel in your career Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs
- We value diversity and as an equal opportunities' employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (for example, screen readers, assistive hearing devices, adapted keyboards)
About us
Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.
Deutsche Bank in the UK is proud to have been named a Times Top 50 Employer for Gender Equality for three consecutive years. Additionally, we have been awarded a Silver Award from Stonewall for two years running and named in their Top 100 Employers for 2023 for our work supporting LGBTQ+ inclusion.
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.