Asia Credit Trader Job at Crédit Agricole (HONG KONG)

Job Description

Responsible for trading Credit products including Asian Credit Bonds and CDS within authorised trading limits, i.e. the risk parameters and designated currency and product limits. Also responsible for providing pricing on the Latam and EMEA credit markets for a varied customer base via the Sales Desk. Trades are predominantly in the following currencies: USD, AUD, CNH, HKD, EUR.

Job Responsibility

Formulate trading strategies daily by analysing the latest market data and establishing positions to take advantage of market moves
Execute transactions accurately and in accordance with established risk management procedures and risk parameters
Develop CA-CIB’s profile and pricing capacity in Emerging Credit debt products on a global basis
Provide product pricing for both new products as well as specific client transactions
Input all executed trades directly into the Front Office System
Price and execute all client transactions in the market sector for which responsible
Timely record and enter all transactions into front office trading systems with applicable trading procedures
Provide best efforts in a timely fashion to resolve all trade breaks as reported by Back Office
Report to the Head for Emerging Markets Trading Platform for Asia on the progress of the business and specific issues
In conjunction with the Head for Emerging Markets Trading Platform for Asia to establish overall risk parameters
Ensure adherence with regard to position and risk limits, market and counterparty risk
Adhering to given risk limits at all times
Managing and hedging the overall risk of the credit portfolio on an intra and inter day basis
Develop and maintain relationships with peers in other organisations
Represent the firm with external organisations
Attend regular conference calls with the team in Hong Kong to review market strategy, exchange ideas and inform of any important administrative matters
Maintain contact with the Sales desks
Communicate to the management and concerned functions in case of problems
Work closely with back office and middle office
Comply with all applicable legal, regulatory and internal Compliance requirements
Comply with applicable conduct rules as prescribed by the relevant regulator
Secondary market making on Chinese credits with institutional and private investors
Supporting the primary function by providing liquidity on Cacib issued bonds
Cooperation with sales function to facilitate client flows
Adhering to advised limits and parameters while using prudent risk Management

Requirements

Degree or equivalent experience, preferably in a Mathematical/ Scientific area
Computer literate
Experience in trading emerging credit products and manage a trading book
7 years proven track record on managing emerging market credit products is preferrable
Strong initiative
Team oriented
Excellent communication skills
The ability to think quickly, make decisions using good judgement and prioritise in busy trading situations
Ability to remain calm under pressure
HKMA Registered License 1&4
An in-depth knowledge of the overall market
IT literate
Thorough knowledge of financial derivatives including market liquidity (ability to enter or exit a position) and volatility (magnitude / speed of price change), pricing and trading/hedging strategies
Strong numeracy, analysis and spreadsheet skills

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Asia Credit Trader

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