Fixed Income Trader

About the Role

Hudson River Trading (HRT) seeks a seasoned Fixed Income Trader to join its Macro trading team, concentrating on expanding an innovative global fixed income strategy. Operating from the Singapore office, this position involves executing trades globally, working closely with quantitative and technology teams, and maintaining vital counterparty relationships.

Key Responsibilities

• Carry out trade execution using voice communication and electronic communication networks (ECN/automation) focusing on global interest rate products.
• Monitor risk factors including trade entries, duration value (DV01), position allocations, profit and loss tracking, and overall portfolio risk assessments.
• Partner with the Quantitative Research team to deliver real-time insights for refining models, challenge assumptions, assess transaction costs, examine trade suggestions, and identify any model bias.
• Collaborate with the Systems Technology team to develop tools that enhance Rates team efficiency.
• Establish and maintain robust relationships with dealers, and relay relevant information within the team.
• Engage with sell-side Research teams regularly.
• Provide daily updates on market conditions including flow dynamics, technical factors, challenges, and feedback on strategy.

Candidate Requirements

• Possess at least a bachelor's degree or higher.
• Have a minimum of two years of trading experience with global fixed income products on the buy-side.
• Solid understanding of the trading lifecycle.
• Experience managing large trade volumes and sizes.
• Proven ability to cultivate strong counterparty relationships.
• Capacity to analyze market technicals critically.
• Familiarity with the APAC fixed income market structure and instruments such as FX, interest rate swaps (IRS), sovereign bonds, inflation swaps, bond futures, swaptions, and cross-currency basis trades.
• Effectiveness working both independently and collaboratively within teams.
• Extraordinary attention to detail and eagerness to comprehend complex challenges.
• Proficiency with Excel and Google Docs for data analysis and documentation.
• Experience using trading platforms including Tradeweb and Bloomberg.
• Knowledge of programming languages like Python, C++, SQL, or R is advantageous.

Additional Information

Hudson River Trading is a technology-driven trading firm that values scientific methods and innovation. The company fosters a culture emphasizing openness, transparency, and teamwork, welcoming diverse backgrounds including mathematics, physics, computer science, engineering, media, and tech. Employees engage beyond work through social activities and collaboration.

HRT operates global offices and is committed to diversity and equal opportunity employment. Use of AI tools during interview and assessment phases is strictly forbidden unless explicitly allowed. Use of unauthorized AI assistance can lead to immediate disqualification or withdrawal of offers.