Credit Trader - Boston, United States - Weiss Asset Management LLC

    Weiss Asset Management LLC
    Weiss Asset Management LLC Boston, United States

    1 month ago

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    Description

    Weiss Asset Management (WAM), a Boston-based investment firm, is seeking an experienced Credit Trader to join our trading team. A successful candidate will have exceptional quantitative, analytical, and negotiation skills, and will be able to multi-task, handle ambiguity, and proactively adapt to changing market conditions. Over time, the Credit Trader can expect to learn more about and contribute to our fixed income investment strategies.

    At least 3 years of previous experience as a buy side or sell side credit trader is required.

    This role is a full-time in-office position based in Boston.

    Responsibilities:

    • Execute credit trades, generate and assess ideas for how to make better trading decisions, and collaborate with the investment team and PMs to constantly improve our processes.
    • Maintain strong relationships with a broad set of liquidity providers to best identify and execute trades while minimizing transaction costs.
    • Leverage expertise gained from previous roles to stay abreast of industry trends, news, and developments influencing credit markets.
    • Maintain awareness of market axes, ensuring no missed opportunities and staying organized in a fast-paced trading environment.
    About the Company:

    For 31 years, Weiss Asset Management has developed proprietary value-based investment strategies designed to deliver high risk-adjusted returns to our investors, who include charitable foundations, pension plans, endowments, hospitals, government entities and private investors. We manage approximately $3.1 billion across hedge funds and institutional accounts. We work collaboratively to solve problems, and to identify undervalued assets through deep fundamental research, statistical analysis and an analytically rigorous approach to decision making. Above all else, we value integrity, uncompromising rationality, creativity and entrepreneurship, and continuous learning and improvement.

    Our team of over 100 individuals is the engine of our success and we welcome truly exceptional candidates from all backgrounds.

    WAM is a fit for you if:
    • You enjoy a collaborative environment, where decisions are made in diverse teams. At WAM, all employees can expect to work directly with members of other departments representing a range of backgrounds.
    • You work well in a flat structure and are comfortable voicing dissenting opinion. Talent and work ethic will dictate what you can achieve at WAM, as evidenced by the fact that our president and the majority of our managing directors began their careers here as interns.
    • You are driven to constantly learn, improve, and make rational decisions based in fact and data, and you welcome receiving feedback as well as sharing knowledge with others.
    • You prioritize acting ethically in all situations.
    WAM is an equal opportunity employer. Women, minorities, people with disabilities, and veterans are encouraged to apply.