Senior Credit Trader - Director/Executive Director

Location: London, United Kingdom
Sector: Investment Banking / Global Markets
Specialism: Credit Trading, Investment Grade, High Yield & Structured Credit
Seniority: Director / Executive Director
Compensation: Competitive institutional package, commensurate with experience

Overview

S.2 is seeking to engage with accomplished senior Credit Trading professionals with an established record of delivering commercial performance across institutional fixed income markets. The position is designed for an experienced risk-taker with deep market knowledge, sound trading judgement and the ability to identify opportunities across complex and changing credit environments.

Of particular interest are individuals who combine strong trading performance with an informed perspective on market structure, liquidity, capital allocation and the institutional client landscape.

This is a senior-level profile requiring genuine market expertise, a demonstrable record of commercial contribution and the credibility to operate within a sophisticated Global Markets environment.

Responsibilities

• Manage and optimise trading risk across relevant credit products, with accountability for risk-adjusted performance and P&L delivery.

• Identify, price and execute trading opportunities across investment-grade, high-yield or structured credit markets.

• Develop and implement trading strategies informed by market fundamentals, relative value, technical factors and liquidity conditions.

• Partner with institutional sales, structuring, research and risk functions to deliver effective client solutions.

• Maintain a detailed understanding of credit market developments, issuer fundamentals, regulatory changes and macroeconomic conditions.

• Manage inventory, capital utilisation, market exposures and execution risk within established limits.

• Contribute to desk strategy, franchise development and the identification of new commercial opportunities.

• Provide leadership, technical guidance and market insight to junior trading professionals where appropriate.

Candidate Profile

We are interested in speaking with individuals offering:

• Significant professional experience in credit trading within a leading investment bank, broker-dealer, hedge fund or established institutional trading platform.

• A proven record of trading performance, risk ownership and sustained commercial contribution.

• Specialist expertise in one or more of investment-grade credit, high-yield bonds, credit derivatives, CDS indices, distressed credit or structured credit.

• Strong understanding of pricing, liquidity, hedging, market microstructure and relative-value trading.

• Experience managing meaningful risk exposures and navigating volatile market conditions.

• A well-developed understanding of institutional counterparties, client flows and the broader credit ecosystem.

• Strong quantitative and analytical judgement, supported by commercially sound decision-making.

• The professional credibility and discretion expected of a senior markets practitioner.

What Distinguishes the Right Individual

• We are particularly interested in professionals whose contribution extends beyond executing trades.

• Individuals who understand where liquidity sits, how market opportunities develop, how risk should be deployed and where genuine competitive advantage can be created.

• A strong commercial track record, independent market judgement and the ability to contribute to a high-performing trading environment will be central to our assessment.

A Private Introduction

S.2 operates as a private talent intelligence office, working across specialist financial markets and institutional leadership appointments. Our approach is selective, informed and relationship-led. We understand that accomplished trading professionals are rarely defined by a CV alone. We welcome confidential discussions with senior market participants interested in exploring their longer-term professional direction.

Confidential expressions of interest are welcomed.