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Convertible Bond Trader Jobs (NOW HIRING)

Identify relative value opportunities between convertible bonds, the underlying equity, and credit derivatives. * Execute trades in convertible securities, related equities, and hedges in alignment ...

Identify relative value opportunities between convertible bonds, the underlying equity, and credit derivatives. * Execute trades in convertible securities, related equities, and hedges in alignment ...

The developer will also be responsible for framework development and new API implementation across multiple Cash Equities single stock, option, convertible bond and program trading applications.

Risk Manager

New York, NY · On-site

$175K - $275K/yr

Conduct comprehensive risk assessments for convertible bonds to identify potential risks and ... Work closely with cross-functional teams, including trading and portfolio management, to integrate ...

Risk Manager

New York, NY

$175K - $275K/yr

Conduct comprehensive risk assessments for convertible bonds to identify potential risks and ... Work closely with cross-functional teams, including trading and portfolio management, to integrate ...

Market Making, ETFs, Electronic Trading, Global Program Trading, and Convertible Bonds * Strong understanding of high touch trading workflows, FIX protocol, OMS platforms , IOI processing, market ...

S. Market Making, ETFs, Electronic Trading, Global Program Trading, and Convertible Bonds Strong understanding of high-touch trading workflows, FIX protocol, OMS platforms, IOI processing, market ...

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Convertible Bond Trader information

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$49.5K

$65K

$79K

How much do convertible bond trader jobs pay per year?

As of Jul 13, 2026, the average yearly pay for convertible bond trader in the United States is $64,999.00, according to ZipRecruiter salary data. Most workers in this role earn between $57,500.00 and $72,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the Convertible Bond Trader position, and why are they important?

To thrive as a Convertible Bond Trader, you need strong analytical skills, a deep understanding of fixed income and equity markets, and typically a relevant degree in finance, economics, or a quantitative field. Familiarity with trading platforms such as Bloomberg, proficiency in Excel or programming languages like Python, and certifications like CFA can be advantageous. Excellent communication, decision-making under pressure, and strong teamwork skills help you effectively manage trades and client relationships. These competencies are essential for identifying market opportunities, managing risk, and delivering value in the fast-paced world of convertible bond trading.

What are the typical daily responsibilities of a Convertible Bond Trader?

Convertible Bond Traders are responsible for analyzing market trends, executing trades, and managing risk within their portfolio of convertible securities. A typical day often involves monitoring market news, pricing bonds and related derivatives, liaising with sales teams and clients, and adjusting trading strategies in response to market movements. Collaboration with research analysts and risk managers is common to ensure informed decision-making. Traders must also regularly provide market insights and performance reports to management. This role is fast-paced and requires the ability to respond quickly to shifting market conditions.

What does a Convertible Bond Trader do?

A Convertible Bond Trader buys and sells convertible bonds, which are hybrid securities that can be exchanged for a company's stock. They analyze market conditions, pricing inefficiencies, and risks to capitalize on trading opportunities. Their role involves managing positions, hedging risks, and leveraging arbitrage strategies to maximize returns. Traders often work closely with research analysts and sales teams to interpret financial data and execute trades efficiently.

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Trader permanent position at Dallas, TX

MIT RESOURCE

Dallas, TX

Full-time

Re-posted 2 days ago


Job description

Company Description

Maganti IT Resources LLC

Job Description

Title: Trader

Location: Dallas, TX

Type: Permanent


Job description:

Working closely with Boston-based convertible team this position is responsible, under direction, for executing global convertible bond trades authorized by portfolio managers or senior traders. 


Job requirement:


REPORTING RELATIONSHIP: Reports directly to Senior Trader.

Primarily responsible for global convertible bond trading (includes some off-hour and holiday trading of overseas markets) as well as trading in other asset classes (equities, derivatives, fixed income), as needed 

Managing positions via contracts for difference (CFD) and total return swaps (TRS) 

Sourcing and monitoring borrow 

Effectively managing sell-side trading relationships 

Assisting with trade origination and trade settlement 

Monitoring position data for accuracy and compliance

*$10k of the bonus is restricted stock options 

Identifying procedural deficiencies then working to resolve them 

Reading, analyzing and interpreting relevant periodicals, professional journals, or technical procedures 

Writing reports and business correspondence 

Effectively presenting information and respond to questions 

Solving practical problems and dealing with a variety of concrete variables in situations where only limited standardization exists 

Interpreting a variety of instructions furnished in written, oral, diagram or schedule form 

Detail-oriented, thorough; does not make errors


Required qualification: 

Bachelor's Degree (BA) from four-year College or university, plus 3-5 years trading convertible securities required 

Experience in settlement of global securities, particularly convertible bonds, equities, and derivatives (CFD, TRS, options, futures, etc.) 

Advanced proficiency with Bloomberg, Kynex, and Excel 

Familiar with order management systems and desktop trading platforms 

Willingness to travel during the on boarding process is required; this will take up less than 25% of the person's time 


Other asset classes (equities, fixed income, derivatives) trading experience



Qualifications

equired qualification: 


Bachelor's Degree (BA) from four-year College or university, plus 3-5 years trading convertible securities required 


Experience in settlement of global securities, particularly convertible bonds, equities, and derivatives (CFD, TRS, options, futures, etc.) 


Advanced proficiency with Bloomberg, Kynex, and Excel 


Familiar with order management systems and desktop trading platforms 


Willingness to travel during the on boarding process is required; this will take up less than 25% of the person's time 




Other asset classes (equities, fixed income, derivatives) trading experience



Additional Information

Please help pass along to colleagues or associates below position who are looking for new role if you are not available.


For further details contact me at 




chaitanya (at) mitresource (dot) com





Thank you for your time.