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 ...
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 ...
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 ...
Trader/Quant Analyst
Stamford, NY ยท On-site
Identify relative value opportunities between convertible bonds, the underlying equity, and credit derivatives. * Execute trades in convertible securities, related equities, and hedges in alignment ...
Trader/Quant Analyst
Stamford, NY ยท On-site
Identify relative value opportunities between convertible bonds, the underlying equity, and credit derivatives. * Execute trades in convertible securities, related equities, and hedges in alignment ...
Associate, Convertible Bonds Trader
New York, NY ยท Hybrid
$150K - $170K/yr
Trader on the Convertible Bonds Trading Desk. Will be responsible for market making, hedging, client runs management, valuation analysis, trade executions & settlement, running p/l, and other trading ...
Associate, Convertible Bonds Trader
New York, NY ยท Hybrid
$150K - $170K/yr
Trader on the Convertible Bonds Trading Desk. Will be responsible for market making, hedging, client runs management, valuation analysis, trade executions & settlement, running p/l, and other trading ...
Job summary As a Trade & P&L Support Associate or Analyst on the US Convertible Bond Desk, you will help maintain the integrity of desk P&L and risk, resolve trade breaks and disputes, support ...
Job summary As a Trade & P&L Support Associate or Analyst on the US Convertible Bond Desk, you will help maintain the integrity of desk P&L and risk, resolve trade breaks and disputes, support ...
Job summary As a Trade & P&L Support Associate or Analyst on the US Convertible Bond Desk, you will help maintain the integrity of desk P&L and risk, resolve trade breaks and disputes, support ...
Job summary As a Trade & P&L Support Associate or Analyst on the US Convertible Bond Desk, you will help maintain the integrity of desk P&L and risk, resolve trade breaks and disputes, support ...
US Convertible Bond Desk Trading Assistant - Associate
Manhattan, NY ยท On-site
$150K - $200K/yr
Job summary As a Trade & P&L Support Associate or Analyst on the US Convertible Bond Desk, you will help maintain the integrity of desk P&L and risk, resolve trade breaks and disputes, support ...
US Convertible Bond Desk Trading Assistant - Associate
Manhattan, NY ยท On-site
$150K - $200K/yr
Job summary As a Trade & P&L Support Associate or Analyst on the US Convertible Bond Desk, you will help maintain the integrity of desk P&L and risk, resolve trade breaks and disputes, support ...
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.
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.
AVP Quantitative Analyst - Flow Equity Derivatives
New York, NY ยท On-site
$163/hr
Direct collaboration with trading professionals on the Index, Single Stock, and Convertible Bond desks, giving your work immediate real-world context and impact. * Access to MQA Connect, a community ...
AVP Quantitative Analyst - Flow Equity Derivatives
New York, NY ยท On-site
$163/hr
Direct collaboration with trading professionals on the Index, Single Stock, and Convertible Bond desks, giving your work immediate real-world context and impact. * Access to MQA Connect, a community ...
Vice President-Head of Strategic Tools
New York, NY ยท On-site
$140K - $205K/yr
The Convertible Bond IT team is part of GM RiPL and focuses on Convertible Bond market making ... Ensure transparent communication with US traders and CB trading desks across the world * Ensure and ...
Vice President-Head of Strategic Tools
New York, NY ยท On-site
$140K - $205K/yr
The Convertible Bond IT team is part of GM RiPL and focuses on Convertible Bond market making ... Ensure transparent communication with US traders and CB trading desks across the world * Ensure and ...
Products range from vanilla options to more complex aka "exotic" or structured payoffs, convertible bonds, and equity-collateralized margin loans. The Corporate Equity Derivatives Trading team is ...
Products range from vanilla options to more complex aka "exotic" or structured payoffs, convertible bonds, and equity-collateralized margin loans. The Corporate Equity Derivatives Trading team is ...
Risk Manager
New York, NY ยท 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 ยท 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
$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
$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 ...
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 ...
New
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 ...
New
Equities Trade Support
Manhattan, NY ยท On-site
$95 - $99/hr
Market Making, ETFs, Electronic Trading, Global Program Trading, and Convertible Bonds ยท Strong understanding of high-touch trading workflows, FIX protocol, OMS platforms, IOI processing, market ...
Equities Trade Support
Manhattan, NY ยท On-site
$95 - $99/hr
Market Making, ETFs, Electronic Trading, Global Program Trading, and Convertible Bonds ยท Strong understanding of high-touch trading workflows, FIX protocol, OMS platforms, IOI processing, market ...
Contract Trade Support Analyst
Manhattan, NY ยท On-site
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 ...
Contract Trade Support Analyst
Manhattan, NY ยท On-site
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 ...
Contract Trade Support Analyst
Manhattan, NY ยท On-site
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 ...
Quick apply
Contract Trade Support Analyst
Manhattan, NY ยท On-site
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 ...
Equity Research Analyst
Chicago, IL ยท On-site +1
A successful candidate will work closely with options traders to capitalize on event-driven ... convertible bonds and earnings * Develop proprietary tools and models to systematically identify ...
Equity Research Analyst
Chicago, IL ยท On-site +1
A successful candidate will work closely with options traders to capitalize on event-driven ... convertible bonds and earnings * Develop proprietary tools and models to systematically identify ...
Stocks ETFs Convertible Bonds Listed Options Futures Preferred Treasury Interest Rate Swaps Credit Agency Municipals FX Qualifications E-trading/ ELECTRONIC COMMUNICATIONS NETWORK (ECN ) experience ...
Stocks ETFs Convertible Bonds Listed Options Futures Preferred Treasury Interest Rate Swaps Credit Agency Municipals FX Qualifications E-trading/ ELECTRONIC COMMUNICATIONS NETWORK (ECN ) experience ...
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 ...
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 ...
Convertible Bond Trader information
See salary details
$49.5K - $52.2K
7% of jobs
$52.2K - $54.9K
11% of jobs
$57.2K is the 25th percentile. Wages below this are outliers.
$54.9K - $57.5K
9% of jobs
$57.5K - $60.2K
9% of jobs
$60.2K - $62.9K
9% of jobs
The median wage is $64.5K / yr.
$62.9K - $65.6K
11% of jobs
$65.6K - $68.3K
9% of jobs
$68.3K - $71K
9% of jobs
$72K is the 75th percentile. Wages above this are outliers.
$71K - $73.6K
9% of jobs
$73.6K - $76.3K
11% of jobs
$76.3K - $79K
9% of jobs
$49.5K
$65K
$79K
How much do convertible bond trader jobs pay per year?
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.

Full-time
Re-posted 23 days ago
Job description
Maganti IT Resources LLC
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.ย
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 neededย
Managing positions via contracts for difference (CFD) and total return swaps (TRS)ย
Sourcing and monitoring borrowย
Effectively managing sell-side trading relationshipsย
Assisting with trade origination and trade settlementย
Monitoring position data for accuracy and compliance
*$10k of the bonus is restricted stock optionsย
Identifying procedural deficiencies then working to resolve themย
Reading, analyzing and interpreting relevant periodicals, professional journals, or technical proceduresย
Writing reports and business correspondenceย
Effectively presenting information and respond to questionsย
Solving practical problems and dealing with a variety of concrete variables in situations where only limited standardization existsย
Interpreting a variety of instructions furnished in written, oral, diagram or schedule formย
Detail-oriented, thorough; does not make errors
Required qualification:ย
Bachelor's Degree (BA) from four-year College or university, plus 3-5 years trading convertible securities requiredย
Experience in settlement of global securities, particularly convertible bonds, equities, and derivatives (CFD, TRS, options, futures, etc.)ย
Advanced proficiency with Bloomberg, Kynex, and Excelย
Familiar with order management systems and desktop trading platformsย
Willingness to travel during the on boarding process is required; this will take up less than 25% of the person's timeย
Other asset classes (equities, fixed income, derivatives) trading experience
equired qualification:ย
Bachelor's Degree (BA) from four-year College or university, plus 3-5 years trading convertible securities requiredย
Experience in settlement of global securities, particularly convertible bonds, equities, and derivatives (CFD, TRS, options, futures, etc.)ย
Advanced proficiency with Bloomberg, Kynex, and Excelย
Familiar with order management systems and desktop trading platformsย
Willingness to travel during the on boarding process is required; this will take up less than 25% of the person's timeย
Other asset classes (equities, fixed income, derivatives) trading experience
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 atย
chaitanya (at) mitresource (dot) com
Thank you for your time.