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Convertible Bond Trading Jobs (NOW HIRING)

Point72

Trader/Quant Analyst

Stamford, NY

Bachelor's degree in finance, economics, mathematics, engineering, or related field; advanced degree or CFA preferred. * 3+ years of experience in convertible bond trading with a quant/programming ...

Point72

Trader/Quant Analyst

Stamford, NY · On-site

Bachelor's degree in finance, economics, mathematics, engineering, or related field; advanced degree or CFA preferred. * 3+ years of experience in convertible bond trading with a quant/programming ...

Jain Global

Quant Developer, Credit

New York, NY · On-site

This role sits at the intersection of trading, quantitative research, and technology, with a particular focus on supporting convertible bond and broader credit trading strategies.The ideal candidate ...

Scout ET

C#.Net Client Server Developer

New York, NY · On-site

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.

Schonfeld

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 ...

Schonfeld

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 ...

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Convertible Bond Trading information

See salary details

$49.5K

$82.7K

$137.5K

How much do convertible bond trading jobs pay per year?

As of Jun 22, 2026, the average yearly pay for convertible bond trading in the United States is $82,712.00, according to ZipRecruiter salary data. Most workers in this role earn between $53,000.00 and $99,000.00 per year, depending on experience, location, and employer.

What is convertible bond trading?

Convertible bond trading involves buying and selling convertible bonds, which are a type of fixed-income security that can be converted into a predetermined number of the issuing company's shares. Traders in this field analyze market conditions, interest rates, and company fundamentals to identify profitable trading opportunities. The role requires a strong understanding of both equity and fixed-income markets, as well as the unique features of convertible securities. Successful convertible bond traders often use sophisticated models and strategies to hedge risks and maximize returns.

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

To thrive as a Convertible Bond Trader, you need a deep understanding of fixed income and equity markets, strong quantitative skills, and typically a degree in finance, mathematics, or a related field. Familiarity with trading platforms, pricing models, Bloomberg terminals, and sometimes CFA or similar certifications are highly valuable. Analytical thinking, decisiveness under pressure, and effective communication are critical soft skills for success in this fast-paced environment. These skills ensure accurate pricing, risk management, and the ability to capitalize on market opportunities while maintaining strong client relationships.

What are some common challenges faced by professionals in convertible bond trading, and how can they be effectively managed?

Professionals in convertible bond trading often encounter challenges such as managing complex pricing models, staying updated on both equity and fixed income markets, and reacting swiftly to market volatility. Since convertible bonds are hybrid instruments, traders must continuously assess underlying stock movements, credit spreads, and interest rates to make informed decisions. Effective management involves leveraging advanced analytical tools, maintaining close communication with research analysts and sales teams, and staying adaptable to rapidly changing market conditions. Collaboration and continuous learning are key to overcoming these challenges and succeeding in this fast-paced environment.

What is the difference between Convertible Bond Trading vs Fixed Income Analyst?

AspectConvertible Bond TradingFixed Income Analyst
Required CredentialsFinance degree, certifications like CFAFinance/Economics degree, CFA often preferred
Work EnvironmentFast-paced trading floors, financial institutionsResearch-focused, analytical roles in banks or asset managers
Employer & Industry UsageInvestment banks, hedge funds, asset managersAsset management firms, investment banks, research institutions
Common Search & ComparisonYesYes

Convertible Bond Trading involves actively buying and selling convertible bonds to capitalize on market movements, requiring quick decision-making and market analysis. Fixed Income Analysts focus on researching and analyzing fixed income securities, including bonds, to provide investment recommendations. While both roles require finance knowledge and certifications like CFA, Convertible Bond Traders are more involved in execution and trading strategies, whereas Fixed Income Analysts emphasize research and valuation.

More about Convertible Bond Trading jobs
What cities are hiring for Convertible Bond Trading jobs? Cities with the most Convertible Bond Trading job openings:
What states have the most Convertible Bond Trading jobs? States with the most job openings for Convertible Bond Trading jobs include:
What job categories do people searching Convertible Bond Trading jobs look for? The top searched job categories for Convertible Bond Trading jobs are:
Convertible Bond Trading jobs near you
Infographic showing various Convertible Bond Trading job openings in the United States as of June 2026, with employment types broken down into 89% Full Time, and 11% Contract. Highlights an 89% In-person, and 11% Hybrid job distribution, with an average salary of $82,712 per year, or $39.8 per hour.

Trader permanent position at Dallas, TX

MIT RESOURCE

Dallas, TX • On-site

Full-time

Posted 11 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.

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