Leverage Loan Trader - Agency Brokerage

Perm
Front Office
London / Paris
Europe
£100k-£200k plus quarterly bonus
TD234234

We are a leading agency brokerage platform expanding its European credit trading capability across London, Paris and Frankfurt. The desk is seeking an experienced Leveraged Loan and High Yield Trader to play a key role in driving flow, liquidity, and client engagement across performing and stressed credit markets.

This is a high-impact opportunity to join a growing franchise with strong institutional relationships, operating at the intersection of agency execution and market intelligence.

Key Responsibilities

  • Trade leveraged loans and high yield bonds on an agency basis across European and global markets

  • Develop and maintain relationships with institutional clients including asset managers, hedge funds, and credit funds

  • Provide market colour, pricing insight, and liquidity solutions, particularly in less liquid / stressed situations

  • Work closely with sales, research, and structuring teams to drive flow and idea generation

  • Contribute to the growth of the desk’s presence in stressed and distressed credit opportunities

  • Monitor market developments, credit events, and relative value across capital structures

Requirements

  • Proven experience trading leveraged loans and/or high yield bonds within an investment bank or market-making environment

  • Strong understanding of secondary loan markets, HY credit, and capital structures

  • Experience in stressed / distressed credit is highly desirable

  • Demonstrated ability to price risk and manage flow in less liquid markets

  • Established client relationships across European credit investors

  • Strong commercial mindset with the ability to generate ideas and drive revenues

Preferred Background

  • Bank trading or market-making experience

  • Exposure to special situations, restructurings, or opportunistic credit

  • Familiarity with both performing and non-performing credit environments

What’s on Offer

  • Opportunity to join a growing, entrepreneurial platform with strong backing

  • High visibility and autonomy within a lean, revenue-focused team

  • Competitive compensation with strong upside potential

  • Roles available in both London and Paris

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