full-time
Trader (Convertible Bonds)
PEAK6
- Employer
- PEAK6
- Location
- New York
- Working pattern
- hybrid
- Salary
- $100,000–$125,000 / year
About the role
Trade convertible bonds with a focus on embedded optionality, volatility exposure, and relative-value opportunities across bonds, equities, listed options, and credit. Monitor and hedge portfolio Greeks, develop valuation views, assess issuer and fixed-income risks, and collaborate with senior traders on position sizing, risk limits, and book construction. Requires 5–8 years of experience trading or supporting trading in convertible bonds, equity derivatives, or volatility products, with strong options theory and fixed-income knowledge. Candidates should be proficient with Bloomberg and derivatives analytics, skilled in risk-based decision-making and Excel, and have Python or scripting experience as a plus; no specific degree is required.