Asset Management, Highbridge, Relative Value Credit Derivative Trader

Highbridge Capital Management, LLC, founded in 1992, is a global alternative asset management firm.

Over the years, it has developed a diversified investment platform that includes hedge funds, co-investment vehicles, and committed, closed-end vehicles designed for longer-term holding periods.
Today, Highbridge distinguishes itself as a credit, relative value and volatility-focused franchise, with the flexibility to invest opportunistically across the capital structure and liquidity spectrum.

Currently managing over $4 billion in capital, the firm strives to generate attractive risk-adjusted returns for a financially sophisticated clientele, including institutional investors, public and corporate pension funds, sovereign wealth funds, endowments, foundations, and family offices.

Headquartered in New York, Highbridge also operates an office in London.

Highbridge Capital Management is seeking a Vice President - Relative Value Credit Derivative Trader to play a pivotal role in building and executing a new Relative Value Credit investment strategy.

This is a unique opportunity for an entrepreneurial and highly skilled trader to partner directly with the firm's Co-Chief Investment Officers (CIOs) and Chief Risk Officer (CRO) in shaping a strategy that targets market inefficiencies and cross-capital structure dislocations, with a primary focus on the US and selective opportunities in Europe.

The strategy will employ both long and short positions across corporate credit, credit derivatives, and interest rate derivatives, with flexibility to trade single-name credit relative to indices, as well credit, equity and their derivatives.

The successful candidate will work closely with the CIOs and CRO to define and implement a robust investment process and will also contribute to the design of systematic portfolio hedges for the firm's funds.

This role offers substantial growth potential, as the trader will not only execute trades but also help architect the overall strategy, leveraging the capabilities of fundamental and quantitative research teams.

The goal is to collectively build a scalable, innovative investment strategy guided by the firm's leadership.

Job Responsibilities:

Strategy Development & Portfolio Management:


* Design, implement, and refine a systematic Relative Value Credit strategy with the CIOs and CRO.


* Execute trades across US and European credit, credit derivatives, indices, equities, and equity derivatives.


* Assist in developing and managing systematic portfolio hedges for the firm.

Idea Generation & Sourcing:


* Utilize proprietary screening tools to identify and evaluate new trade opportunities across the investment universe.


* Leverage strong relationships with the street to source and filter market intelligence and fresh trade ideas.

Research & Collaboration:


* Collaborate with fundamental credit analysts and quantitative resources to enhance the investment process.


* Jointly underwrite an...