IB - Fixed Income Trading, Credit Trader - Analyst/Associate

Deutsche Bank is hiring an IB - Fixed Income Trading, Credit Trader - Analyst/Associate. Level rates it ; you can apply on Deutsche Bank.

Level's read on this job

Little AI ●○○○ is how Level rates this role: aI is not part of the work.
Tools and skills the posting cites include fixed income, trading and risk management.
Level classifies it as a mid-level role.
Level lists 1,100+ other open roles at Deutsche Bank.

AI in this role

Credit Trader to handle CNY corporate bonds and manage portfolio risk across fixed income and derivatives.

fixed-incometradingrisk-managementfinancial-markets

Job Description:

Details of the Division and Team:

The Credit Trader (Fixed Income & Currencies) is responsible for market-making in CNY corporate bonds and managing book risk across a diverse range of products, including rates bonds, interest rate swaps (IRS), and FX.This role drives franchise growth by developing new products, expanding origination and distribution channels in collaboration with Sales, and ensuring rigorous risk management.

What we will offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

You can expect:

Supplemental Savings Plan on top of mandatory social security
15 days of annual paid leave, plus public holiday & Flexible Working Arrangement
A range of competitive benefits to suit your needs
On-line family doctor consultation for both employee & family members
Employee Assistance Program for both employee & family members

Your key responsibilities:

Fixed Income Trading: Act as the dedicated Fixed Income Trader for DB China flow trading, driving revenue growth while strictly adhering to the established limit framework.
Expand Franchise: Identify and capture new market opportunities to build and scale the bank's franchise alongside internal stakeholders.
Manage Portfolio Risk: Monitor and manage trading book risk dynamically across fixed income, derivatives, and FX products.
Collaborate Across Desks: Partner with Sales and Structuring to enhance product origination and distribution capabilities.

Your skills and experience:

Market Expertise: 2–5 years of trading experience with deep fundamental and technical knowledge of the CNY fixed income market.
Risk Management: Proven understanding of portfolio risk dynamics and the impact of macroeconomic and microeconomic indicators.
Relationship Management: Demonstrated grasp of the sales-trader model, with a track record of building strong internal partnerships and external client relationships.
Core Competencies: Highly motivated, innovative, and detail-oriented, with a strong commitment to operational efficiency.
Communication: Fluent professional English (both written and spoken).

How we’ll support you

Flexible working to assist you balance your personal priorities
Coaching and support from experts in your team
A culture of continuous learning to aid progression
A range of flexible benefits that you can tailor to suit your needs
Training and development to help you excel in your career

About us and our teams

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank & Diversity

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

How we rate this

IB - Fixed Income Trading, Credit Trader - Analyst/Associate at Deutsche Bank rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

●●●● Builds AI80 to 100
●●●○ Works on AI60 to 79
●●○○ Uses AI40 to 59
●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

Key facts

IB - Fixed Income Trading, Credit Trader - Analyst/Associate is an open job at Deutsche Bank.
Level rates this role AI Level 1 of 4: Little AI.
The role is based in Shanghai Two IFC.
The job was posted on July 24, 2026.
Seniority: mid.
Applications are handled by Deutsche Bank. Apply on Deutsche Bank

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

Fixed IncomeTradingRisk ManagementFinancial Markets

Questions you could be asked

Tell me about a project where fixed income was part of your work. What did you do?
Tell me about a project where trading was part of your work. What did you do?
Tell me about a project where risk management was part of your work. What did you do?
Tell me about a project where financial markets was part of your work. What did you do?

Adapt your resume

List these exact terms on your resume: Fixed Income, Trading, Risk Management, and Financial Markets. An applicant tracking system matches the wording, not the idea.
Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.

Get your CV reviewed before you apply

Send your CV and the role you want next. Your review arrives by email within 3 days.

Get a free CV review Check your resume with the ATS resume checker