Bond Trader – Korean Won Bonds

About the role

Mitsubishi UFJ Financial Group (MUFG) is hiring a Bond Trader for its Seoul branch. The trader provides professional trading services to clients, develops and maintains business with existing and new clients in partnership with sales to help reach the Bank's revenue targets, and executes trades in the best interests of the Bank and its clients. Only shortlisted applicants will be notified.

Key responsibilities

• Set up the bond trading desk and lead the overall bond business of the MUFG Seoul branch in the long term.
• Take active trading positions in KTB, MSB and other Korean won bonds.
• Generate PnL through various trading strategies across the KRW curve.
• Manage risk exposures within approved limits, with a strong focus on drawdown control.
• Identify and execute proprietary trading opportunities based on macro views and flow dynamics.
• Monitor macroeconomic developments, central bank policy and local market issues.
• Collaborate with Sales and regional trading teams while keeping a primary focus on trading performance.
• Adhere strictly to internal risk controls, compliance standards and governance frameworks.
• Provide good service and pricing to clients and use market flow to generate revenue for the Bank.
• Maintain a professional, respectful and collaborative environment and keep up with industry trends, products and relevant laws and regulations.

Required profile

• Up to 7 years of experience in Korean bond trading with a demonstrable PnL track record.
• Bachelor's degree in Finance, Economics, Engineering or a related field.
• Experience in proprietary or risk-taking roles within banks or securities firms.
• Hands-on experience managing Bond FRA positions.

Required skills

• Strong understanding of Korean bond markets, curve dynamics and relative value trading.
• Disciplined, controlled approach to taking and managing risk.
• Strong analytical skills with a clear trading framework and market view.
• Effective communication in Korean and English.