Buy-side Perspectives Issue 14 | Page 30

Buy-side profile The SECRET to being a good TRADER Kevin Flood Lead Fixed Income Dealer, Royal London Asset Management Kevin shares his personal story of how he started his career on the sell side and the reasons why he moved across to the buy side in 2016, together with the challenges he faces in the world of fixed income buy-side trading. Tell us about how you started working in finance? I started my career back in 2001. I’d recently graduated from University with a degree in Psychology and was hired into the Derivative Operations team at Deutsche Bank in London. At the time, this area of the market was rapidly expanding, new products were evolving and Deutsche Bank was at the cutting edge. Despite being a long way from the front line, I loved learning about the business, quickly embraced the entrepreneurial nature of the institution and the meritocratic opportunities on 30 offer if you were willing to work hard – I was hooked! I was promoted across a number of operational roles before being offered an opportunity in 2005 to join a new Loan Exposure Management Group as a credit trader. I spent the next 10yrs helping to manage Deutsche Bank’s corporate loan book across London & New York, specialising in pricing illiquid credit risk and trading CDS, options and loans. During this time I had to deal with the devastation and fallout from the Global Financial Crisis, the subsequent damage to markets and had a front row seat for the experimental path that Central Banks set us on. www.buysideintel.com Winter 2018