Maxim Group, a full service investment banking, securities and wealth management firm, has appointed Eymen Errais as new managing director and head of Structured Credit Sales and Trading.

In his new position, Errais will run the day-to-day operations of the structured credit sales and trading business of Maxim Group.

In addition, Errais will be responsible for the development of the synthetic structured credit business which includes trading index tranches and synthetic bespokes.

Errais brings a decades worth of sales and sales trading experience to Maxim Group. Prior to joining Maxim, he was a credit correlation trader at Merrill Lynch, Credit Suisse and Barclays Capital.

He also founded CreditFlow Partners, a brokerage firm specializing in trading illiquid off the run synthetic structured products.

Maxim Group’s Fixed Income Division co-heads Jamie Terranova and Jonathan Kattouf said the company is pleased to add an individual of Eymen’s caliber, as he brings a wealth of experience and strong client relationships which will advance Maxim’s continued growth as a leader in the structured credit arena.