Interest Rate Derivative Trader recruitment
RESPONSIBILITIES
• Primary trader for all liquid market rate trades
• Secondary trader for all non-rate derivative products
• Supervise all derivative and US Treasury trading activities:
Ensure trading staff is fully trained
Trades are booked and valuation and risk information flows to all downstream systems/reporting
Ensure limits and policies are adhered to
• Frequent contact with dealers and other information sources to understand flows/likely going flows and their implications for markets
• Track market conditions for alternative trades that meet business needs and identify best trade at any point in time
• Ongoing optimization of derivatives and UST portfolio
• Develop opinions on market direction based on analysis of supply and demand and other factors weighing on markets
• Bring insights gained from dialogues with external parties to the larger Derivatives group, Investments group and other parts of the organization as appropriate
BASIC QUALIFICATIONS
• 7+ years of experience in relevant products on the sell side
• Extensive experience with liquid fixed income markets
• Strong understanding of derivatives environment including dealers and exchanges, products, end users and their motivations, regulation, accounting, operations, and governance
• Strong knowledge of USTs, UST futures, Eurodollar futures, OTC swaps, OTC options