Are you ready to thrive in a fast-paced trading environment? As a Rates Trader, you’ll be at the heart of market activity, collaborating with top professionals and building your expertise in fixed income. This role offers the opportunity to develop trading strategies, manage risk, and make a direct impact on our business. If you’re driven, analytical, and passionate about markets, this is your chance to grow your career in a world-class team.

As an Analyst/Associate in the Rates Trading team, you will work in a dynamic and busy trading floor environment, helping traders cover institutional accounts and make markets in a range of fixed income products. You will assist in managing risk, liquidity, and exposure, and support all aspects of the trading desk, including pre-trade analysis, research, trade processing, and strategy design. You will be empowered to develop your market expertise and contribute to the team’s success.

Job Responsibilities:

Understand market drivers and stay on top of market moves, developing cross-asset insightsIndependently resolve P&L reconciliation issuesEnsure all relevant parties are informed of key developmentsProvide solution-based frameworks to business practices and clientsTake initiative to improve processes and outcomesBalance revenue generation with building a client franchiseCommunicate market drivers effectively to clientsDevelop and execute trading strategiesFollow firm policies for risk management and regulatory complianceBuild trust with clients by understanding and responding to their needsAssist with post-trade processes, ensuring accuracy and internal controls

Required Qualifications, Capabilities, and Skills 

Bachelor’s degree in a relevant fieldMinimum 2 years’ experience in Rates or FX TradingDetailed understanding of P&L calculation and reconciliationStrong knowledge of fundamental and technical aspects of traded products and support functionsProficiency with market and product terminology, including quantitative frameworks (e.g., pricing, models)Knowledge of direct costs throughout the transaction lifecycleUnderstanding of different types of risk and risk management strategiesAbility to explain and anticipate market movementsExecution-oriented, with a thorough understanding of the transaction cycleAbility to perform under competitive pressures while focusing on client needs; comfortable interacting with business clients and managementStrong communication skills, both verbal and written, with the ability to tailor messages to different audiences

Preferred Qualifications, Capabilities, and Skills 

Experience developing and implementing trading strategiesFamiliarity with cross-asset implications and multi-product tradingAdvanced quantitative skills and experience with trading modelsProven ability to build and maintain client relationshipsExperience in a global trading environmentDemonstrated ability to share knowledge and mentor team membersOpen to potentially moving to a different financial hub in the future