Opportunity

Structured Interest Rates Trader, Associate Director, Global Investment Bank

Full-time, office based at Canary Wharf

Our client is seeking a STIR Trader to:

  • Provide liquidity and make prices for clients, manage portfolio of vanilla swaptions, cap and floors.
  • Trade and manage other light exotic products, structured rates notes, deal contingent and other bespoke products
  • Other responsibilities include taking proprietary positions according to the market conditions
  • Provide timely and accurate execution of trades for the Bank’s targeted clients in assigned area.
  • Effectively maintain various risk positions whilst adhering to the Bank’s risk appetite
  • Achieve revenue, hit ratio and return targets set by management
  • Ensure correct ticket entry and order routing, maintain communication with sales desk and assist in resolving any operational problems. Provide general trade support, as necessary.
  • Provide pricing to sales force and clients in line with the Bank’s policies.
  • Ensure all trades are booked to front office position keeping system in accordance with internal policy and regulatory requirements.
  • Review daily and/or monthly reports, as assigned.
  • Ensure that all transactions deliver fair outcomes for our customers and do not disrupt the orderly and transparent operation of financial markets; and are in line with the bank’s Code of Conduct.

Candidates will bring:

  • Experience in trading or pricing structured rates products
  • In depth understanding of complex structured rates products including risk management and product development
  • Understanding of the key drivers in the dynamic of markets and perform well under the pressure
  • Ability to ensure smooth cooperation with various stakeholders including team members, sales, middle office, back office and other support functions.

To enquire about this role, please tell us a bit more about yourself by answering the questions below.


The purpose of these questions is to collect data to help measure the diversity of our candidates. This data will is confidential. The details given are kept separately from the information used in recruitment decisions. It will not be used in any way to influence recruitment decisions. The information is to be used for statistical purposes.