Interest Rate Trader, Foreign Wholesale Bank

Our client is a rapidly growing foreign wholesale bank in Singapore. As part of their efforts to grow their global markets franchise, they are seeking to hire an Interest Rate Trader. Key responsibilities include:

- Manage interest rate trading positions and portfolios to achieve annual revenue targets by providing market-making and pricing to corporate clients

- Execute proprietary and client-driven trading strategies across all interest rate products (IRS, CCS, FRA, Bonds, IR Structured products, B/S hedging solutions)

- Provide competitive pricing, market-making and trade execution services to internal and external clients to generate revenue from flows as necessary

- Generate trading ideas to sales team and identify market opportunities through macroeconomic, rate cycle and yield curve analysis.

- Actively identify risk exposures, portfolio repositioning and hedging strategies.

- Partner with Corporate Banking, Treasury Sales, DCM, Private Banking and Financial Institutions teams to originate and execute client hedging transactions.

- Develop and promote interest rate risk management solutions tailored to client requirements regularly.

- Support cross-selling initiatives involving FX, interest rates, fixed income and structured solutions as appropriate.

- Build and maintain strong relationships with key internal and external stakeholders to expand Treasury business opportunities.

- Ensure product area is compliant with risk limits, internal guidelines and regulations

- Manage Ad-hoc projects as and when assigned by Head of Treasury

Requirements

- 8-15 years of related working experience holding portfolio in the Rates space within the Banking industry in Treasury Department

- Strong analytical, communication and stakeholder management skills

- In depth product knowledge of fixed income, derivatives and market risk management

- Knowledge of MAS regulations and experience in coaching younger team member

- Coaching junior team members with guidance, instruction, mentorship and planning

- Team player and yet ability to work effectively under pressure in a dynamic market environment

We encourage interested qualified candidates to email an updated resume in word doc format indicating current and expected compensation to [email protected].

We regret that only shortlisted candidates will be notified.

[Joe Chua, R1105627]