Senior Trader

Job Title

Job Description

EMPLOYER: NYBR Cooperatieve Rabobank U.A. New York Branch

JOB TITLE: Senior Trader

LOCATION: 151 West 42nd Street New York NY 10036

OPENINGS: 1

DUTIES:

• Accountable for revenue and risk associated with Rabobanks Interest Rate Derivatives business in North America;
• Risk oversight of the Banks Linear portfolio and working with sales teams to create Alpha for the clients of Rabobanks Wholesale Bank and Rural and Retail entities within North America;
• Serve as the Center of Competence in Derivative Products that are sold to other Corporations in the United States Europe and Asia;
• Assist the Fixed Income and Corporate Risk Treasury Management sales teams by providing product training and joining them on client visits;
• Market-making of interest-rate swaps and cross-currency swaps for clients of Rabobank for (primarily) the North-American region;
• Conduct pricing and execution of interest rate products for clients in over 10 different currencies;
• Hedging of resulting interest rate risks and spot FX risk;
• Monitoring managing and positioning of the aggregated residual interest-rate and FX risk of the trading book;
• Market-making and trade execution on the electronic trading screen -(quantitative) analysis on market data client activity and market developments;
• Development and maintenance of in-house proprietary pricing and risk-management tools;
• Discussing with and briefing of sales teams on market developments intelligence and directional views.

REQUIREMENTS: Position requires a Masters degree in Mathematics Finance Economics or related field and six (6) years of post-baccalaureate experience in job offered or in a Senior Trader-related occupation. Alternatively employer will accept a Bachelors degree in Mathematics Finance Economics or related field and eight (8) years of progressive related post-baccalaureate experience in job offered or in a Senior Trader-related occupation.

Must have the following:

• Requires SIE Series 7 and Series 63 licenses/certifications.

Position also requires the following:

• Demonstrable expertise seeking long term funding and long-term debt instruments.
• Demonstrable mathematical skills to understand cross-sensitivities across various risk metrics able to rank and prioritize revenue-maximizing trade executions and to analyze and interpret macro-economic events/development in a fast-paced environment.
• Demonstrable market and trading expertise in linear interest rate products including IR swaps XCCY swaps futures and cash bonds (UST).
• Demonstrable proficiency in at least one of the major coding languages such as Python Java or C.
• Demonstrable analytical and quantitative skills to understand the theoretical and practical applications of interest rate derivatives.
• Demonstrable experience engaging in complex analysis of (market) data from multiple sources to solve problems and analyze relationships creatively and effectively.
• Demonstrable experience collaborating within a global team and able to explain interest rate derivative concepts and trade ideas to the sales team and other internal or external parties.
• Demonstrable understanding of financial market and macro-economic events and developments how these affect interest rate markets central bank monetary policies and broader financial markets.

Range of Pay: $247146 to $265000 p/y

CONTACT: How to apply: please send resume via e-mail to Ellen Hirsch at referencing requisition# JR- Senior Trader.

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