SIB is seeking to hire a highly motivated and experienced Rates Trader who plays a critical role in research, structuring, and execution of trading strategies, managing portfolios, and contributing to the fund’s overall success, with a focus on interest rate markets, including government bonds, interest rate swaps, futures and other related instruments. The rates trader should have a strong understanding of global macroeconomic trends, central bank policy, and yield curve dynamics to deliver consistent alpha within a disciplined risk management framework.

Key Responsibilities:

• Trade Execution
  • Develop, execute, and manage trading strategies across multiple asset classes, including government bonds, interest rate derivatives, currency derivatives, futures, options, swaps, and repo markets in alignment with the fund’s strategy;
  • Optimise trade execution and portfolio structuring to achieve best pricing, return, and liquidity;
  • Manage the operational elements of the Sovereign Debt Desk.
• Risk Management
  • Conduct detailed scenario and sensitivity analysis to evaluate potential outcomes of trades;
  • Managing interest rate and duration risk exposures by implementing hedging strategies and continuously monitoring trading activities to mitigate evolving risks;
  • Adhering to the fund’s risk management framework, ensuring compliance with all limits;
  • Stay informed about market developments, regulatory changes, and industry trends affecting trading activities.
• Market Analysis
  • Monitor and analyze macroeconomic data, central bank policy, inflation trends, and yield curve movements to identify trading opportunities;
  • Provide market insights and strategy ideas to the portfolio management team.
• Portfolio Management
  • Creating daily valuation and exposure reports of FIxed Income and Rates products for the Executive Director, Global Markets;
  • Tactical management of interest rate exposure, duration and curve positioning in the portfolio.
• Research & Strategy Development
  • Develop and implement directional and macro-driven strategies across interest rate markets.
• Technology & Tools
  • Any other duties that may be assigned from time to time by the Executive Director, Global Markets.

Qualifications:

Education:

• Bachelor’s degree in Finance, Economics, Engineering, or related field (Master’s degree CFA certification is a plus

Experience:

• Minimum of 2 years experience trading rates products;
• Deep understanding of global rates markets, yield curves, central bank policy impact, and currency derivatives.

Skills & Competencies:

• Strong skills in research, portfolio construction and optimization, risk management, trade execution and Portfolio Management of government bonds, currency derivatives, and other interest rate products;
• Strong quantitative and analytical skills;
• Excellent decision making skills under pressure, with a disciplined approach to risk management;
• Exceptional communication and interpersonal skills, with the ability to collaborate with team members in a fast-paced environment, and to interact with clients.