Job Description

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

JOBTITLE : Senior Trader

LOCATION : 151 West 42nd Street, New York, NY 10036

OPENINGS: 1

DUTIES:

• Accountable for revenue and risk associated with Rabobank’s Interest Rate Derivatives business in North America;
• Risk oversight of the Bank’s Linear portfolio and working with sales teams to create “Alpha” for the clients of Rabobank’s 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 Master's 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 Bachelor's 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: $247,146 to $265,000 p/y

CONTACT: How to apply: please send resume via e-mail to Ellen Hirsch at [email protected] referencing requisition# JR_00130153 - Senior Trader.

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