Derivatives Trader | Dubai, UAE | In-Office

Butler Rose Middle East; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading bank in the UAE is seeking a Derivatives Trader to enhance its structured trading desk. The role involves trading and pricing derivatives while taking ownership of P&L. Strong candidates will have hands-on experience in derivatives trading, particularly Swaps, along with solid quantitative academic backgrounds.

Qualifications

• Must have hands-on Swaps trading experience.
• Experience in risk modelling and pricing tools is essential.
• Preference for candidates based in the UAE or wider GCC.

Responsibilities

• Trading and pricing of derivatives, particularly Swaps and structured products.
• Taking full ownership of P&L and managing positions.
• Collaborating with stakeholders for efficient and compliant execution.

Skills

Trading derivatives

Pricing risk

Risk modelling

Technical ownership

Autonomy

Quantitative skills

Education

Solid academic foundation in quantitative disciplines

CFA or similar qualifications

Tools

Murex

Calypso

Python

VBA

Job description

Derivatives Trader

Butler Rose Middle East Dubai, United Arab Emirates Apply now Posted 12 days ago In-Office Job Permanent AED50k - AED55k

International Recruiter & Executive Search

A leading bank in the UAE is seeking a technically strong, commercially aware Derivatives Trader to support the build-out of its structured trading desk.

This is a high-impact role focused on developing and executing derivatives strategies across Rates and Commodities with a clear mandate to enhance the trading &structuring capability of the desk.

Key Responsibilities:

• Trading and pricing of derivatives, particularly Swaps and structured products.
• Taking full ownership of P&L: pricing risk, expressing market views, and managing positions.
• Supporting product structuring, modelling, and delivery of bespoke hedging solutions.
• Collaborating with internal risk, legal, and treasury stakeholders to ensure efficient and compliant execution.
• Working withcommodity-linked instruments (especially oil and precious metals).

Ideal Candidate Profile:

• Currently trading derivatives – pricing and execution experience is essential.
• Must have hands-on Swaps trading experience; Rates-only profiles may be considered if technically strong.
• Solid academic foundation in quantitative disciplines (mathematics, engineering, physics, finance) – CFA, or similar qualifications are highly valued.
• Proficiency in risk modelling and pricing tools such as Murex, Calypso, Python, or VBA.
• Shariah-compliant or Islamic structured product experience is beneficial, but not essential.
• Candidates must be able to join within 1–2 months.
• Preference for those already based in the UAE or wider GCC, though strong external profiles (Malaysia, UK, Europe) may be considered if relocation is viable within timeframes above.
• The desk operates lean and fast – this is a plug-and-play role for someone who enjoys technical ownership and strategic influence.

This is a rare opportunity to join a growing desk in a strategic, high-visibility role where you’ll shape real trading outcomes. Ideal for someone who thrives on autonomy, technical complexity, and multi-asset exposure in a forward-leaning environment.

Backed by private equity & majority-owned by nGAGE, a global leader in talent solutions, Butler Rose excels in addressing talent management challenges...

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