Director, Non-Linear and Structured Credit Trading

Mashreqbank PSC; Abu Dhabi; On-site; AED 900,000 - 1,300,000; Full time

Job summary

Mashreqbank PSC is seeking a senior trader for the Non-Linear and Structured Credit Trading desk in Abu Dhabi. The role involves pricing, risk management, and execution of complex derivative products, contributing to daily P&L and client transactions.

Ideal candidates have 6–9 years of experience in derivatives or structured-credit trading, with strong knowledge of FX and rate markets, pricing tools, and risk systems. CFA/FRM preferred and a finance/engineering background is desirable.

Qualifications

• 6–9 years of experience in derivatives or structured-credit trading.
• Knowledge of FX and rate-derivative markets, pricing tools, and risk systems.
• Strong analytical, quantitative, and communication skills.
• Degree in Finance, Mathematics, or Engineering; CFA or FRM preferred.

Responsibilities

• Execute and manage positions in FX, rate options, structured notes, and credit-linked instruments.
• Support the Head of Desk in maintaining portfolio hedges, risk metrics, and daily limit monitoring.
• Provide timely pricing to Sales and Structuring teams for competitive and compliant execution.
• Monitor market conditions, implied volatility, and spread movements to identify trading opportunities.
• Coordinate with Risk, Product Control, and Operations on trade bookings, reconciliations, and valuation checks.
• Assist in model validation, stress testing, and scenario analysis.
• Ensure adherence to internal policies, product governance standards, and regulatory frameworks.

Skills

Derivatives trading

Structured credit

Pricing tools

Risk systems

Analytical skills

Communication skills

Education

Finance/Mathematics/Engineering degree

CFA or FRM preferred

Job description

Job description

Job Purpose

Support the Non-Linear and Structured Credit Trading desk in pricing, risk management, and execution of derivative and structured-credit products. Contribute to daily P&L performance, position management, and client execution activities.

Key Result Areas

• Execute and manage positions in products such as FX and rate options, structured notes, and credit-linked instruments.
• Support the Head of Desk in maintaining portfolio hedges, risk metrics, and daily limit monitoring.
• Provide timely pricing to Sales and Structuring teams, ensuring competitive and compliant execution.
• Monitor market conditions, implied volatility, and spread movements to identify trading opportunities.
• Coordinate with Risk, Product Control, and Operations on trade bookings, reconciliations, and valuation checks.
• Assist in model validation, stress testing, and scenario analysis.
• Ensure adherence to internal policies, product governance standards, and regulatory frameworks.

Knowledge, Skills & Experience:

• 6–9 years’ experience in derivatives or structured-credit trading.
• Knowledge of FX and rate-derivative markets, pricing tools, and risk systems.
• Strong analytical, quantitative, and communication skills.
• Degree in Finance, Mathematics, or Engineering; CFA or FRM preferred.

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