RV (Relative Value) Execution Trader - London / Dubai

Marlin Selection; Dubai; On-site; AED 400,000 - 600,000; Full time

Job summary

A leading recruitment firm in Dubai is seeking a seasoned RV trader with over 10 years of experience in US cash and derivatives markets. The role involves leading trading activities, managing risk and P&L, and developing sophisticated pricing models. The ideal candidate should have strong statistical analysis skills and a proven track record in portfolio optimization. A dynamic work environment and competitive compensation are offered.

Qualifications

• 10+ years of RV trading experience focused on US markets.
• Strong understanding of pricing models and volatility dynamics.
• Proven track record in data-driven decision-making.

Responsibilities

• Lead relative value trading across US Treasuries and derivatives.
• Manage P&L, risk, and funding for a multi-strategy RV book.
• Develop pricing models and statistical arbitrage tools.

Skills

US cash and derivatives expertise

Statistical analysis

Portfolio optimization

Tools

Python

MATLAB

Job description

These are high-impact roles offering autonomy, global connectivity, and the opportunity to drive alpha across complex markets. The ideal candidates will bring deep expertise in US rates, futures, swaps, and credit instruments, with a proven ability to identify mispricings, construct relative value portfolios, and manage sophisticated risk exposures.

Key Responsibilities

• Lead relative value trading across US Treasuries, agencies, futures, swaps, options, and credit derivatives (CDS, indices).
• Manage P&L, risk, and funding for a multi-strategy RV book, ensuring alignment with firm-wide risk frameworks.
• Develop and enhance pricing models, curve frameworks, and statistical arbitrage tools.
• Maintain and grow relationships with key clients, banks, and liquidity providers.
• Ensure full compliance with trading mandates, risk limits, and global regulatory standards (SEC, CFTC, FCA).

Candidate Profile

• Minimum 10 years of RV trading experience focused on US cash and derivatives (rates, futures, swaps, options).
• Deep expertise in curve trading, basis trades, futures vs. cash, swap spreads, and cross-market RV strategies.
• Strong understanding of pricing models, Greeks, and volatility dynamics in US fixed income and derivatives.
• Proven track record in statistical analysis, regression, and data-driven decision-making (Python, MATLAB, or similar).
• Experience with portfolio optimisation and funding dynamics.

If you are London or Dubai based, have RV execution experience, please do apply or call us for a confidential conversation.