Derivatives Trader

One Ten Associates; Greater London; On-site; GBP 110,000 - 160,000; Full time

Job summary

One Ten Associates in London is seeking a Derivatives Trader / Structurer to join its investment team as it opens a new London office. You will work with the Deputy CIO on developing and implementing ideas across global markets, focusing initially on developed-markets interest-rate derivatives.

The role combines trade analysis, portfolio construction and hands-on structuring, with travel to Dubai and collaboration with the Dubai team as needed.

Qualifications

• Approximately 2–5 years' experience in interest-rate derivatives.
• Experience at a leading investment bank, hedge fund or institutional platform preferred.
• Degree classification of 2:1 or First from a leading university; quantitative discipline emphasized.

Responsibilities

• Supporting the analysis, structuring and implementation of derivatives trades across global markets.
• Working closely with the Deputy CIO and senior investment professionals on portfolio construction and trade development.
• Focusing initially on developed-markets interest-rate derivatives across Europe, the US and Asia.
• Analyzing opportunities across IRS, curve trades, bond asset swaps, listed options and OTC swaptions.
• Assessing relative value, risk/reward, liquidity and portfolio implications.
• Monitoring existing positions and evaluating changing market conditions and opportunities.
• Working closely with the wider investment team in Dubai, including periodic travel.

Skills

Interest-rate derivatives

Trade analysis

Portfolio construction

Quantitative skills

Education

2:1 degree, First preferred

Mathematics, Engineering, Physics or other quantitative discipline

Job description

We are working with a highly regarded global investment fund that is launching a new London office and is looking to appoint a Derivatives Trader / Structurer to join its investment team.

The successful individual will work directly with the firm's Deputy CIO in London and become part of a c.$1.3bn global macro strategy. The role will initially focus on developed-markets interest-rate derivatives, with scope to broaden into a wider multi-product derivatives remit over time.

This is not simply an execution role. The successful candidate will be closely involved in trade analysis, portfolio construction and the implementation of investment ideas across global markets.

The Role

Key responsibilities will include:

• Supporting the analysis, structuring and implementation of derivatives trades across global markets


• Working closely with the Deputy CIO and senior investment professionals on portfolio construction and trade development


• Focusing initially on developed-markets interest-rate derivatives across Europe, the US and Asia


• Analysing opportunities across IRS, curve trades, bond asset swaps, listed options and OTC swaptions


• Assessing relative value, risk/reward, liquidity and portfolio implications


• Monitoring existing positions and evaluating changing market conditions and opportunities


• Working closely with the wider investment team in Dubai, including periodic travel

The Profile

We are particularly interested in speaking with candidates with approximately 2–5 years' experience in interest-rate derivatives, ideally gained within a leading investment bank, hedge fund or institutional investment platform.

The successful individual is likely to demonstrate:

• Knowledge of IRS, curve trades, bond asset swaps, listed options and OTC swaptions


• Strong trade analysis, portfolio construction and quantitative skills


• A minimum 2:1 degree, ideally a First, from a leading university


• A degree in Mathematics, Engineering, Physics or another quantitative discipline


• Strong intellectual curiosity, ambition and the ability to work closely with senior investment professionals

The role is based in London, with periodic travel to Dubai.

This is a strong opportunity for an ambitious derivatives professional to join a high-performing global macro platform at the launch of its London office and develop into a broader multi-product investment role.