EMEA Rates Trader

MFS Investment Management; Greater London; Hybrid; GBP 100,000 - 180,000; Full time

Benefits offered by this job

Hybrid work environment (remote/on‑sit

Job summary

MFS Investment Management in London is seeking an experienced trader to join our global institutional trading function, covering developed market rates, FX and money markets. You will translate investment decisions into execution, share market intelligence, and collaborate with portfolio managers and traders across regions to improve outcomes for our clients.

The role emphasizes disciplined execution, strong relationships with banks and liquidity providers, and a proactive approach to market

Qualifications

• 5‑7+ years of trading experience in asset management, hedge funds, banks or treasury.
• Solid understanding of pricing, liquidity, market microstructure, derivatives, and electronic/voice trading.
• Disciplined approach to execution quality and controls.
• Ability to draw market data conclusions and communicate them clearly to the team.
• Experience using order and execution management systems.

Responsibilities

• Execute portfolio decisions across EMEA rates, global FX and money markets.
• Monitor market conditions and central bank activity to support execution discussions.
• Develop relationships with banks, brokers and liquidity providers to access liquidity.
• Deliver market colour, trade ideas, liquidity assessments and implementation advice.
• Contribute to pre/post-trade analysis and tips for improved execution outcomes.
• Advise on trends to improve execution efficiency and costs.

Skills

Trading experience

Pricing & liquidity

Execution systems

Communication

Integrity

Tools

EMS

Job description

At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters – to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures.

THE ROLE

We are seeking an experienced trader to join our global institutional trading function, with a broad remit covering developed market rates, foreign exchange and money markets.

Operating as part of an integrated global team, the role will work closely with portfolio managers, analysts and trading colleagues across regions and time zones. The successful candidate will help translate investment decisions into effective implementation, share market intelligence and execution insights across the platform, with the ultimate aim of improving investment outcomes for our clients.

What You Will Do

• Execute portfolio decisions across a broad range of instruments, including:
  • EMEA Rates: government bonds and bills, interest rate swaps, swaptions, futures, inflation‑linked securities and associated options, including selected EM instruments where appropriate
  • Global FX: spot, forwards, NDFs and options
  • Money markets: deposits, certificates of deposit, European commercial paper, short‑dated bonds and repo/reverse repo
• Monitor market conditions, central bank activity, economic releases and positioning to support execution discussions
• Develop and maintain strong relationships with banks, brokers, liquidity providers and venues to support pricing and reliable access to liquidity
• Deliver timely market colour, trade ideas, liquidity assessments and implementation advice
• Contribute to pre‑and‑post‑trade analysis, sharing observations on liquidity, market impact and certainty of completion
• Advise on trends and opportunities to improve execution outcomes
• Partner with trading colleagues to evaluate execution options across electronic, algorithmic, RFQ and voice channels
• Drive improvements to systems, analytics, automation and controls
• Support the organisation in exploring securities lending capabilities and related opportunities, where appropriate
• Provide effective cross‑desk coverage during periods of elevated activity and colleague absence
• Partner with risk, compliance, operations and technology, combining expertise and perspectives to support a controlled trading process, with the shared aim of delivering the right outcomes for our clients

What We Are Looking For

• 5‑7+ years of relevant trading experience gained within an asset manager, hedge fund, investment bank or treasury function
• Solid understanding of pricing, liquidity, market microstructure, derivatives, and electronic and voice trading
• A disciplined approach to execution quality and associated controls
• The ability to draw relevant conclusions from market data and communicate them clearly across the investment team
• Experience using order and execution management systems
• Strong communication and relationship management skills, together with the confidence to challenge constructively
• High standards of integrity, discretion and personal accountability

At MFS, we are dedicated to building a diverse, inclusive and authentic workplace.

What We Offer

At MFS, we view our employees as family — and like you, we want our family happy and healthy. That's why we provide competitive benefits programs and family‑friendly policies which support the work‑life balance needs of our employees.

hybrid work environment (remote/onsite) unless otherwise stated in the job posting.

If any applicant is unable to complete an application or respond to a job opening because of a disability, please contact MFS at 617‑954‑5000 or email [e-mail] for assistance.

MFS is an Equal Opportunity Employer and it is our policy to not discriminate against any employee or applicant for employment because of race, color, religion, sex, national origin, age, marital status, sexual orientation, gender identity, genetic information, disability, veteran status, or any other status protected by federal, state or local laws. Employees and applicants of MFS will not be subject to harassment on the basis of their status. Additionally, retaliation, including intimidation, threats, or coercion, because an employee or applicant has objected to discrimination, engaged or may engage in filing a complaint, assisted in a review, investigation, or hearing or have otherwise sought to obtain their legal rights under any Federal, State, or local EEO law is prohibited. Please see the Know Your Rights: Workplace Discrimination is Illegal document, linked for your reference.