GBP Swaps Trader

UBS; City Of London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A global wealth management firm in London is seeking a Senior GBP Swaps Trader. The role involves leading the trading desk, managing risks, and driving revenue growth across GBP swaps. Candidates should have extensive experience in GBP swaps trading and a strong understanding of UK markets. This position offers opportunities for career growth and embraces diverse experiences and backgrounds.

Qualifications

• Extensive track record in GBP Swaps Trading & deep understanding of UK markets.
• Proficiency to build analysis spreadsheets for RV analysis and risk modelling.
• Regulatory licenses to trade in London.

Responsibilities

• Lead the GBP swaps trading desk.
• Deliver consistent P&L through active market making.
• Manage trading, execution, operational and compliance risk.

Skills

GBP Swaps Trading

Client franchise growth

Risk modelling

Financial analysis

Education

Bachelor’s degree in finance, economics, or other quantitative field

Job description

Overview

Job Reference #

323504BR

City

London

Job Type

Full Time

Your role

We are seeking a dynamic and experienced individual to join our GBP Swaps Franchise. This is a senior role, with responsibility for driving revenue and shaping strategy across the GBP swaps franchise.

Responsibilities

• Lead the GBP swaps trading desk.
• Keep on top of market developments and trading opportunities.
• Deliver consistent P&L through active market making and risk management.
• Follow regulations and internal policies, including quality of execution, pricing, hedging, trading limits and compliance policies.
• Manage trading, execution, operational and compliance risk, amongst others.
• Partner with sales and other trading teams to generate revenue and grow the client franchise.

Your Career Comeback

We are open to applications from career returners. Find out more about our program on the UBS career comeback page – ub s.com/careercomeback.

Your team

You’ll be joining a growing fixed income franchise, specifically working in the GBP Rates trading team in London. We trade a range of interest rate products across the GBP markets, and provide advice, solutions and execution in a simple, intuitive and flexible way. This benefits our corporate, institutional and wealth management clients. As a rates trader, you’ll play an important role in helping our clients identify and access the products and liquidity they need.

Your expertise

• Extensive track record in GBP Swaps Trading & deep understanding of UK markets
• Commercially driven with a clear focus on client franchise growth
• Proficiency to build analysis spreadsheets for RV analysis and risk modelling
• Fixed income analysis and modelling skills, with an ability to communicate trading ideas clearly
• Bachelor’s degree or equivalent in finance, economics or other quantitative field
• Regulatory licenses to trade in London

*LI-GB

About us

UBS is the world’s largest and the only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.

We have a presence in all major financial centers in more than 50 countries.

Join us

At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We’re dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. We also recognize that great work is never done alone. That’s why collaboration is at the heart of everything we do. Because together, we’re more than ourselves.

We’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.

Disclaimer / Policy statements

UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.