Senior IRS Swaps Trader — Global Market-Making Leader

Marlin Selection Ltd; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading investment firm in the Greater London area is seeking a highly skilled IRS Swaps Trader with over 10 years of trading experience. The ideal candidate will have deep product knowledge in cleared interest rate swaps and cross-currency basis swaps, alongside strong analytical and programming skills. Responsibilities include market making, managing risk, and pricing across multiple products. The role offers competitive compensation and the chance to contribute to a fast-growing platform in the fixed income business.

Benefits

Competitive compensation structure

Opportunity to shape future business

Dynamic global work environment

Qualifications

• Minimum 10 years' experience trading IRS swaps at a top-tier bank or financial institution.
• Deep product knowledge of cleared interest rate swaps and cross-currency basis swaps.
• Strong understanding of market conventions, liquidity dynamics, and regulatory environment.

Responsibilities

• Execute and manage risk in cleared IRS across G10 currencies with a focus on GBP, EUR, and USD.
• Price and trade cross-currency basis swaps and asset swaps in both cleared and uncleared markets.
• Develop and maintain pricing models and analytical tools for IRS and related products.

Skills

Trading IRS swaps

Market making

Risk management

Pricing models

Analytical skills

Programming (Python, Excel/VBA)

Collaborative mindset

Job description

A leading investment firm in the Greater London area is seeking a highly skilled IRS Swaps Trader with over 10 years of trading experience. The ideal candidate will have deep product knowledge in cleared interest rate swaps and cross-currency basis swaps, alongside strong analytical and programming skills. Responsibilities include market making, managing risk, and pricing across multiple products. The role offers competitive compensation and the chance to contribute to a fast-growing platform in the fixed income business.