Senior IRS Swaps Trader — Global Markets Leader

Marlin Selection; Greater London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A leading financial institution in London is seeking a highly skilled IRS Swaps Trader with over 10 years of experience. In this role, you will manage risk, execute trades, and develop pricing models for cross-currency and interest rate swaps. Ideal candidates will possess deep product knowledge and a proven track record in generating profits. Join a dynamic team and enjoy competitive compensation aligned with performance while helping shape the future of the firm’s fixed income business globally.

Benefits

Competitive compensation structure

Qualifications

• Minimum 10 years’ experience trading IRS swaps at a top-tier bank or financial institution.
• Deep product knowledge of cleared interest rate swaps, cross-currency basis swaps, and asset swap pricing.
• Collaborative and entrepreneurial mindset with a willingness to help scale a growing platform.

Responsibilities

• Execute and manage risk in cleared IRS across G10 currencies.
• Develop and maintain pricing models and analytical tools for IRS and related products.
• Monitor market developments and provide real-time pricing to clients and stakeholders.

Skills

Experience with cleared interest rate swaps

Strong understanding of market conventions

Proven track record in generating P&L

Experience with major CCPs

Analytical and quantitative skills

Tools

Python

Excel / VBA

Job description

A leading financial institution in London is seeking a highly skilled IRS Swaps Trader with over 10 years of experience. In this role, you will manage risk, execute trades, and develop pricing models for cross-currency and interest rate swaps. Ideal candidates will possess deep product knowledge and a proven track record in generating profits. Join a dynamic team and enjoy competitive compensation aligned with performance while helping shape the future of the firm’s fixed income business globally.