Rates Trader

Macquarie Bank Limited; London; On-site; NOK 2,284,000 - 3,172,000; Full time

Benefits offered by this job

Wellbeing leave day

Annual leave: 25 days

Parental leave (26 weeks)

Transition leave

Fertility leave

Volunteer leave

Donation matching

Salary sacrificing

Medical & life insurance

Employee Assistance Program

Membership reimbursement

Dependent care services

Recognition programs

Hybrid & flexible work

Job summary

Macquarie Bank Limited is seeking a senior trader for the Emerging Markets Macro Trading desk within the Interest Rate Derivatives team. You will independently manage risk and trade macro products with a focus on Central and Eastern Europe, the Middle East and Africa, leveraging market insight to identify opportunities and drive growth across a global platform.

In this role, you will collaborate with colleagues across trading, sales and risk to navigate cross-border access, balance sheet

Qualifications

• 6-10 years’ experience trading interest rate and macro products, with a strong focus on Emerging Markets.

Responsibilities

• Manage risk and trade macro products within the Emerging Markets Macro Trading desk.
• Focus on Central and Eastern Europe, the Middle East and Africa markets, identifying opportunities and contributing to franchise growth.
• Collaborate with trading, sales and risk teams to navigate cross-border market access and funding dynamics.

Skills

EM Trading

Risk management

Cross-border trading

Market strategy

Stakeholder collaboration

Job description

Shape the future of Emerging Markets trading within a growing global platform. Joining our Interest Rate Derivatives Trading team, you will play a key role in developing and expanding our Emerging Markets Macro franchise, applying your market expertise to identify opportunities, manage risk and drive commercial outcomes across a dynamic and international landscape.

We are a global financial services group operating in 30 markets with 57 years of unbroken profitability. At Macquarie, you’re empowered to shape a career that is fulfilling and creates value. You will bring your insights and expertise to the task at hand and feel supported as you make your own kind of impact for a better future.

What role will you play?

Working as part of our Emerging Markets Macro Trading desk, within the Interest Rate Derivatives team, you will independently manage risk and trade macro products with a particular focus on Central and Eastern Europe, the Middle East and Africa markets. Leveraging your market insight and entrepreneurial mindset, you will identify and execute trading opportunities while contributing to the growth of the franchise and delivering value for clients. Close collaboration with colleagues across trading, sales and risk functions will enable you to navigate cross-border market access, balance sheet considerations and funding dynamics, helping to shape innovative approaches to risk management and business development. As part of a close-knit and highly collaborative trading team, you will be expected to communicate openly, share market views and ideas proactively, and contribute to a strong team culture that supports effective decision-making and collective success across the desk.

What you offer

• 6-10 years’ experience trading interest rate and macro products, with a strong focus on Emerging Markets
• Demonstrated ability to initiate risk positions, manage risk independently and deliver consistent trading performance in dynamic market environments
• Strong understanding of Central and Eastern Europe, the Middle East and Africa markets, including cross-border trading considerations and funding dynamics
• Entrepreneurial mindset with a track record of identifying opportunities, building relationships and contributing to franchise growth
• Excellent communication and collaboration skills, with the ability to work effectively with a broad range of stakeholders and functions across a global organisation

What we offer

At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:

• 1 wellbeing leave day per year and a minimum of 25 days of annual leave.
• 26 weeks’ paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks’ paid leave for secondary caregivers
• Paid fertility leave for those undergoing or supporting fertility treatment
• 2 days of paid volunteer leave and donation matching
• Access to a wide range of salary sacrificing options
• Benefits and initiatives to support your physical, mental and financial wellbeing including, comprehensive medical and life insurance cover
• Access to our Employee Assistance Program, a robust behavioural health network with counselling and coaching services
• Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription
• Access to company funded emergency and backup dependent care services
• Recognition and service awards
• Hybrid and flexible working arrangements, dependent on role
• Reimbursement for work from home equipment

About Commodities and Global Markets

Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base across Commodities, Financial Markets and Asset Finance.

Inclusion at Macquarie

We are committed to providing an inclusive environment for all, where different experiences, skills and perspectives are valued and respected. Macquarie provides access to opportunities for all individuals regardless of their identity, including age, disability, neurodiversity, gender (including gender identity or expression), sexual orientation, marriage or civil partnership, pregnancy, parental status, race (including ethnic or national origin), religion or belief, or socio-economic background.
We provide reasonable adjustments to individuals who may need support during the recruitment process and employment. If you require an adjustment, please let us know during the application process.