Interest Rate Trader, Foreign Wholesale Bank

TARGET PARTNERS EXECUTIVE SEARCH PTE. LTD.; Singapore; On-site; SGD 180,000 - 320,000; Full time

Job summary

Our client, a rapidly growing foreign wholesale bank in Singapore, seeks an experienced Interest Rate Trader to manage rates portfolios and execute market-making strategies. You will collaborate with Corporate Banking, Treasury Sales, DCM and FI teams to originate hedging transactions and deliver client-focused rate risk solutions.

The role demands deep knowledge of fixed income and derivatives, MAS regulatory awareness, and the ability to coach junior team members in a dynamic market

Qualifications

• 8–15 years of experience in the Rates space within banking Treasury or related environment.

Responsibilities

• Manage interest rate trading positions and portfolios to meet annual revenue targets.
• Provide market-making and pricing to corporate clients across IRS, CCS, FRA, Bonds, IR structures.
• Execute proprietary and client-driven trading strategies across all interest rate products.
• Offer competitive pricing, market-making and trade execution to internal and external clients.
• Generate trading ideas for sales through macro analysis and yield curve insights.
• Identify risk exposures, reposition portfolios, and implement hedging strategies.

Skills

Interest rate trading

Derivatives

Fixed income

Market risk management

Analytical skills

Stakeholder management

Job description

Our client is a rapidly growing foreign wholesale bank in Singapore. As part of their efforts to grow their global markets franchise, they are seeking to hire an Interest Rate Trader. Key responsibilities include:

• Manage interest rate trading positions and portfolios to achieve annual revenue targets by providing market-making and pricing to corporate clients
• Execute proprietary and client-driven trading strategies across all interest rate products (IRS, CCS, FRA, Bonds, IR Structured products, B/S hedging solutions)
• Provide competitive pricing, market-making and trade execution services to internal and external clients to generate revenue from flows as necessary
• Generate trading ideas to sales team and identify market opportunities through macroeconomic, rate cycle and yield curve analysis.
• Actively identify risk exposures, portfolio repositioning and hedging strategies.
• Partner with Corporate Banking, Treasury Sales, DCM, Private Banking and Financial Institutions teams to originate and execute client hedging transactions.
• Develop and promote interest rate risk management solutions tailored to client requirements regularly.
• Support cross-selling initiatives involving FX, interest rates, fixed income and structured solutions as appropriate.
• Build and maintain strong relationships with key internal and external stakeholders to expand Treasury business opportunities.
• Ensure product area is compliant with risk limits, internal guidelines and regulations
• Manage Ad-hoc projects as and when assigned by Head of Treasury

Requirements

• 8-15 years of related working experience holding portfolio in the Rates space within the Banking industry in Treasury Department
• Strong analytical, communication and stakeholder management skills
• In depth product knowledge of fixed income, derivatives and market risk management
• Knowledge of MAS regulations and experience in coaching younger team member
• Coaching junior team members with guidance, instruction, mentorship and planning
• Team player and yet ability to work effectively under pressure in a dynamic market environment

We regret that only shortlisted candidates will be notified.

[Joe Chua, R1105627]