Trader, Interest Rate Swaps / Swaptions

Aptitude Asia Limited; Singapore; On-site; SGD 120,000 - 250,000; Full time

Job summary

A prominent proprietary trading firm is in search of an Interest Rate Swaps/Swaptions Trader for their Fixed-Income and FX Trading team in Singapore. The successful candidate will execute trades, design strategies, and analyze market conditions to ensure profitability. This role requires significant experience in fixed-income derivatives and risk management expertise.

Qualifications

• Significant experience in trading interest rate swaps or swaptions.
• Deep understanding of financial markets and macroeconomic influences.
• Expertise in risk management practices for interest rate products.

Responsibilities

• Execute trades in interest rate swaps and swaptions during Asian hours.
• Design and implement trading strategies to capitalize on market inefficiencies.
• Continuously monitor macroeconomic indicators and adjust trading strategies.

Skills

Analytical skills

Quantitative skills

Risk management

Understanding of interest rate curves

Tools

Bloomberg

Tradeweb

Job description

Our client, a prominent proprietary trading firm, is looking to hire an Interest Rate Swaps / Swaptions Trader to join its growing Fixed-Income and FX Trading team in Singapore.

Job Responsibilities

• Execute trades in interest rate swaps and/or swaptions within the APAC and/or US markets, seizing market opportunities during Asian hours.
• Design and implement trading strategies aimed at capitalizing on market inefficiencies while effectively managing risk to ensure profitability.
• Continuously monitor interest rate curves, volatility surfaces, and macroeconomic indicators to adapt trading approaches and maximize market gains.
• Conduct thorough analysis of interest rate markets, macroeconomic trends, and geopolitical factors to guide trading decisions.
• Collaborate with quantitative and research teams to develop tools and models that enhance trade execution and pricing efficiency.

Job Requirements

• Significant experience in trading interest rate swaps, swaptions, or similar fixed income derivatives within APAC and/or US markets, showcasing a proven record of profitability and risk management.
• Deep understanding of interest rate curves, market dynamics, macroeconomic influences, and the effects of monetary policy on interest rate products.
• Expertise in risk management related to interest rate instruments, including volatility, duration, curve risk, and credit exposure.
• Strong analytical and quantitative skills, with the capability to utilize data and analytics for informed trading decisions and strategy optimization.
• Familiarity with trading platforms (e.g., Bloomberg, Tradeweb) and experience with electronic trading systems and algorithmic strategies.