Delta One Swaps Trader — Hybrid, High-Impact Role

Macquarie Group; New York (NY); On-site; USD 200,000 - 300,000; Full time

Benefits offered by this job

Wellbeing leave

Parental leave

Paid time off

401(k)

Work from home equipment reimbursement

Job summary

Macquarie Group in New York is seeking a Delta One Swaps Trader to price, execute, and manage Delta One equity total return swaps across global markets. You will build and manage relationships with market participants, access securities, and optimize trading-book performance, while identifying new trading opportunities.

The role requires 5+ years of Delta One trading experience in a US sell-side environment, strong knowledge of equity finance, and a quantitative mindset.

Qualifications

• At least 5+ years of relevant experience trading Delta 1 products within a US sell-side environment.
• Strong expertise in equity swaps, equity finance, and Delta 1 market structure, with a proven track record of revenue generation.
• Some familiarity with Python is a plus, along with a strong quantitative and technology-driven mindset.
• Demonstrated ability to identify and develop new trading strategies and commercial opportunities.
• Strong understanding of risk management, balance sheet optimization, and regulatory considerations within the equity finance and Delta 1 business.
• Proven relationship management skills with counterparties, clients, and internal stakeholders.
• Ability to work effectively in a fast-paced environment and exercise sound judgment under pressure.
• A quantitative degree (such as Engineering, Computer Science, Mathematics, Physics, or a related discipline) is preferred, but not required.

Responsibilities

• Pricing, execution, and risk management of Delta One equity total return swaps.
• Identify and capitalize on new trading and revenue opportunities.
• Build and manage relationships with key market participants to access securities, enhance market intelligence, and optimize trading book performance.
• Collaborate with colleagues across trading, sales, technology, and risk to strengthen the platform and deliver client solutions.

Skills

Delta One trading

Equity finance

Relationship management

Risk management

Pressure handling

Education

Quantitative degree preferred (Engineering/CS/Math/Physics)

Tools

Python

Job description

Macquarie Group in New York is seeking a Delta One Swaps Trader to price, execute, and manage Delta One equity total return swaps across global markets. You will build and manage relationships with market participants, access securities, and optimize trading-book performance, while identifying new trading opportunities.

The role requires 5+ years of Delta One trading experience in a US sell-side environment, strong knowledge of equity finance, and a quantitative mindset.