Derivatives Sales & ISDA Specialist

U.S. Bank; New York (NY); On-site; USD 135,000 - 160,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) retirement plan

Paid vacation

Parental leave

Disability insurance

Sick leave

11 paid holidays

Job summary

U.S. Bank is seeking a derivatives sales support professional to back up senior team members, manage credit lines and ISDA documentation, and prepare market-focused presentations for customer opportunities.

The role involves collaboration with credit and legal teams to ensure timely approvals and trade confirmations. Responsibilities include contributing to RFP processes, assisting in client execution and developing ideas for new interest rate derivative products, all while maintaining strong

Qualifications

• Bachelor's degree in Business, Economics, Finance, Econometrics or related field, or equivalent work experience.
• Two to five years of derivatives sales support or related experience.
• Solid understanding of complexities of the derivatives markets.
• Thorough knowledge of fixed income and pricing of derivative applications, including swaps, swaptions, caps, floors, cross currency, and treasury locks.
• Strong analytical and problem-solving skills.
• Experience with ISDA documentation drafting.
• Understanding and knowledge of ISDA terms.
• Ability to work equally well in a team environment and independently, exhibiting initiative, ownership, and flexibility.
• Strong oral and written communication skills, including the ability to translate complex financial concepts into simple terms and actionable steps.
• Strong attention to detail.
• Ability to manage multiple tasks/projects and deadlines simultaneously.

Responsibilities

• Serves as a back-up and support to assigned senior sales team members.
• Ensures issues are resolved and takes initiative in all areas relating to credit lines, ISDA documentation and trades.
• Prepares marketing presentations, including current market commentary, discussion of hedging products and applications, and indicative pricing.
• Participates and contributes to the RFP response process for customer opportunities.
• Coordinates with credit and legal teams to ensure timely approval and execution of credit lines, ISDA documentation, and trade confirmations.
• Assists in client execution and idea generation of new interest rate derivative products.

Skills

Derivatives knowledge

Fixed income pricing

ISDA drafting

ISDA terms

Analytical skills

Communication skills

Multitasking

Teamwork

Education

Bachelor's degree in Business, Economics, Finance, Econometrics or related field

Job description

U.S. Bank is seeking a derivatives sales support professional to back up senior team members, manage credit lines and ISDA documentation, and prepare market-focused presentations for customer opportunities.

The role involves collaboration with credit and legal teams to ensure timely approvals and trade confirmations. Responsibilities include contributing to RFP processes, assisting in client execution and developing ideas for new interest rate derivative products, all while maintaining strong