Trading Risk and Control Associate

Atlas Search; New York (NY); Hybrid; USD 95,000 - 140,000; Full time

Job summary

Atlas Search in New York seeks a Trading Risk & Control Associate to sit in the Interest Rate Derivatives Desk. You will work closely with traders, quants, and analysts on swaps, options, FX, and credit products.

Responsibilities include daily valuation with greeks, MTM, PnL attribution; marking curves; monthly analysis; resolving trade discrepancies in real time; and helping streamline valuation and reporting as the desk grows.

Qualifications

• Bachelor's or Master's degree in a quantitative field; experience in a fixed income valuation, risk, or trading support.
• Solid understanding of greeks, mark-to-market, and PnL attribution.
• Proficiency in Python and Excel VBA; meticulous attention to detail and ability to work under pressure.

Responsibilities

• Produce daily valuation of the interest rate derivatives portfolio, including greeks, mark-to-market, and PnL attribution.
• Mark the curves used to calculate daily MTM and validate market input parameters.
• Run monthly valuation analysis using external data sources and internal models.
• Investigate and resolve trade discrepancies in real time, working directly with the trading desk.
• Partner with financial analysts, quants, and traders across a wide range of derivative products.

Skills

Python

Excel VBA

Education

Bachelor's or Master's degree in Financial Engineering, Finance, Computer Science

Job description

Trading Risk & Control Associate — Interest Rate Derivatives Desk — Global Bank — New York, NY (4 days in office)

A major global banking group's U.S. broker-dealer is hiring a Trading Risk & Control Associate to sit inside a small, high-visibility team supporting its interest rate derivatives trading floor. The role blends the day-to-day proximity of a trading assistant with the analytical ownership of a front-office risk seat, working directly alongside traders, quants, and analysts across swaps, options, FX, and credit products in all major currencies.

What you'll do:

Produce daily valuation of the interest rate derivatives portfolio, including greeks, mark-to-market, and PnL attribution. Mark the curves used to calculate daily MTM and validate market input parameters. Run monthly valuation analysis using external data sources and internal models. Investigate and resolve trade discrepancies in real time, working directly with the trading desk. Partner with financial analysts, quants, and traders across a wide range of derivative products. Help streamline and enhance existing valuation and reporting processes as the group grows.

What you'll need:

Bachelor's or Master's degree in Financial Engineering, Finance, Computer Science, or a related quantitative field. Experience in a fixed income-related valuation, risk, or trading support role. Solid understanding of greeks, mark-to-market, and PnL attribution. Proficiency in Python and Excel VBA. Meticulous attention to detail and strong ownership under pressure. Comfortable managing multiple priorities in a fast-moving trading environment.

Compensation:

$95K to $140K base, commensurate with experience.