Director, Rates Trading

Overview

The Director of Rates Trading will oversee a portfolio centered on rates products like government bonds, interest rate swaps, and related instruments. The role aims to maximize profitability within designated risk boundaries while ensuring pricing and liquidity support for sales teams and clients.

Key Responsibilities

• Execute trades involving rates instruments including government bonds, swaps, and repos within authorized limits.
• Offer competitive prices and liquidity to internal sales divisions and essential clients.
• Manage and monitor risk metrics including duration, PV01, and basis risk exposures.
• Analyze macroeconomic indicators, central bank policies, and market technicals to shape trading strategies.
• Collaborate with Market Risk and Product Control teams for reporting, asset valuation, and compliance with limits.

Qualifications and Experience

• 8 to 12 years of professional experience in rates trading.
• Deep knowledge of interest-rate markets and risk management techniques.
• Proficient in using Bloomberg terminals and risk management software tools.
• Academic degree in Finance, Economics, or a related field.

About the Employer

The hiring institution is a major financial player in the MENA region, with a legacy spanning over fifty years. Despite its long history, it embraces an innovative, challenger mindset akin to startups in banking and finance.

The team is diverse and dynamic, prioritizing customer-centric approaches. The organization focuses on pioneering innovation in banking services, enabling clients to progress daily and achieve their personal visions of success.

Committed to excellence, it strives to deliver superior client service through innovation, upholding dignity and fairness amongst colleagues while enhancing shareholder value. Additionally, it is dedicated to responsible banking practices that positively impact the wider community.