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Director, Rates Trading

Mashreq
1 day ago
Full-time
On-site
United Arab Emirates

JobsCloseBy Editorial Insights

Mashreq is hiring a Director, Rates Trading in the United Arab Emirates, onsite, full time. You will manage a rates trading book focused on government bonds, interest-rate swaps and related instruments, optimize P&L within defined risk limits, and provide pricing and liquidity to internal Sales and key clients. Key duties include trading within approved mandates, delivering competitive pricing, managing risk metrics such as duration, PV01 and basis exposures, monitoring macroeconomic data and central bank policy, and coordinating with Market Risk and Product Control on reporting and limit monitoring. Requirements: 8–12 years in rates trading, strong understanding of interest-rate markets and risk management, proficiency in Bloomberg and risk tools, and a degree in Finance or Economics. Tips: tailor your resume to show measurable P&L results, highlight Bloomberg and risk tool proficiency, and align your application with Mashreq’s Rise Every Day mission, crafting a concise cover letter that connects your experience to the role.

Job Purpose
Manage a rates trading book focused on products such as government bonds, interest-rate swaps, and related instruments. Optimize P&L under defined risk limits while providing pricing and liquidity to sales and clients.

 

Key Result Areas
•    Trade rates products such as government bonds, swaps, and repos within approved mandates.
•    Provide competitive pricing and liquidity to internal Sales and key clients.
•    Manage risk metrics such as duration, PV01, and basis exposures.
•    Monitor macroeconomic data, central-bank policy, and market technicals to inform trading strategies.
•    Coordinate with Market Risk and Product Control on reporting, valuation, and limit monitoring.


Knowledge, Skills and Experience
•    8–12 years’ experience in rates trading.
•    Strong understanding of interest-rate markets and risk management.
•    Proficiency in Bloomberg and risk tools.
•    Degree in Finance, Economics, or related discipline.

 

The leading financial institution in MENA
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Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value. 
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