USD Interest Rate Swaps Trader

Associate Director, USD Interest Rate Swaps Trader

The Associate Director, USD Interest Rate Swaps Trader, is responsible for client execution, market-making, and risk management activities across different instruments within USD Interest Rate Swaps market, while modernizing the firm's pricing and risk analytics infrastructure. This role will drive client-focused revenue generation and ensure a resilient and scalable USD Interest Rate Swaps trading platform that operates with discipline, integrity, and sound risk management.

Key Responsibilities

Revenue Growth & Market-Making

• Execute and monetize client transactions in alignment with market structure (both voice and electronic) and macroeconomic outlook.
• Implement pricing tools, analytics, and automation to increase pricing efficiency and enhance monetization of client flows.
• Partner closely with Sales to deepen client engagement and showcase the firm's trading and execution capabilities at key client events

Risk Management & Infrastructure

• Ensure strict adherence to established risk limits, governance frameworks, and regulatory requirements.
• Partner with risk management teams to ensure compliance with trading limits, stress testing requirements, and control frameworks.

Basic Qualifications

• FINRA Series 7 and 63, and NFA Associated Persons designation (required).
• Bachelor's degree in Finance, Economics, Mathematics, Engineering, or related quantitative field.
• Extensive experience (5+ years) trading USD Interest Rate Swaps or related derivatives in a global markets environment.
• Deep expertise in Macro cash products, linear derivatives, and financing instruments, including modeling and risk management.
• Proven record of effective risk management, limit adherence, and regulatory engagement across changing market environments.
• Demonstrated success partnering with internal stakeholders such as Sales, Middle Office, Risk, Technology, Corporate Treasury, and Investment Portfolio.
• Ability to articulate strategy, market views, and risk considerations to senior stakeholders and external partners.

Preferred Skills & Experience

• Advanced quantitative or technical degree preferred.

Benefits:

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.