Macro Rates Sales - Senior Associate (Corporates)
About The Position
The Derivatives Senior Associate works as a member of the Macro Rates Sales team, demonstrating and designing derivative pricing, valuation, and risk management solutions for clients. The role provides backup and support to assigned senior sales team members and takes initiative to resolve issues related to credit lines, ISDA documentation, and trades. It prepares marketing presentations with current market commentary, hedging products and applications, and indicative pricing; contributes to RFP responses; coordinates with credit and legal teams to facilitate timely approvals and execution; and assists with client execution and idea generation for new interest rate derivative products. The job location will focus on New York and Chicago.
Requirements
- Bachelor's degree in Business, Economics, Finance, Econometrics, or a related field, or equivalent work experience.
- Two to five years of derivatives sales support or related experience.
Nice To Haves
- Solid understanding of the complexities of derivatives markets.
- Thorough knowledge of fixed income and derivative pricing and applications, including swaps, swaptions, caps, floors, cross currency, and treasury locks.
- Strong analytical and problem-solving skills.
- Experience drafting ISDA documentation.
- Understanding and knowledge of ISDA terms.
- Ability to work effectively both in a team and independently, demonstrating initiative, ownership, and flexibility.
- Strong oral and written communication skills, including the ability to explain complex financial concepts in simple terms and translate them into actionable steps.
- Strong attention to detail.
- Ability to manage multiple tasks, projects, and deadlines simultaneously.
Responsibilities
- Demonstrate and design derivative pricing, valuation, and risk management solutions for clients.
- Back up and support assigned senior sales team members.
- Take initiative to resolve issues involving credit lines, ISDA documentation, and trades.
- Prepare marketing presentations featuring market commentary, hedging products and applications, and indicative pricing.
- Participate in and contribute to the RFP response process for customer opportunities.
- Coordinate with credit and legal teams to secure timely approval and execution of credit lines, ISDA documentation, and trade confirmations.
- Assist in client execution and generate ideas for new interest rate derivative products.
Benefits
- Healthcare coverage, including medical, dental, and vision.
- Basic term and optional term life insurance.
- Short-term and long-term disability coverage.
- Pregnancy disability and parental leave.
- 401(k) and employer-funded retirement plan.
- Paid vacation of 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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
- Incentive and recognition programs.
- Equity stock purchase.
- 401(k) contribution and pension, subject to eligibility requirements.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
