Macro Rates Sales - Senior Associate (Corporates)

U.S. Bank • Chicago, NY

2d

About The Position

The Derivatives Senior Associate is a member of the Macro Rates Sales team and demonstrates and designs 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 and address matters related to credit lines, ISDA documentation, and trades. The position prepares marketing presentations with market commentary, hedging products and applications, and indicative pricing; contributes to RFP responses; coordinates with credit and legal teams to support 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 the derivatives markets.
• Thorough knowledge of fixed income and pricing of derivative applications, including swaps, swaptions, caps, floors, cross currency, and treasury locks.
• Strong analytical and problem-solving skills.
• Experience with ISDA documentation drafting.
• Understanding and knowledge of ISDA terms.
• Ability to work well both in a team environment and independently, exhibiting initiative, ownership, and flexibility.
• Strong oral and written communication skills, including the ability to translate complex financial concepts into simple terms and 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.
• Provide backup and support to assigned senior sales team members.
• Resolve issues and take initiative in matters relating to credit lines, ISDA documentation, and trades.
• Prepare marketing presentations that include current 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 ensure timely approval and execution of credit lines, ISDA documentation, and trade confirmations.
• Assist in client execution and idea generation for new interest rate derivative products.

Benefits

• Healthcare, including medical, dental, and 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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
• Incentive and recognition programs.
• Equity stock purchase.
• Pension.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior