Job Title United States Dollar (USD) Swaps Trader

Location London

Corporate Title Analyst/ Associate

Deutsche Bank’s Rates business leads with scale and strength in providing asset and liability solutions to

institutional and corporate clients globally. We give clients access to the Bank’s liquidity and product expertise through our global sales, trading, and structuring teams, as well as our electronic trading channels. Our product range includes fixed income securities and derivatives in interest rates.

You will be working closely with traders and will be interacting with various other teams including, but not

limited to, sales, structuring, research, and control functions. You will be responsible for managing the trading desk including pricing, trading, and risk management.

What we’ll offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

You can expect:  

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
• Competitive salary and non-contributory pension
• 30 days’ holiday plus bank holidays, with the option to purchase additional days
• Life Assurance and Private Healthcare for you and your family
• A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
• The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year

Your key responsibilities

• Market Making and Risk Management of USD Interest Rates Derivatives
• Providing liquidity and recycling risk profitably
• Further developing and enhancing the USD Rates franchise
• Interacting with clients, sales and internal stakeholders across Trading, Coverage and Structuring functions to generate new business and develop product synergies
• Building a sustainable business and market share
• Analysing market structure and the opportunities and threats there-in and managing financial risk and nonfinancial risks

Your skills and experience

• Strong quantitative skills
• Proven risk management skills
• A deep understanding of the asset class
• A deep understanding of capital and regulatory matters in derivatives
• Experience working in front office and with front office stakeholders

How we’ll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
• We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (for example, screen readers, assistive hearing devices, adapted keyboards)

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to have been named in The Times Top 50 Employers for Gender Equality 2024 for five consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.