Title: Associate/AVP, Trading Risk & Control Fixed Income Derivatives
Office Status: Hybrid New York, NY
Base Salary: $95k $140k + Bonus
ABOUT THE ROLE This is a first-line Trading Risk and Control opportunity within the Capital Markets division of a leading global financial institution, sitting directly on the interest rate derivatives trading floor with coverage across all major currencies. The role offers genuine breadth spanning daily valuation, Greeks production, P&L attribution, curve marking, and model analysis across swaps, options, FX, and credit products making it an ideal fit for a Fixed Income risk or product control professional who wants meaningful exposure to the full derivatives lifecycle in a lean, high-impact team environment. Candidates with market risk or product control backgrounds covering rates and options will be well positioned.
RESPONSIBILITIES- Perform daily valuation of the Capital Markets derivatives portfolio including production of Greeks, mark-to-market calculations, and P&L attribution across interest rate derivatives
- Mark curves used in daily MTM calculations;ensure all market input parameters are accurate and up to date
- Conduct deep analysis of interest rate derivative valuations and market risk, applying sound knowledge of key valuation approaches and models
- Undertake monthly valuation analysis using external data sources and internal models
- Monitor global financial markets, follow market movements, and assess the impact on the derivatives portfolio
- Proactively investigate and resolve trade discrepancies in a timely and independent manner
- Enhance and streamline existing working processes to improve efficiency and accuracy
- Collaborate with financial analysts, quants, and traders across a broader cross-functional team
- Handle multiple projects simultaneously under pressure with strong attention to detail and accountability