Associate/AVP, Trading Risk & Control Fixed Income Derivatives

Madison-Davis

New York, NY

JOB DETAILS
SALARY
SKILLS
Analysis Skills, Capital Markets, Cross-Functional, Derivatives, Detail Oriented, Environmental Impact, Financial Analysis, Fixed Income Investments, Global Financial Markets, Interest Rates, Market Analysis, Market Tracking, Multitasking, Process Improvement, Product Control, Profit & Loss, Risk, Risk Management, Swap Market, Time Management, Trading/Stockbroking
LOCATION
New York, NY
POSTED
22 days ago

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

About the Company

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Madison-Davis