A leading global alternative investment manager is seeking an experienced Asia rates execution trader. The firm runs quantitative, systematic and fundamental strategies across global markets on proprietary systems and technology.
About the Role
The role requires deep experience executing large-size transactions across developed and emerging market Asia rates products. You will consistently deliver best execution, minimise market impact, maintain strong dealer relationships across the region, and contribute to the desk's analytics, processes and efficiency. You will execute across swaps, government bonds, futures, volatility products, total return swaps and FX, and will actively trade and support the firm's proprietary rates execution platform.
The role suits an experienced rates trader with strong technical expertise, volatility product knowledge, disciplined risk awareness and meticulous attention to detail, operating in a fast-paced macro environment.
Key Responsibilities
- Execute a broad range of Asia rates instruments: DM and EM Asia interest rate swaps, government cash bonds (onshore and offshore), bond futures, interest rate volatility products (swaptions and exchange-traded options), total return swaps, and FX spot and forwards
- Deliver best execution outcomes across both voice and electronic venues, ensuring compliance with firm policies and risk frameworks
- Collaborate closely with portfolio managers to translate macro and relative value views into efficient trade structures
- Track market liquidity, positioning and flow dynamics across Asian time zones, providing real-time market colour and actionable insight
- Maintain strong relationships with regional dealers and counterparties to secure optimal liquidity and pricing across linear and non-linear products
- Contribute to enhancements in execution analytics, transaction cost analysis and workflow automation
- Coordinate with middle and back office to ensure smooth trade capture, clearing, margin and settlement
Requirements
- Minimum five years in a trading or execution role covering Asia rates products
- Extensive experience executing DM and EM Asia swaps, government bonds in cash markets, bond futures, swaptions and exchange-traded rates options, total return swaps, and FX spot and forwards
- Strong knowledge of Asian market structure, liquidity conditions, clearing frameworks and regulatory nuance across onshore and offshore markets
- A demonstrated ability to execute large tickets in both linear and non-linear products while maintaining pricing discipline
- Solid understanding of cross-market dynamics, including US-Asia spillovers, cross-currency basis and FX-hedged rate exposures
- Proficiency across major electronic trading platforms, experience with OMS and EMS systems, and full post-trade lifecycle management
- Strong understanding of swap pricing, options Greeks, futures basis and collateral and margin mechanics
- Working knowledge of Python, SQL, VBA or similar tools for data analysis, automation and TCA development is highly desirable
- High integrity, sound judgement and strong risk and control discipline; a confident communicator with portfolio managers, dealers and cross-functional teams