Derivatives Trader | Dubai, UAE | In-Office
A leading bank in the UAE is seeking a technically strong, commercially aware Derivatives Trader to support the build-out of its structured trading desk. This is a high-impact role focused on developing and executing derivatives strategies across Rates and Commodities with a clear mandate to enhance the trading & structuring capability of the desk. Key Responsibilities: • Trading and pricing of derivatives, particularly Swaps and structured products. • Taking full ownership of P&L: pricing risk, expressing market views, and managing positions. • Supporting product structuring, modelling, and delivery of bespoke hedging solutions. • Collaborating with internal risk, legal, and treasury stakeholders to ensure efficient and compliant execution. • Working with commodity-linked instruments (especially oil and precious metals). Ideal Candidate Profile: • Currently trading derivatives – pricing and execution experience is essential. • Must have hands-on Swaps trading experience; Rates-only profiles may be considered if technically strong. • Solid academic foundation in quantitative disciplines (mathematics, engineering, physics, finance) – CFA, or similar qualifications are highly valued. • Proficiency in risk modelling and pricing tools such as Murex, Calypso, Python, or VBA. • Shariah-compliant or Islamic structured product experience is beneficial, but not essential. Additional Details: • Candidates must be able to join within 1–2 months. • Preference for those already based in the UAE or wider GCC, though strong external profiles (Malaysia, UK, Europe) may be considered if relocation is viable within timeframes above. • The desk operates lean and fast – this is a plug-and-play role for someone who enjoys technical ownership and strategic influence. This is a rare opportunity to join a growing desk in a strategic, high-visibility role where you’ll shape real trading outcomes. Ideal for someone who thrives on autonomy, technical complexity, and multi-asset exposure in a forward-leaning environment.
