GBP Swaps Trader

1 week ago

London, Greater London, United Kingdom UBS Full time £120,000 - £240,000 per year

Job Reference #
323504BR

Job Type
Full Time

Your role
We are seeking a dynamic and experienced individual to join our GBP Swaps Franchise. This is a senior role, with responsibility for driving revenue and shaping strategy across the GBP swaps franchise.

We are looking for a GBP Swaps trader to:

  • Lead the GBP swaps trading desk.
  • keep on top of market developments and trading opportunities
  • Deliver consistent P&L through active market making and risk management
  • Follow regulations and internal policies, including quality of execution, pricing, hedging, trading limits and compliance policies
  • Manage trading, execution, operational and compliance risk, amongst others
  • Partner with sales and other trading teams to generate revenue and grow the client franchise

Your team
You'll be joining a growing fixed income franchise, specifically working in the GBP Rates trading team in London. We trade a range of interest rate products across the GBP markets, and provide advice, solutions and execution in a simple, intuitive and flexible way. This benefits our corporate, institutional and wealth management clients. As a rates trader, you'll play an important role in helping our clients identify and access the products and liquidity they need.

Your expertise

  • Extensive track record in GBP Swaps Trading & deep understanding of UK markets
  • Commercially driven with a clear focus on client franchise growth
  • Proficiency to build analysis spreadsheets for RV analysis and risk modelling
  • Fixed income analysis and modelling skills, with an ability to communicate trading ideas clearly
  • Bachelor's degree or equivalent in finance, economics or other quantitative field
  • Regulatory licenses to trade in London

About Us
UBS is the world's largest and the only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.

We have a presence in all major financial centers in more than 50 countries.

Join us
At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We're dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. We also recognize that great work is never done alone. That's why collaboration is at the heart of everything we do. Because together, we're more than ourselves.

We're committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.

Disclaimer / Policy Statements
UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.

Your Career Comeback
We are open to applications from career returners. Find out more about our program on

  • Gilts Trader, VP or Associate Level to be no 2 in an expanding GBP Rates business, London

    2 weeks ago

    London, Greater London, United Kingdom Hanrahan Associates Financial Markets Executive Search Full time £80,000 - £120,000 per year

    Role DescriptionI am recruiting for a VP or Associate or possibly senior Analyst level experienced Gilts market maker, for a role based in London with a lean, entrepreneurial bank, which is growing it's GBP Rates Trading business.Ideal candidates would have 2-5 years' experience market making and trading Gilts with a strong knowledge of the Gilts market, and...

  • Equity Swaps Trader – EMEA, Assistant Vice President, Onsite

    10 hours ago

    London, Greater London, United Kingdom State Street Full time

    Who We Are Looking ForState Street Prime Services is an alternative to prime brokerage and is a platform that allows clients to borrow securities and finance from a segregated custody account. This structure can reduce counterparty risk, offers additional transparency, and provides greater control over assets. The result is a more efficient and...

  • Global Rates

    2 weeks ago

    London, Greater London, United Kingdom JPMorganChase Full time £1,200,000 - £1,500,000 per year

    DescriptionThe Rates group at J.P. Morgan is a world leader in providing liquidity, sales ideas and risk management services across fixed income securities and derivatives for corporations, financial institutions and governments. Across the G10 currencies, from electronic government bond trading to tailored structured interest rate solutions, clients are...

  • Macro Execution Trader – Hedge Fund

    2 days ago

    London, Greater London, United Kingdom Jobs via eFinancialCareers Full time £100,000 - £200,000 per year

    The successful candidate will join a high performance trading group, supporting some of the top macro and fixed income RV PMs globally. In addition to the execution of trades (across the rates/macro product universe), in this highly collaborative role the Execution Trader will work in concert with portfolio managers, research and technology to continually...

  • Discretionary Trader

    6 hours ago

    London, Greater London, United Kingdom Jobs via eFinancialCareers Full time

    £110, ,000 GBPPerformance Related BonusesOnsite WORKINGLocation:Central London, Greater London - United KingdomType:PermanentMy client are a leading global quantitative hedge fund specialising in systematic and discretionary trading across asset classes. With deep expertise in research, technology, and risk management, they deploy capital worldwide in...

  • Senior Crude Oil Trader

    1 week ago

    London, Greater London, United Kingdom Shipping and Trading Network Full time £100,000 - £250,000 per year

    Job Title: Senior Crude Oil Trader - paper or physicalLocation: London, United KingdomDepartment: Trading - Crude OilType: Full-time / PermanentJob Overview:We are seeking a highly experienced and commercially astute Senior Crude Oil Trader to join our London trading team. You will be responsible for originating and executing physical and/or paper crude oil...

  • stir trader

    2 weeks ago

    London, Greater London, United Kingdom BBVA Full time £60,000 - £120,000 per year

    Excited to grow your career?BBVA is a global company with more than 160 years of history that operates in more than 25 countries where we serve more than 80 million customers. We are more than 121,000 professionals working in multidisciplinary teams with profiles as diverse as financiers, legal experts, data scientists, developers, engineers and...

  • Senior UK Structured Power Trader

    1 week ago

    London, Greater London, United Kingdom Engelhart Full time £60,000 - £120,000 per year

    About UsEngelhart was founded in 2013 by BTG Pactual Group as a commodities trading company. Our business model is "asset light" and highly diversified – giving us the ability to adapt effectively and nimbly to changing market conditions. We have assembled successful multidisciplinary teams, leveraging advanced fundamental analysis with deep quantitative...

  • Power Trader, UK Markets

    2 weeks ago

    London, Greater London, United Kingdom Engelhart Full time £120,000 - £150,000 per year

    About UsEngelhart was founded in 2013 by BTG Pactual Group as a commodities trading company. Our business model is "asset light" and highly diversified – giving us the ability to adapt effectively and nimbly to changing market conditions. We have assembled successful multidisciplinary teams, leveraging advanced fundamental analysis with deep quantitative...

  • Global Rates

    1 week ago

    London, Greater London, United Kingdom JPMorganChase Full time £104,000 - £150,000 per year

    DescriptionJoin our Euro Swaps Trading Desk, supporting trading strategies and client engagement in dynamic markets.As an Analyst on the Euro Swaps Trading Desk, you will play a key role in shaping trading strategies and supporting the desk's success. You will work closely with clients and team members, applying your market knowledge and analytical skills to...