Rates Trader (US Hours)

Rates Trader (US Hours)

Full-Time 60000 - 80000 £ / year (est.) No working from home possible
AAA Global

At a Glance

  • Tasks: Trade US rate instruments and develop analytics tools in a dynamic hedge fund environment.
  • Company: A successful and growing hedge fund with a focus on quantitative strategies.
  • Benefits: Competitive salary, career growth opportunities, and a chance to work with top professionals.
  • Other info: Opportunity to progress towards P&L responsibility and strategy development.
  • Why this job: Join a high-calibre team and make impactful contributions to trading strategies.
  • Qualifications: Degree in a quantitative field and experience in fixed income trading.

The predicted salary is between 60000 - 80000 £ per year.

Start Date: ASAP, no more than 6-months non-compete

About the Opportunity

Our client, a successful and growing hedge fund, is seeking a talented US rates trader to join their London operation under an established PM. The team runs a quantitatively driven strategy in US rate instruments, blending model-generated signals with hands‑on execution — a setup that rewards both analytical rigour and sharp market intuition. This is a rare chance to embed yourself in a high‑calibre environment where you'll move from execution and analytics toward P&L responsibility over time.

The Role

You will trade US rate instruments during US hours from London, operating from signal outputs generated by the team's quantitative infrastructure. The role demands fluency in US rates markets — their microstructure, pricing mechanics, and relative value dynamics — as well as the technical ability to build and maintain the dashboards and analytics tools that support the desk. The team's framework is systematic in nature, but manual execution is integral to how the strategy operates.

What We're Looking For

  • Degree in Economics, Finance, Financial Engineering, or a related quantitative field
  • Fixed income trading background, buy‑side or sell‑side, with a specialisation in US cash bonds and/or derivatives
  • Experience in a relative value rates framework — curves, spreads, cross‑instrument dynamics
  • Demonstrated ability to price and risk‑manage fixed income products
  • Hands‑on experience building analytics tools: dashboards, screeners, or similar
  • Working proficiency in Python (functional level is sufficient; strong coding is a plus)

Instruments

  • Government bonds
  • Interest rate swaps
  • Rate futures

Growth Path

After a period learning the strategy and systems, it's expected that you'll progressively take on responsibility beyond execution — contributing to new trade ideas, strategy development, system improvements, and ultimately owning a defined portion of P&L generation alongside the PM.

A Note on US Hours Trading

Direct experience trading US rates during US hours is strongly preferred and the candidate must be willing to work these hours.

Rates Trader (US Hours) employer: AAA Global

AAA Global is an excellent employer for aspiring engineers, offering a vibrant work culture that fosters collaboration and innovation in the heart of Greater London. With a focus on employee growth, you will have the chance to develop your skills in modern trading systems and crypto technologies while working alongside experienced professionals in a dynamic, agile environment. The company's commitment to maintaining a supportive atmosphere ensures that every team member can thrive and contribute meaningfully to exciting projects.

AAA Global

Contact Details:

AAA Global Recruitment Team

We think you need these skills to ace Rates Trader (US Hours)

Fluency in US rates markets
Understanding of microstructure and pricing mechanics
Relative value dynamics expertise
Fixed income trading background
Specialisation in US cash bonds and/or derivatives
Experience in a relative value rates framework
Ability to price and risk-manage fixed income products