Front Office Rates Specialist

Front Office Rates Specialist

Full-Time 80000 - 100000 £ / year (est.) No working from home possible
Macquarie Bank Limited

At a Glance

  • Tasks: Join a global team to power pricing and risk engines in financial markets.
  • Company: Macquarie, a leading global financial services group with 57 years of profitability.
  • Benefits: Generous leave policies, wellbeing support, and professional development opportunities.
  • Other info: Diverse and inclusive workplace with hybrid working options.
  • Why this job: Make an impact in global markets while shaping your career in a supportive environment.
  • Qualifications: Degree in a quantitative field and experience in markets or risk analytics.

The predicted salary is between 80000 - 100000 £ per year.

Help power the pricing and risk engine behind global markets. This role puts you at the heart of curve production, shaping the data and models that enable trading, valuation and risk decisions while contributing to modernisation initiatives across a globally connected team. We are a global financial services group operating in 30 markets with 57 years of unbroken profitability. At Macquarie, you're empowered to shape a career that is fulfilling and creates value.

You will bring your insights and expertise to the task at hand and feel supported as you make your own kind of impact for a better future.

What role will you play? You join the Rates Management team within the Commodities and Global Markets Central Division and play a central role in producing and enhancing the official curve sets that support end of day valuation, risk and regulatory reporting across commodities, foreign exchange and interest rate markets. Working closely with trading, risk and technology stakeholders, you analyse business requirements, translate them into scalable data and platform solutions, and drive improvements that strengthen data quality and model robustness. The role blends operational ownership with change delivery, from overseeing the daily rate build and resolving complex data or calculation issues, to supporting platform modernisation and onboarding new products and markets through robust rate capture and derivation frameworks. As a trusted point of expertise, you provide guidance on rates and curve construction, helping teams make informed decisions and enabling consistent, high quality outcomes across the organisation.

What you offer:

  • Degree in a quantitative discipline or equivalent experience in markets, risk analytics or market data environments
  • Strong understanding of derivatives across commodities, foreign exchange and/or interest rate markets
  • Analytical and problem solving capability, with a proactive approach to managing complex challenges
  • Ability to collaborate across business, technology and risk teams and translate requirements into practical, scalable solutions
  • Experience with Python and/or SQL and familiarity with market data providers such as Bloomberg or Refinitiv is advantageous

We encourage you to apply.

What we offer:

  • 1 wellbeing leave day per year and a minimum of 25 days of annual leave.
  • 26 weeks' paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks' paid leave for secondary caregivers
  • Paid fertility leave for those undergoing or supporting fertility treatment
  • 2 days of paid volunteer leave and donation matching
  • Access to a wide range of salary sacrificing options
  • Benefits and initiatives to support your physical, mental and financial wellbeing including comprehensive medical and life insurance cover
  • Access to our Employee Assistance Program, a robust behavioural health network with counselling and coaching services
  • Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription
  • Access to company funded emergency and backup dependent care services
  • Recognition and service awards
  • Hybrid and flexible working arrangements, dependent on role
  • Reimbursement for work from home equipment

Our commitment to diversity, equity and inclusion: We are committed to providing a working environment that embraces diversity, equity, and inclusion. We encourage people from all backgrounds to apply regardless of their identity, including age, disability, neurodiversity, gender (including gender identity or expression), sexual orientation, marriage or civil partnership, pregnancy, parental status, race (including ethnic or national origin), religion or belief, or socio-economic background. We welcome further discussions on how you can feel included and belong at Macquarie as you progress through our recruitment process. Our aim is to provide reasonable adjustments to individuals as required during the recruitment process and in the course of employment. If you require additional assistance, please let us know during the application process.

Front Office Rates Specialist employer: Macquarie Bank Limited

Macquarie Asset Management is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation within the Liquid Credit Investment Solutions and Strategy team. With a strong commitment to employee wellbeing, including generous leave policies, professional development opportunities, and a focus on diversity and inclusion, Macquarie empowers its employees to thrive both personally and professionally while contributing to meaningful financial solutions in a global context.

Macquarie Bank Limited

Contact Details:

Macquarie Bank Limited Recruitment Team

We think you need these skills to ace Front Office Rates Specialist

Analytical Skills
Problem-Solving Skills
Collaboration Skills
Python
SQL
Understanding of Derivatives
Market Data Analysis