EMEA Rates Trader in London

EMEA Rates Trader in London

London Full-Time 59400 - 72600 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Execute trading decisions across EMEA rates, FX, and money markets while collaborating globally.
  • Company: Join MFS, a supportive and inclusive workplace that values teamwork and community.
  • Benefits: Enjoy competitive benefits, hybrid work options, and a family-friendly environment.
  • Other info: MFS promotes diversity and encourages applicants from all backgrounds to apply.
  • Why this job: Make a real impact in finance while developing your skills in a dynamic team.
  • Qualifications: 5-7 years of trading experience with strong communication and analytical skills.

The predicted salary is between 59400 - 72600 £ per year.

At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favouring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters – to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures.

THE ROLE

We are seeking an experienced trader to join our global institutional trading function, with a broad remit covering developed market rates, foreign exchange and money markets. Operating as part of an integrated global team, the role will work closely with portfolio managers, analysts and trading colleagues across regions and time zones. The successful candidate will help translate investment decisions into effective implementation, share market intelligence and execution insights across the platform, with the ultimate aim of improving investment outcomes for our clients.

WHAT YOU WILL DO

  • Execute portfolio decisions across a broad range of instruments, including:
    • EMEA Rates: government bonds and bills, interest rate swaps, swaptions, futures, inflation-linked securities and associated options, including selected EM instruments where appropriate
    • Global FX: spot, forwards, NDFs and options
    • Money markets: deposits, certificates of deposit, European commercial paper, short-dated bonds and repo/reverse repo
  • Monitor market conditions, central bank activity, economic releases and positioning to support execution discussions
  • Develop and maintain strong relationships with banks, brokers, liquidity providers and venues to support pricing and reliable access to liquidity
  • Deliver timely market colour, trade ideas, liquidity assessments and implementation advice
  • Contribute to pre- and post-trade analysis, sharing observations on liquidity, market impact and certainty of completion
  • Advise on trends and opportunities to improve execution outcomes
  • Partner with trading colleagues to evaluate execution options across electronic, algorithmic, RFQ and voice channels
  • Drive improvements to systems, analytics, automation and controls
  • Support the organisation in exploring securities lending capabilities and related opportunities, where appropriate
  • Provide effective cross-desk coverage during periods of elevated activity and colleague absence
  • Partner with risk, compliance, operations and technology, combining expertise and perspectives to support a controlled trading process, with the shared aim of delivering the right outcomes for our clients

WHAT WE ARE LOOKING FOR

  • 5-7+ years of relevant trading experience gained within an asset manager, hedge fund, investment bank or treasury function
  • Solid understanding of pricing, liquidity, market microstructure, derivatives, and electronic and voice trading
  • A disciplined approach to execution quality and associated controls
  • The ability to draw relevant conclusions from market data and communicate them clearly across the investment team
  • Experience using order and execution management systems
  • Strong communication and relationship management skills, together with the confidence to challenge constructively
  • High standards of integrity, discretion and personal accountability

At MFS, we are dedicated to building a diverse, inclusive and authentic workplace. If you are excited about this role but your past experience doesn't align perfectly, we encourage you to apply - you might be just the right candidate for this role or others.

What we offer:

At MFS, we view our employees as family — and like you, we want our family happy and healthy. That's why we provide competitive benefits programmes and family-friendly policies which support the work-life balance needs of our employees. MFS is a hybrid work environment (remote/onsite) unless otherwise stated in the job posting.

If any applicant is unable to complete an application or respond to a job opening because of a disability, please contact MFS at 617-954-5000 or email talent_acquisition@mfs.com for assistance. MFS is an Equal Opportunity Employer and it is our policy to not discriminate against any employee or applicant for employment because of race, colour, religion, sex, national origin, age, marital status, sexual orientation, gender identity, genetic information, disability, veteran status, or any other status protected by federal, state or local laws. Employees and applicants of MFS will not be subject to harassment on the basis of their status. Additionally, retaliation, including intimidation, threats, or coercion, because an employee or applicant has objected to discrimination, engaged or may engage in filing a complaint, assisted in a review, investigation, or hearing or have otherwise sought to obtain their legal rights under any Federal, State, or local EEO law is prohibited.

EMEA Rates Trader in London employer: MFS

At MFS, we pride ourselves on fostering a supportive and inclusive work culture that prioritises employee well-being and professional growth. As a Marketing Manager focusing on the DACH retail markets, you will benefit from our hybrid work environment, competitive benefits, and a collaborative atmosphere that encourages innovation and teamwork. Join us in making a meaningful impact while enjoying a fulfilling career in a company that values its people and their contributions.

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Contact Details:

MFS Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land EMEA Rates Trader in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like MFS. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace EMEA Rates Trader in London

Trading Experience
Market Microstructure Understanding
Pricing Knowledge
Liquidity Assessment
Derivatives Trading
Electronic Trading
Voice Trading

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to MFS.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on MFS's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at MFS

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with MFS.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at MFS will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former MFS employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.