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- Tasks: Lead rates volatility strategies and generate actionable trade ideas in a dynamic hedge fund environment.
- Company: High-performing boutique macro pod at a London-based multi-strategy hedge fund.
- Benefits: Competitive salary, collaborative culture, and direct influence on investment outcomes.
- Why this job: Join a top-tier team and shape the future of rates volatility trading.
- Qualifications: 5+ years in rates strategy with strong experience in options and volatility products.
- Other info: Opportunity for significant career growth and close collaboration with Portfolio Managers.
The predicted salary is between 72000 - 108000 £ per year.
We are exclusively partnering with a high-performing boutique macro pod at a London-based multi-strategy hedge fund to hire a Rates Volatility & Derivatives Strategist. The role sits directly alongside Portfolio Managers, with clear ownership across idea generation, risk framing, and portfolio construction.
The Role
- Lead coverage of developed market rates with a core focus on volatility and options, spanning cash, futures, swaps, swaptions, caps/floors, and curve vol.
- Generate actionable rates volatility trade ideas, including relative value, curve and surface dislocations, carry/roll, and event-driven convexity opportunities.
- Analyse and structure trades around optionality, convexity, and tail risk, with clear articulation of P&L drivers and risk profiles.
- Identify macro catalysts for rates volatility, including central bank policy, inflation dynamics, supply/demand, and positioning.
- Build and maintain volatility and options monitoring tools, tracking surface dynamics, skew, term structure, and cross-market relationships.
- Monitor positioning, flows, and technicals using internal analytics and external research to anticipate volatility regimes.
- Actively contribute to risk management, hedging discussions, and portfolio construction, working closely with PMs on trade sizing and implementation.
The Profile
- 5+ years’ experience in developed market rates strategy, rates volatility, macro research, or a closely related role.
- Strong hands-on experience with rates options and volatility products is essential (swaptions, caps/floors, curve and spread vol).
- Deep understanding of rates volatility dynamics, optionality, convexity, and cross-market risk transmission.
- Demonstrated ability to translate complex macro and vol analysis into clear, tradeable ideas.
- Strong communicator, comfortable operating in a PM-driven, risk-focused environment.
This role represents a compelling next step for a rates volatility strategist or derivatives-focused macro analyst seeking closer alignment with Portfolio Managers and direct influence over investment outcomes within a high-quality hedge fund platform.
Interest Rates Volatility & Derivatives Strategist employer: Octavius Finance
Contact Detail:
Octavius Finance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Interest Rates Volatility & Derivatives Strategist
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in hedge funds or have experience with rates volatility. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Show off your skills! Prepare a portfolio of your best trade ideas and analyses related to rates volatility. When you get the chance to meet potential employers, having tangible examples of your work can really set you apart from the crowd.
✨Tip Number 3
Stay updated on market trends! Regularly read up on central bank policies, inflation dynamics, and other macroeconomic factors that influence rates volatility. Being well-informed will help you engage in meaningful conversations during interviews.
✨Tip Number 4
Apply through our website! We’ve got some fantastic opportunities waiting for you. By applying directly, you’ll ensure your application gets the attention it deserves, and you might just land that dream role as a Rates Volatility & Derivatives Strategist.
We think you need these skills to ace Interest Rates Volatility & Derivatives Strategist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your experience in rates volatility and derivatives. Use keywords from the job description to show that you understand what we're looking for.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of your past work with rates options and how you've generated actionable trade ideas.
Showcase Your Analytical Skills: In your application, emphasise your ability to analyse macro catalysts and translate complex data into clear, tradeable ideas. We want to see how you think and approach problem-solving.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures it gets the attention it deserves.
How to prepare for a job interview at Octavius Finance
✨Know Your Rates Inside Out
Make sure you brush up on your knowledge of developed market rates, especially focusing on volatility and options. Be prepared to discuss specific products like swaptions and caps/floors, and how they relate to current market conditions.
✨Bring Actionable Ideas
Come to the interview with a few actionable rates volatility trade ideas. Think about relative value opportunities or event-driven convexity chances that you can articulate clearly. This shows you’re not just knowledgeable but also proactive.
✨Understand Macro Catalysts
Be ready to discuss macroeconomic factors that influence rates volatility, such as central bank policies and inflation dynamics. Demonstrating your ability to identify these catalysts will highlight your strategic thinking and analytical skills.
✨Communicate Clearly and Confidently
Since this role involves working closely with Portfolio Managers, practice articulating complex ideas in a straightforward manner. Show that you can translate intricate macro and vol analysis into clear, tradeable concepts that resonate with a risk-focused audience.
