Trader Fixed Income (Investment Grade Bonds)

As a trader you will be entering the world of financial markets, being part of an international team, acting as a specialist in investment grade bonds (corporates and/or financials).

You and your job
Being part of a fixed income trading team, you will be responsible for trading flow products in investment grade bonds, corporates and or financials. We are looking for someone who is a quick learner and is a risk enabler. We will provide the required training to ensure that you build up a good understanding of markets, risk management, trading systems and executions. At the same time we expect you to be eager to become an independent book(s) manager.

Practical Examples

• Pricing, capturing and execution of deals as well as market making your product for all our clients.
• Manage trading positions/books independently within the appropriate risk limits.
• Engaging in the day-to-day initiation with other traders and Sales.
• Prepare and deliver relevant market intelligence, trends, dynamics, and trading strategies to clients.

Facts & Figures

• 36 or 40 hours per week
• Markets is active in 6 countries.
• 43,822 Rabobank colleagues around the world

Top 5 responsibilities

• Build up specialised knowledge concerning Investment Grade Bonds & Interest Rate Derivatives products.
• Be able to run the trading book(s), manage the associated risks independently and achieve the P/L targets on a consistent basis.
• Manage trading positions/books within appropriate risk limits. Understand risk exposures of the desk in order to originate axes and risk mitigating trades.
• Act as backup trader in the absence of your colleague/senior trader.

We are looking for candidates who possesses excellent decision-making abilities and is a quick learner. You are a fast thinker under pressure of volatility and risk and would like to gain specialized knowledge in interest rate derivatives and bond products. You are able to translate the macro and micro developments in global economy to effective position taking and risk management strategies. We are looking for candidates not just with strong intelligence quotient, but also emotional quotient.

Together we achieve more than alone
We believe in the power of difference. Bringing together people's differences is what makes us an even better bank. So, we are very curious about what you can bring to our team at Fixed Income Sales and Trading within Markets

“Fixed income trading is an integral part of our group, working with clients on different levels and liaising with different stakeholders is key for the success of our department.”

The 35 people in Fixed Income Sales and Trading team are responsible for the trading of flow products in interest rate derivatives and bonds. Collaboration is at the heart of everything we do. We bring talented people together to take accountability for enhancing and expanding our Fixed Income FI Sales business in Markets Trading. Talking of Rabobank: We are a Dutch bank that operates in 38 countries for over 9,500,000 customers. Together with these customers, our members, and partners we stand side by side to create a world in which everyone has access to enough healthy food. In the Netherlands we work to create a country in which people are happy with how they live, work, and do business.

You and your talent

• 2--3 years of experience in Fixed Income products is required.
• 2-3 years of experience with Bloomberg system is required.
• Excellent knowledge of Microsoft Excel & Phyton is essential.
• Strong analytical skills.
• Fast learner with independent risk taking mindset
• Proactive, enthusiastic personality.

This is what we offer you

• Up to € 5,800 gross per month (scale 8 or 9, depending on relevant experience, 36h/week, 40h is also possible);
• a thirteenth month and holiday pay;
• discretionary bonus can be part of your annual payment;
• an Employee Benefit Budget. You decide how to spend this budget. This may include purchasing extra leave days, making extra pension contributions, or even receiving a monthly cash payout.

Reply to the vacancy for (Junior) Trader Fixed Income at Rabobank before 25th of March 2024.

• Any questions about working at Rabobank and the process? Contact Lieke Averes, Recruiter, via Lieke.Averes@rabobank.nl
• A background check is part of the process.

Thanks for applying! We consider all the CVs and covering letters that we receive. After the closing date, you will hear from us as soon as possible.

Step 2 First interview

Usually you’ll be meeting with your (potential) team leader and an immediate (future) colleague. We are keen to get a sense of whether you are a good fit for the position and our team. And you probably have a lot of questions too.

Step 3 Second interview

We want to speak to you a second time. In this online meeting, we will delve deeper into the details of what the job entails. Another colleague will often join the interview too.

Step 4 Offer

If you are a good match for us and we’re a good match for you, then you’ll receive a good offer by email. Some positions require you to undergo further assessment first.

Step 5 Screening

We assess whether you are trustworthy enough to work for Rabobank in a screening process.

I approve Rabobank to retain my details for 1 year for future applications.

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