MIFOR Trader - Bank

Hiring for a private sector bank

Key Responsibilities:

- Execute and manage trading strategies in MIFOR-linked products (IRS, FRAs, swaps, cross-currency swaps, etc.).

- Quote and price MIFOR-based derivatives for corporate and institutional clients.

- Manage and monitor the bank's interest rate and currency risk exposure.

- Identify arbitrage opportunities between LIBOR/SOFR, USD/INR forwards, and INR interest rates.

- Maintain market intelligence by tracking global and domestic interest rate movements, RBI policies, and macroeconomic indicators.

- Ensure adherence to RBI regulations, internal risk limits, and compliance policies.

- Collaborate with sales, structuring, and research teams to provide hedging solutions to clients.

- Prepare periodic reports on P&L, risk metrics, and market developments for management.