This role is based in the United Kingdom and as such all normal working days must be carried out in the United Kingdom.
Join us as a Structured Product Vice President
This is a Trading role in the Repo & Risk Transformation team, where you will be given the opportunity to operate in a dynamic, client-focused environment, managing and growing a structured products franchise with a focus on delivering tailored investment solutions.
You will play a key role in pricing, structuring, and risk-managing structured notes across a range of underlying asset classes, working closely with sales, structuring, and risk teams to drive revenue and deepen client relationships. This is an excellent opportunity for an experienced markets professional to take on meaningful risk ownership and contribute to the continued growth of the platform.
What you'll do
- Price, structure, and execute fixed income structured notes (e.g. rates, credit, FX-linked products), ensuring competitive and accurate pricing
- Own and develop a trading book, with responsibility for P&L generation and risk management within defined limits
You will also:
- Manage risk associated with structured note issuance, including hedging strategies across rates and derivatives markets
- Partner with sales teams to originate and deliver bespoke solutions tailored to client demand (institutional, private banking, or distribution)
- Collaborate with structuring and quants to design innovative products aligned with market conditions and investor needs
- Monitor market conditions, volatility, and funding dynamics to identify trading opportunities and optimise issuance
- Ensure compliance with regulatory frameworks and internal risk policies
- Contribute to the development of the structured products platform, including improving pricing tools, processes, and liquidity management
- Support junior team members and help foster a strong risk and control culture
The skills you'll need
Proven track record of risk management and P&L contribution within a trading environment with at least 5+ years’ experience in fixed income trading and a strong focus on structured notes or structured products.
You will also have:
- Strong technical knowledge of, Interest rates markets and derivatives (swaps, options), Structured product payoffs and lifecycle management
- Demonstrated ability to price and hedge structured transactions
- Understanding of market dynamics, funding, and liquidity considerations combined with experience working with sales and clients to originate structured solutions
- Excellent communication and stakeholder management skills
- Strong analytical and problem-solving capabilities, with attention to detail
- Degree in a quantitative or relevant discipline (e.g. Mathematics, Finance, Engineering); advanced qualifications (CFA, MSc) are advantageous but not essential