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Derivative Trader Jobs in Iowa (NOW HIRING)

The Advisory Trader requires strong analytical skills and market knowledge, with a solid foundation ... and derivatives. Process post-execution recon and handle the operation/administrative duties ...

Senior Murex Software Engineer

Cedar Rapids, IA

$119K - $158K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The ideal candidate has strong Murex development experience, understands derivatives trade lifecycle processes, and can integrate Murex with downstream and upstream applications built using multiple ...

Lead Murex Software Engineer

Cedar Rapids, IA · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The ideal candidate has strong Murex development experience, understands derivatives trade lifecycle processes, and can integrate Murex with downstream and upstream applications built using multiple ...

Proficient in working with Derivatives, Hedging, Trading Platform, Annuity insurance data * Awareness of Finastra (added advantage), XML-based trade data ,Github, Tableau, AWS Cloud Fundamentals,

Sr Director, Investment Compliance

Cedar Rapids, IA

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... trading, conflicts of interest, personal trading, material nonpublic information (MNPI ... the derivatives use plan. * Identify, escalate, and track remediation of compliance issues ...

Derivative Trader information

See Iowa salary details

$49.8K

$95.4K

$184.1K

How much do derivative trader jobs pay per year?

As of Aug 19, 2026, the average yearly pay for derivative trader in Iowa is $95,366.00, according to ZipRecruiter salary data. Most workers in this role earn between $54,000.00 and $170,000.00 per year, depending on experience, location, and employer.

What is a derivative trader?

Derivative traders are financial professionals who buy and sell derivative contracts, such as options, futures, and swaps, which derive their value from underlying assets like stocks, commodities, or currencies. Their role involves analyzing market trends, assessing risks, and executing trades to profit from price movements or to hedge against potential losses. Derivative traders can work for investment banks, hedge funds, or as independent traders, and they require strong analytical skills, risk management expertise, and knowledge of financial markets.

What are the key skills and qualifications needed to thrive as a derivative trader?

To thrive as a Derivative Trader, you need strong quantitative analysis, risk management, and financial market knowledge, often supported by a degree in finance, mathematics, or a related field. Familiarity with trading platforms (such as Bloomberg Terminal), programming languages (like Python or R), and certifications such as CFA or FRM are typically required. Exceptional decision-making, stress management, and communication skills help traders stand out in high-pressure, fast-paced environments. These skills are crucial for making informed, timely trades while effectively managing risk and collaborating with colleagues.

What are some common challenges faced by derivative traders in their daily work?

Derivative traders often face the challenge of managing high levels of market volatility and risk, which requires quick decision-making and strong analytical skills. Keeping up with rapidly changing market conditions, regulatory updates, and technological advancements can also be demanding. Additionally, derivative traders must maintain effective communication with other team members, such as risk managers and analysts, to ensure informed trading strategies. Staying disciplined and adhering to risk limits is crucial for long-term success in this fast-paced environment.

What is the difference between Derivative Trader vs Futures Trader?

AspectDerivative TraderFutures Trader
CertificationsOften requires FINRA licenses, Series 7, 63, or 55Typically holds similar licenses, including Series 7 and 63
Work EnvironmentWorks in trading firms, investment banks, or hedge funds, focusing on various derivativesOperates mainly in futures exchanges or trading desks specializing in futures contracts
Industry UsageCommon in financial services, hedge funds, and proprietary tradingPrimarily in commodities, financial futures, and derivatives markets

Both Derivative Traders and Futures Traders work in financial markets, often holding similar licenses and working in related environments. The main difference lies in their focus: Derivative Traders handle a broad range of derivatives like options and swaps, while Futures Traders specialize in trading futures contracts. Understanding these distinctions helps in choosing the right career path or job search focus.

How much do derivative traders make?

Derivative traders' salaries vary based on experience, location, and performance, but they typically earn between $70,000 and $150,000 annually. Senior or highly successful traders can make significantly more, especially with bonuses tied to trading profits. Many also receive benefits and may work long hours in fast-paced financial environments.

How to get a job in derivative trading?

To get a job as a derivative trader, candidates typically need a strong background in finance, economics, or mathematics, along with proficiency in trading platforms and risk management. Relevant certifications such as the Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) can enhance prospects, and internships or entry-level roles in trading firms provide valuable experience. A solid understanding of financial markets, analytical skills, and the ability to work under pressure are essential for success in this field.

What are popular job titles related to Derivative Trader jobs in Iowa?

For Derivative Trader jobs in Iowa, the most frequently searched job titles are:

What job categories do people searching Derivative Trader jobs in Iowa look for?

The top searched job categories for Derivative Trader jobs in Iowa are:

Infographic showing various Derivative Trader job openings in Iowa as of August 2026, with employment types broken down into 2% As Needed, 75% Full Time, 21% Part Time, and 2% Contract. Highlights an 65% Physical, 9% Hybrid, and 26% Remote job distribution, with an average salary of $95,366 per year, or $45.8 per hour.

Senior Analyst, Derivative Operations

Athene

West Des Moines, IA • On-site

$85K - $128K/yr

Full-time

Re-posted 28 days ago


Athene rating

7.1

Company rating: 7.1 out of 10

Based on 11 frontline employees who took The Breakroom Quiz


Job description

We are driven to do more. More for our customers and the financial professionals who offer our products. If you are driven to do more and love the challenge of pursuing more, Athene is your kind of company. You will find we offer more than the basics to create an inclusive and dynamic work environment at our various locations.


Purpose:

The Derivative Operations team is responsible for managing the operational aspects of Athene's Derivative investment and hedging strategy. The Senior Derivative Operations Analyst will have responsibilities associated with derivative middle-office trade support, data management, investment accounting oversight, and derivative legal compliance. Additionally, the incumbent will play a key role in managing the design of systems and processes being developed to support growth and change within the organization. This position will evolve into the Derivative Operations team's SME for both in-house and vendor-supplied systems, playing a key role in enhancing those systems to improve utilization and efficiency. The role will demand the ability balance both production and project responsibilities - Performing derivative trade lifecycle functions and maintaining relationships with internal and external stakeholders while also defining and supporting projects to drive the strategy of the department and the wider organization.


Accountabilities:

  • Partner with Portfolio Management, Trading, Legal, Treasury, and Accounting to support end-to-end derivative trade processing and data management.
  • Manage settlements with domestic and international counterparties across OTC derivatives, swaps, options, and foreign exchange transactions.
  • Maintain data integrity across trade capture, accounting, reporting, and downstream systems, including daily cash flow reconciliations.
  • Investigate and resolve complex trade, settlement, and data exceptions, partnering with internal teams, counterparties, and third-party providers to mitigate operational risk.
  • Support strategic initiatives, including new investment products, hedging strategies, system implementations, and process enhancements.
  • Serve as the Derivatives Operations systems subject matter expert, driving platform improvements and operational efficiencies.
  • Review legal trading documentation (ISDAs, CSAs, MCAs, and related agreements) and ensure accurate trade booking and downstream processing.
  • Monitor regulatory changes, industry initiatives, and market trends to support compliance and continuous process improvement.


Qualifications and Experience:

  • 4+ years of relevant experience in finance, accounting, or a related field, with knowledge of derivative post-trade workflows.
  • Experience with trade processing platforms such as MarkitWire/MTM, Triana, PAM/PFI, GTSS/CLS, Fusion Invest (Sophis), or Kyriba preferred.
  • Strong understanding of derivative and fixed income products, investment operations, and hedging principles.
  • Advanced Excel skills required; experience with VBA, SQL, Tableau, or Power BI is a plus.
  • Experience gathering business requirements, supporting projects, and driving process improvements.
  • Excellent analytical, communication, and organizational skills, with the ability to manage multiple priorities in a fast-paced environment.
  • Bachelor's degree in Finance, Accounting, Business, MIS, Data Analytics, or a related field (or equivalent experience).

$85,932.00 - $128,898.00 USD Annual


Annual Salary for this role is market competitive. Actual salary for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Depending on the role, a discretionary bonus plan or variable sales incentive may be included.

Drive. Discipline. Confidence. Focus. Commitment. Learn more about working at Athene.

Athene is a Military Friendly Employer! Learn more about how we support our Veterans.

Athene is committed to inclusion and is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation, veteran status or any other status protected by federal, state or local law.


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