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Interest Rate Swap Jobs (NOW HIRING)

Apolis

Python Engineers

Charlotte, NC

$60/hr

Charlotte, NC & NJ (Onsite) And Dallas TX • Pay rate- $60 (Max) • No of Position-1 • Overall 10+ years' experience Domain:- • Understanding of various financial instruments Interest rate swap ...

Clark Davis Associates

Treasury Analyst

Wayne, NJ

Process interest rate swap activities including interest payments and rate resets Record intercompany loan activity and documentation Bank account maintenance; opening and closing of accounts ...

Emigrant Bank

Intern - Capital Markets

Manhattan, NY · On-site

$25 - $30/hr

Interest Rate Swap market-to-market and daily margin posting. * Analysis of prospective client portfolios in order to develop proposals * Corporate and Municipal Bond credit analysis and ongoing ...

Emigrant Bank

Intern - Capital Markets

Manhattan, NY

$25 - $30/hr

Interest Rate Swap market-to-market and daily margin posting. * Analysis of prospective client portfolios in order to develop proposals * Corporate and Municipal Bond credit analysis and ongoing ...

Emigrant Bank

Intern - Capital Markets

New York, NY · On-site

$25 - $30/hr

Interest Rate Swap market-to-market and daily margin posting. * Analysis of prospective client portfolios in order to develop proposals * Corporate and Municipal Bond credit analysis and ongoing ...

Apex Informatics

Python developer

$51.50 - $71/hr

Understanding of various financial instruments Interest rate swaps, FX swap and bond * Knowledge of key Quartz components like Sandra, Bob, Hugs

Citigroup, Inc.

Fixed Income Sr Lead

New York, NY · On-site

$211K - $316K/yr

Applicants should be prepared to demonstrate their expertise in OTC interest rate and credit derivatives, with a focus on interest rate swaps, caps, swaptions, credit default swaps and options.

Societe Generale

Senior Salesperson

New York, NY

Treasury securities, interest rate swaps, swaptions, and a broad spectrum of fixed-income derivatives. Demonstrate a comprehensive understanding of the pricing, risk profiles, and market drivers of ...

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Interest Rate Swap information

See salary details

$21.5K

$78.3K

$159K

How much do interest rate swap jobs pay per year?

As of Jun 9, 2026, the average yearly pay for interest rate swap in the United States is $78,288.00, according to ZipRecruiter salary data. Most workers in this role earn between $39,000.00 and $105,500.00 per year, depending on experience, location, and employer.

How much do interest rate traders make?

Interest rate traders typically earn a base salary ranging from $80,000 to $150,000 annually, with total compensation including bonuses often reaching $200,000 to $500,000 or more depending on experience, performance, and firm size. Senior traders or those at major financial institutions can earn significantly higher bonuses, especially in profitable years. Strong analytical skills, market knowledge, and relevant certifications like CFA can enhance earning potential.

What is an Interest Rate Swap job?

An Interest Rate Swap job typically involves working in financial markets to structure, trade, or manage interest rate derivative contracts. Professionals in this role may work for banks, investment firms, or corporate treasury departments, helping clients hedge interest rate risk or optimize borrowing costs. Responsibilities often include analyzing market trends, pricing swap agreements, and ensuring regulatory compliance. Strong quantitative skills, financial modeling, and an understanding of fixed income markets are crucial for success in this field.

What jobs make $3,000 a month without a degree?

Jobs such as commercial truck drivers, sales representatives, and certain skilled trades like electricians or HVAC technicians can earn around $3,000 monthly without a college degree. These roles often require vocational training, certifications, or on-the-job experience rather than formal higher education.

What are the key skills and qualifications needed to thrive in the Interest Rate Swap position, and why are they important?

To excel in an Interest Rate Swap role, strong analytical skills, financial modeling expertise, and a solid understanding of derivatives and fixed income markets—often backed by a degree in finance, mathematics, or a related field—are crucial. Familiarity with trade execution platforms, Bloomberg terminals, and possibly certifications such as CFA or FRM are highly beneficial. Exceptional attention to detail, effective communication, and the ability to work under pressure distinguish top performers in this field. These competencies are essential as they ensure accurate structuring, valuation, and risk management of complex financial products in dynamic market environments.

What are the typical daily responsibilities in an Interest Rate Swap role?

A typical day in an Interest Rate Swap role involves pricing, structuring, and executing swap transactions, as well as monitoring market movements and managing risk exposure for clients or the institution. You’ll often collaborate with sales teams, risk managers, and compliance professionals to ensure trades align with client objectives and regulatory standards. The role may also include preparing reports, developing financial models, and analyzing market data to optimize trading strategies. Working in a fast-paced environment, attention to real-time developments and effective communication with internal and external stakeholders are key aspects of the job.

More about Interest Rate Swap jobs
What cities are hiring for Interest Rate Swap jobs? Cities with the most Interest Rate Swap job openings:
What are the most commonly searched types of Interest Rate Swap jobs? The most popular types of Interest Rate Swap jobs are:
What states have the most Interest Rate Swap jobs? States with the most job openings for Interest Rate Swap jobs include:
What job categories do people searching Interest Rate Swap jobs look for? The top searched job categories for Interest Rate Swap jobs are:
Interest Rate Swap jobs near you
Infographic showing various Interest Rate Swap job openings in the United States as of May 2026, with employment types broken down into 4% Locum Tenens, 4% Internship, 9% As Needed, 9% Full Time, 70% Part Time, and 4% Temporary. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $78,288 per year, or $37.6 per hour.
Fixed Income Derivatives Trader

Fixed Income Derivatives Trader

Vanguard Group, Inc.

Malvern, PA • On-site

Full-time

Posted 27 days ago

Vanguard rating

8.7

Company rating: 8.7 out of 10

Based on 60 frontline employees who took The Breakroom Quiz

14th of 138 rated financial services

Job description

We are seeking an experienced Interest Rate Derivatives Trader to join Vanguard's Fixed Income Group. As a Derivatives Trader, you will play an instrumental role in the active taxable fixed income business, helping to determine and implement both hedging and alpha generating trading strategies. This position requires extensive knowledge of interest rate markets, with a focus on modeling and valuing US Treasuries, interest rate swaps, interest rate swaptions, futures and listed options. Through daily market analysis, supporting portfolio managers, or helping develop innovative tools, your contributions will be valued and visible.
This role:
  • Negotiates and executes derivatives trades and strategies in fixed income portfolios. Will trade US treasuries, bond futures, interest rate swaps, swaptions, listed options, and FX forwards.
  • Manages duration and curve risk across active portfolios, invests and hedges daily cashflows, and monitors FX exposure. Requires familiarity with performance attribution and risk-management frameworks.
  • Relays market insight to portfolio managers through monitoring and analysis of market trends. Provides investable alpha-oriented and hedging ideas through quantitative relative value and macro analysis.
  • Continually refines relative value frameworks, particularly in interest rate derivative and options pricing models, which requires an understanding of option greeks, basis risks and relationships across interest rate products.
  • Develops and implements new trading and hedging strategies, while also driving analytical and operational improvements to regular processes.
  • Fosters a collaborative environment internally by working closely with other sector teams within fixed income, and helping to develop and train less tenured traders. Builds and maintains relationships with security dealers.
  • Participates in special projects and research initiatives as assigned.

Qualifications:
  • Five years related work experience, including four years investment management experience. Derivatives and/or fixed income rates experience preferred.
  • Undergraduate degree in quantitative studies, economics or equivalent combination of training and experience required. Mathematics, statistics or financial engineering experience preferred.
  • CFA preferred.

This role is based in our Malvern, PA office and is a fully in-person position, with regular time spent working alongside the team onsite. If you're not currently local, relocation assistance is available to help make the move as smooth as possible.
Special Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.
About Vanguard
At Vanguard, we don't just have a mission-we're on a mission.
To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.

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