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Interest Rate Trader Jobs in Michigan (NOW HIRING)

AD Mortgage

Capital Markets Head Trader

Troy, MI

... interest rates. Key Responsibilities * Trading & Execution: Oversee the daily execution of all MBS trading activities, including TBA trading, specified pool creation, and whole-loan sales to maximize ...

Deloitte

SAP Treasury Senior Consultant

Detroit, MI · On-site

... trading platforms, including FXall or 360T, and market data feeds, including Bloomberg or Reuters * Experience with cash management, foreign exchange, debt capital markets, and interest rate risk ...

UFCU

Mortgage Advisor

Grand Rapids, MI · On-site

... interest rate lock periods to ensure that locked rates are not allowed to expire; verify closing ... Ability to develop strategy for seminars, presentations, and trade shows. Strong mathematical ...

ChoiceOne Bank

Trust Operations Specialist

Fenton, MI · On-site

... of dividend, interest income and capital gain distributions. Affirms trades on third party ... Has a thorough understanding of underwriting, coverages and rating procedures. Professionalism ...

ChoiceOne Bank

Trust Operations Specialist

Fenton, MI · On-site

... of dividend, interest income and capital gain distributions. Affirms trades on third party ... Has a thorough understanding of underwriting, coverages and rating procedures. Professionalism ...

McLaren Medical Group

Radiology Physician

Port Huron, MI · On-site

$550K/yr

Evenings and weekends are 100% remote (weekends 1:6) * General Radiology Some subspecialty interest ... care rating organizations. McLaren Port Huron serves area residents with comprehensive care ...

Legend Motors Of Waterford Inc

Title Clerk

Ferndale, MI · On-site

$15 - $19.25/hr

Bills out all dealer trades and prepares Certificates of Origin. Maintains a system to verify out ... Ability to compute rate, ratio and percent and to draw and interpret bar graphs. Ability to ...

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All JobsInterest Rate Trader JobsInterest Rate Trader Jobs in Michigan

Interest Rate Trader information

See Michigan salary details

$34.4K

$84.3K

$234.9K

How much do interest rate trader jobs pay per year?

As of Aug 8, 2026, the average yearly pay for interest rate trader in Michigan is $84,348.00, according to ZipRecruiter salary data. Most workers in this role earn between $49,200.00 and $92,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an interest rate trader?

To thrive as an Interest Rate Trader, you need strong quantitative skills, a deep understanding of financial markets, and typically a degree in finance, mathematics, or a related field. Proficiency with trading platforms, Bloomberg terminals, and risk management systems, as well as certifications like CFA, are highly valued. Excellent decision-making under pressure, communication, and analytical thinking are essential soft skills. These abilities are critical for managing risk, executing trades effectively, and responding swiftly to market movements.

What are the most common challenges faced by interest rate traders and how can they overcome them?

Interest Rate Traders often face challenges such as rapidly changing market conditions, high-stakes decision-making, and managing significant risk exposure. Staying updated on macroeconomic indicators, central bank announcements, and global political developments is crucial to anticipating market movements. Traders must also consistently refine their quantitative models and strategies to maintain a competitive edge. Building strong collaboration with research analysts and risk managers helps mitigate risk and improve outcomes. Developing resilience and adaptability can help traders stay focused and effective during periods of volatility.

What does an interest rate trader do?

An Interest Rate Trader buys and sells fixed-income securities, derivatives, and other financial instruments that are sensitive to interest rate movements. They analyze macroeconomic trends, central bank policies, and market conditions to make informed trading decisions. Their goal is to generate profits by capitalizing on interest rate fluctuations while managing risk exposure. Interest Rate Traders typically work at investment banks, hedge funds, and asset management firms. Strong quantitative skills, market knowledge, and risk management expertise are essential for success in this role.

What are popular job titles related to Interest Rate Trader jobs in Michigan? For Interest Rate Trader jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Interest Rate Trader jobs in Michigan look for? The top searched job categories for Interest Rate Trader jobs in Michigan are:
Interest Rate Trader jobs near you
Infographic showing various Interest Rate Trader job openings in Michigan as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $84,348 per year, or $40.6 per hour.

Capital Markets Head Trader

AD Mortgage

Troy, MI

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 20 days ago

Job description

About this opportunity

As the Head of MBS Trading, you will oversee the pricing, hedging, trading, and execution of our mortgage portfolio. You will manage the pooling decision, pipeline risk management strategy and optimize profitability. This role requires a deep understanding of agency (Fannie Mae, Freddie Mac, Ginnie Mae) and non-agency execution, hedging instruments (TBA, Swaps, etc), and the macro-economic factors influencing interest rates.

Key Responsibilities

  • Trading & Execution: Oversee the daily execution of all MBS trading activities, including TBA trading, specified pool creation, and whole-loan sales to maximize secondary marketing gain-on-sale margins.

  • Risk Management & Hedging: Design, implement, and monitor comprehensive pipeline hedging strategies.

  • Best Execution Analysis: Continuously evaluate and optimize execution options

  • Team Guidance: Lead, mentor, and develop team of traders, analysts and secondary marketing specialists.

  • Vendor & Investor Relations: Maintain and expand strong relationships with broker-dealers, warehouse providers, and institutional investors.

  • Cross-Functional Collaboration: Partner closely with Finance, Accounting, Post Closing and other teams to ensure accurate loan delivery and funding and operational fluidity

  • Market Intelligence: Monitor economic indicators, Federal Reserve policy, and regulatory changes to adjust trading strategies proactively.

Location and Schedule

  • This is a full-time, office-based position in a modern, cozy environment in our Troy, MI or Fort Lauderdale, FL office.

  • Our standard working hours are Monday to Friday, 9:00 AM to 6:00 PM, promoting a healthy work-life balance.

Skills & Qualifications

  • Experience: Minimum of 3-5 years of experience in bond trading, specifically focused on Mortgage-Backed Securities (MBS)

  • Education: Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field.

  • Technical Proficiency: Mastery of QRM, Tradeweb, Bloomberg and GSE websites. High proficiency in SQL, Python, or R for data analysis is a strong plus.

  • Deep Subject Matter Expertise: In-depth knowledge of mortgage pipeline dynamics, fallout modeling, servicing values (MSRs), and the mechanics of the TBA market.

What We Offer | Career and Culture

  • Company Culture: Inclusive, supportive company culture where you are not a number, but a voice that's heard and brings value.

  • Growth Path: Defined paid training and clear pathways for career development.

  • Benefits: Comprehensive benefits package including PTO, sick days, paid volunteer hours, medical, dental, vision insurance, and 401(k).

    Take the first step towards a rewarding career in the mortgage industry with AD Mortgage.

    Our Recruitment team will reach out to you shortly!

Connect with us: Explore our social media to get a sense of our corporate culture.

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We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.