1

On Call Interest Rate Swap Jobs (NOW HIRING)

TRS, credit default, interest rate swap and other OTC product experience and will be responsible for reconciliation and settlement within our derivatives book Understand the instruments in most asset ...

Delivering client specific solutions across interest rate derivatives products, such as interest rate swaps, cross-currency swaps, basis swaps, interest rate futures, fixed income securities, total ...

next page

Showing results 1-20

On Call Interest Rate Swap information

See salary details

$43K

$74.4K

$112K

How much do on call interest rate swap jobs pay per year?

As of Aug 23, 2026, the average yearly pay for on call interest rate swap in the United States is $74,448.00, according to ZipRecruiter salary data. Most workers in this role earn between $57,000.00 and $88,000.00 per year, depending on experience, location, and employer.

What is the difference between On Call Interest Rate Swap vs Interest Rate Derivative Trader?

AspectOn Call Interest Rate SwapInterest Rate Derivative Trader
CredentialsTypically requires finance or economics degree, certifications like CFA or FRMSimilar credentials, often with advanced derivatives certifications
Work EnvironmentFinancial institutions, trading floors, or desks focused on swapsTrading firms, investment banks, or hedge funds specializing in derivatives
Industry UsageUsed for managing interest rate risk, hedging, and speculationEngages in trading, structuring, and managing interest rate derivatives

While both roles involve interest rate products, an On Call Interest Rate Swap focuses on executing and managing swap agreements, often on an as-needed basis, whereas an Interest Rate Derivative Trader actively trades and structures a variety of interest rate derivatives to optimize portfolios or hedge risks.

What are the most commonly searched types of Interest Rate Swap jobs?

The most popular types of Interest Rate Swap jobs are:

Infographic showing various On Call Interest Rate Swap job openings in the United States as of August 2026, with employment types broken down into 4% Internship, 70% Full Time, and 26% Part Time. Highlights an 100% In-person job distribution, with an average salary of $74,448 per year, or $35.8 per hour.

BA/SME with Interest Rate Swaps exp

System Canada Technologies

Chicago, IL

Contractor

Re-posted 22 days ago


Job description

Company Description

SCT resources have a broad range of skills in different technologies. The large skill-set has been made possible by a conscious focus on strengthening our skills base. Every person selected for our team brings something new, something that adds to our offerings. We learn continuously, both on the job and through formal training programs.

Job Description

Candidate must have previous experience writing business requirements in the financial industry.
- Strong knowledge of OTC financial markets, especially Interest Rate Swaps (IRS) and Foreign Exchange (FX) Swaps, is required.
- Knowledge of other OTC swap markets, such as Credit Default Swaps (CDS) and Equity Swaps, is a plus.
- Familiarity with Calypso OTC Clearing and Processing software is desired.
- Experience with additional CME Group asset classes such as Energies, Metals, Agricultural Products, etc., is a plus.
- Knowledge of listed derivatives (futures and options), clearing systems, risk management methodologies, margining systems, trade lifecycle and post-trade processing is a plus.
- Must be familiar with formal requiremnts management process.
- Working knowledge of system design, architecture and application programming/analysis and software development life cycles is required.
- Understanding of XML concepts, FpML, FIX protocol and FIXML is a plus.
- Strong written and verbal communication skills are a must.
- Must have experience with Microsoft Office tools, such as Word, Excel, Visio, and PowerPoint.
Responsibilities will include
- Participate in identifying business requirements by working directly with business stakeholders, end users, and technology.
- Produce business requirements and functional specifications for API and GUI projects.
- Document, communicate, and review requirements with project team members and Business users.
- Work directly with technology Development, Systems Analysis and QA staff to answer questions, help troubleshoot issues, and perform high level user acceptance testing.
- Some domestic and/or international travel may be required. 


System Canada logo

About System Canada

Sourced by ZipRecruiter

System Canada delivers high end solutions in corporate world. Our resources have a broad range of skills in different technologies.The large skill-set has been made possible by a conscious focus on strengthening our skills base. Every person selected for our team brings something new, something that adds to our offerings. We learn continuously, both on the job and through formal training programs.

Industry

It services

Company size

11 - 50 Employees

Headquarters location

Toronto, ON, CA