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Swap Trader Jobs (NOW HIRING)

UBS

Director, Global Markets FX Trader

New York, NY · On-site

$225K - $275K/yr

... Rate Swaps, Forward Rate Agreements, Fx-Swaps, XCCY Basis Swaps, Interest Rate Futures and ... Managing risk associated with STIR Trading books; quoting and marketing making for client and the ...

Capgroup

Fixed Income Rates Trader

New York, NY · On-site

$150K - $250K/yr

Execute trades andidentifytrading strategies and investment opportunities across US interest rate products, including government bonds, interest rate swaps,futuresand options. * Build ...

KeyBank

Analyst Trader, FX Trading

Cleveland, OH · On-site

$80K - $150K/yr

The Analyst Trader supports senior traders in executing FX trades, managing risk, developing ... Essential Functions * Assist in execution of spot, forward, swap, and option foreign exchange ...

Capital Group

Fixed Income Rates Trader

Los Angeles, CA · On-site

$150K - $250K/yr

Execute trades and identify trading strategies and investment opportunities across US interest rate products, including government bonds, interest rate swaps, futures and options. * Build and ...

Capgroup

Fixed Income Rates Trader

Los Angeles, CA

$150K - $250K/yr

Execute trades andidentifytrading strategies and investment opportunities across US interest rate products, including government bonds, interest rate swaps,futuresand options. * Build ...

BNP Paribas

Vice President - ACE Trader

New York, NY · On-site

$145K - $265K/yr

Management of all Risk-Less trading Activity * Management of Automated Hedging Strategies for ... Seires 7,63, SIE CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is ...

US Bank

Precious Metals Sales Trader

Charlotte, NC · On-site

$194K - $228K/yr

... swaps, and options * Originate and structure hedging and investment solutions tailored to client ... Work closely with trading, structuring, and risk teams to price and execute transactions * Generate ...

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All JobsSwap Trader Jobs

Swap Trader information

See salary details

$11K

$192.5K

$286K

How much do swap trader jobs pay per year?

As of Jun 11, 2026, the average yearly pay for swap trader in the United States is $192,500.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,000.00 and $285,000.00 per year, depending on experience, location, and employer.

What jobs pay $10,000 a month without a degree?

Swap traders can potentially earn $10,000 or more per month through successful trading of financial instruments, often requiring strong analytical skills, market knowledge, and risk management. Many traders operate independently or for firms, with income depending on performance and capital invested, and some may achieve high earnings without formal degrees. However, consistent high income typically involves significant experience, discipline, and access to trading platforms or capital.

What jobs pay $500,000 a year in the US?

Swap traders, especially those working at large financial institutions or hedge funds, can earn $500,000 or more annually through a combination of base salary, bonuses, and profit sharing. Success in this role typically requires strong analytical skills, market knowledge, and experience in trading strategies. High earnings are often linked to performance and the ability to manage significant financial risk.

What does a Swap Trader do?

A Swap Trader is a financial professional who specializes in the buying and selling of swap contracts, which are derivatives used by institutions to manage interest rate or currency risk. Swap traders work for banks, hedge funds, or trading firms, and their role involves pricing, executing, and managing the risk of swap transactions for clients or the firm’s own accounts. They analyze market conditions, monitor risk exposure, and ensure trades comply with regulations. Effective swap traders need strong quantitative skills, market knowledge, and the ability to make quick decisions in a fast-paced environment.

What are the key skills and qualifications needed to thrive as a Swap Trader, and why are they important?

To thrive as a Swap Trader, you need strong quantitative and analytical skills, a deep understanding of financial markets, and a relevant degree in finance, mathematics, or economics. Proficiency with trading platforms, risk management systems, and familiarity with financial regulations such as ISDA protocols are typically required. Excellent communication, decision-making, and stress management skills help traders build relationships and respond quickly to market changes. These abilities are crucial for managing risk, executing profitable trades, and maintaining compliance in a fast-paced trading environment.

What is the highest paying trade job?

Swap traders, involved in financial markets, can earn high salaries, especially with experience and successful trading strategies. Top earners often have advanced knowledge of market analysis, risk management, and access to trading platforms, with compensation including base salary, bonuses, and commissions that can reach into the high six or seven figures annually.

What are some common challenges faced by swap traders in managing risk, and how are they typically addressed within a trading team?

Swap traders frequently encounter challenges related to market volatility, counterparty risk, and regulatory compliance. To manage these risks, they work closely with risk management teams to monitor exposure limits, utilize hedging strategies, and ensure adherence to evolving regulations. Additionally, swap traders often collaborate with sales, research, and technology teams to access timely market information and implement robust risk controls. Proactive communication and staying updated on market developments are crucial for minimizing potential losses and maintaining a profitable trading book.

What do swap traders do?

Swap traders buy and sell financial derivatives called swaps, which are agreements to exchange cash flows or assets based on underlying variables like interest rates or currencies. They analyze market conditions, manage risk, and execute trades using trading platforms, often requiring strong analytical skills and knowledge of financial markets.

What is the difference between Swap Trader vs Futures Trader?

AspectSwap TraderFutures Trader
Required CredentialsTypically a degree in finance, economics, or related field; certifications like CFA are commonSimilar credentials; CFA preferred, with knowledge of derivatives
Work EnvironmentOver-the-counter (OTC) markets, often private negotiationsExchange-traded markets, with standardized contracts
Employer & Industry UsageInvestment banks, hedge funds, financial institutionsInvestment banks, trading firms, hedge funds
Common Search & Comparison IntentUnderstanding roles in OTC derivatives tradingComparing derivatives trading types

Swap Traders focus on OTC derivatives, negotiating customized contracts, while Futures Traders operate on exchange-traded futures contracts with standardized terms. Both roles require similar financial knowledge and certifications but differ mainly in trading environment and contract structure.

More about Swap Trader jobs
What job categories do people searching Swap Trader jobs look for? The top searched job categories for Swap Trader jobs are:
Swap Trader jobs near you
Infographic showing various Swap Trader job openings in the United States as of June 2026, with employment types broken down into 2% As Needed, 95% Full Time, 2% Part Time, and 1% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $192,500 per year, or $92.5 per hour.
Director, Global Markets FX Trader

Director, Global Markets FX Trader

UBS - Experienced professionals - job boards

New York, NY • On-site

$225K - $275K/yr

Other

Posted 15 days ago

UBS rating

8.8

Company rating: 8.8 out of 10

Based on 42 frontline employees who took The Breakroom Quiz

11th of 141 rated banks

Job description

UBS AG is seeking a Director, Global Markets FX Trader in New York, NY
Are you an innovative thinker. Do you enjoy delivering enhanced change capabilities across a range of business functions. Are you passionate about IT process automation using cutting edge tooling platforms?
We're looking for a Director, Global Markets FX Trader to:
Core mandate is CAD & EUR STIR trader and back up coverage of USD, JPY, AUD, NZD and Scandinavian currencies Pricing / Risk management of Interest Rate Swaps, Forward Rate Agreements, Fx-Swaps, XCCY Basis Swaps, Interest Rate Futures and Government Bond Futures.


Providing liquidity and dynamically risk managing voice and e-platform client flows. Managing funding requirements for the Bank Market making and liquidity providing in the interbank broker market Discretionary risk taking in anticipation of client flows across G10 via FX swaps, IRS & FRA, XCCY, STIR futures and spot.
Client relationship building e.g

market commentary, client meetings Improving team operations via developing new models and simplifying already existing processes. Administrative tasks relevant for day-to-day operations e.g. end of day PNL submission.
Qualified Applicants apply through SH-ProfRecruitingcc@ubs.com

Please reference 002038. NO CALLS PLEASE. EOE/M/F/D/V
Salary Range & Work Schedule: $225,000 to $275,000/year, 40 hrs/wk.

This notice is being posted in connection with an application for permanent Alien Labor Certification. Any person may comment or provide documentary evidence bearing on this application to: U.S. Department of Labor, Employment and Training Administration, Office of Foreign Labor Certification, 200 Constitution Avenue NW, Room N-5311, Washington, DC 20210.
The expected salary range(s) for this role as of the date of this posting is/are based on factors including, but not limited to, experience, qualifications, education, location and skill level

This role may also be eligible for discretionary incentive compensation. For benefits information, please visit ubs.com/usbenefits.

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About UBS

Sourced by ZipRecruiter

We want to create superior value for our clients, shareholders and employees. And we want to stand out as a winner in our industry for our expertise, advice and execution, our contribution to society, our work environment and our business success.

Industry

Securities, commodity contracts, and financial investments

Company size

10,000+ Employees

Headquarters location

Zürich, ZH, CH

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