Director of Interest Rate Derivatives

Busey Bank • Denver, CO • 4h ago

Position SummaryThe Director of Interest Rate Derivatives leads the structuring, pricing, and execution of interest rate derivative products for institutional or corporate clients. This role is pivotal in managing interest rate risk, developing hedging strategies, and supporting the firm's trading and risk management objectives. The director collaborates closely with trading desks, sales teams, and risk management functions.

Duties & Responsibilities

Product Structuring & Execution:

Design and execute interest rate derivative strategies (e.g., swaps, options, futures) tailored to client needs.

Price and structure complex derivative transactions using quantitative models.

Client Advisory & Relationship Management:

Advise corporate and institutional clients on interest rate risk management.

Partner, engage and manage expectations of the bank's relationship management team throughout full corporate footprint.

Build and maintain strong client relationships to support business development.

Risk Management & Analytics:

Monitor market trends and macroeconomic indicators affecting interest rates.

Work with risk teams to assess and manage exposure from derivative positions.

Model Development & Validation:

Collaborate with quantitative teams to develop and validate pricing and risk models.

Ensure models are integrated into trading and risk platforms.

Strategic Planning:

Contribute to strategic planning and product innovation within the derivatives group.

Education & Experience

Knowledge of:

Deep understanding of related regulatory frameworks and credit risk management

Financial services, specifically within commercial banking

Strong leadership, negotiation, oral and written communication skills

Strong organizational and project management skills

Ability to:

Multi-task and work independently

Build relationships with internal partners and external financial institutions

Provide expertise in commercial lending, structured finance and capital markets execution within a regulated banking environment.

Analyze and solve problems

Review and negotiate operational and regulatory terms within legal loan documentation

Perform duties under frequent time pressures

Education & Experience:

Bachelor's degree in Finance, Mathematics, Economics, Engineering, or a related field.

6-10+ years of experience in interest rate derivatives trading, structuring, or quantitative modeling 1.

Strong background in financial markets, derivatives pricing, and risk management.

Experience in leading cross-functional projects - preferred.

Compensation and Benefits

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

(Base Pay Range: $125,000-$175,000/year)

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being-now and in the years to come-are important to us. Busey's Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit BuseyTotal Rewardsfor more information.

Equal Opportunity

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. VisitBusey.com/Careersto learn more about Busey's Equal Opportunity Employment.

Unsolicited Resumes

Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.

Application Deadline: August 31, 2025

EOE of Minorities/Females/Vets/DisabilityApply at: http://ipc.us/t/CD786A6715DB4DBB.

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