[Hiring] Rates Trader @24-MAG

Role Description

We are sharing a specialised remote consulting opportunity for experienced Rates Traders and Fixed Income Trading Professionals with strong expertise in interest rate derivatives, Treasury futures, repo markets, SOFR/Eurodollar instruments, and trading risk management to contribute their market knowledge to advanced AI training and evaluation initiatives.

Selected professionals will evaluate AI-generated trading strategies, assess simulated market scenarios, and provide expert feedback on the accuracy, practicality, and risk characteristics of proposed trading decisions. The work combines hands-on rates trading experience with quantitative strategy assessment, market structure analysis, and technical evaluation to improve how advanced AI systems reason about fixed income markets and trading operations. Prior experience with AI training projects is not required.

Key Responsibilities

• Rates Trading & Market Strategy Evaluation
  • Evaluate AI-generated trading strategies involving interest rate products and fixed income markets.
  • Assess proposed trading decisions for market realism, technical accuracy, and practical execution considerations.
  • Review strategies involving interest rate swaps, swaptions, Treasury futures, and repo transactions.
  • Analyse trading approaches involving SOFR/Eurodollar instruments and related market conventions.
  • Apply professional trading experience to identify weaknesses in proposed rates strategies and market assumptions.
• Rates Market Structure & Trading Desk Practices
  • Assess AI-generated trading outputs against established rates market structure and trading desk practices.
  • Evaluate how proposed strategies account for liquidity, execution, and relevant market dynamics.
  • Review trading scenarios involving derivative instruments, funding markets, and fixed income transactions.
  • Identify discrepancies between theoretical trading approaches and real-world desk operations.
  • Provide practical insights into how professional rates traders assess market opportunities and manage positions.
• Trading Risk Management & Scenario Analysis
  • Review AI-generated strategies for their treatment of market risk and trading exposures.
  • Assess the suitability of proposed trading approaches under different interest rate scenarios.
  • Evaluate quantitative strategy assumptions and their implications for trading outcomes.
  • Identify incomplete risk assessments, unrealistic market assumptions, and weaknesses in trading logic.
  • Recommend improvements that reflect established trading risk management practices.
• AI Training & Representative Trading Task Development
  • Develop realistic sample tasks based on practical rates trading scenarios and market conditions.
  • Define clear technical instructions and evaluation criteria for AI-generated trading responses.
  • Assess AI performance in simulated trading environments and document observed strengths and weaknesses.
  • Refine trading scenarios to better reflect genuine market conditions and professional decision-making.
  • Apply specialist market expertise to improve the accuracy and relevance of AI trading evaluations.
• Technical Feedback & Cross-Functional Collaboration
  • Prepare structured written assessments of AI-generated trading strategies and market analyses.
  • Explain trading assumptions, market structure considerations, and recommended corrections.
  • Collaborate with project leads and technical teams to translate trading expertise into actionable evaluation guidance.
  • Communicate complex rates trading concepts to both technical and non-technical stakeholders.
  • Maintain high standards of analytical accuracy, professional judgement, and documentation quality across assigned deliverables.

Qualifications

• Current or previous professional experience as a Rates Trader, Fixed Income Trader, or Interest Rate Derivatives Trader.
• Experience at an investment bank, hedge fund, or comparable financial institution is preferred.
• Direct practical knowledge of interest rate swaps, swaptions, Treasury futures, repo markets, and SOFR/Eurodollar trading.
• Strong understanding of interest rate markets and relevant trading conventions.
• Familiarity with professional trading desk operations and fixed income market structure.
• Experience evaluating trading strategies and assessing their practical market implications.
• Understanding of market risk management and position-level trading considerations.
• Ability to analyse trading scenarios involving different market conditions and interest rate movements.
• Knowledge of quantitative trading strategies and their application to rates markets.
• Experience with algorithmic or systematic rates trading is highly advantageous but not required.
• Ability to identify unrealistic execution assumptions and weaknesses in proposed trading strategies.
• Familiarity with liquidity considerations and relevant transaction characteristics in rates markets.
• Strong analytical reasoning and practical financial market judgement.
• Experience reviewing trading decisions or strategies under simulated market conditions.
• Ability to explain how professional trading practices differ from purely theoretical approaches.
• Excellent written communication skills for documenting technical findings and trading assessments.
• Strong verbal communication skills and ability to collaborate with multidisciplinary project teams.
• Experience working with technology professionals on trading systems or analytical tools is advantageous.
• Strong attention to detail when reviewing market assumptions, risk considerations, and strategy outputs.
• Ability to work independently and maintain consistent quality in a remote consulting environment.
• Prior experience with AI model training or evaluation projects is not required.

Engagement Details

• Freelance / contract engagement
• Fully remote
• Compensation: $80–$100/hour
• 20 available openings