Director of Interest Rate Derivatives

Director Of Interest Rate Derivatives

The 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 :

Risk Management & Analytics :

Model Development & Validation :

Strategic Planning :

Education & Experience

Knowledge of :

Ability to :

Education & Experience :

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-beingnow and in the years to comeare 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.

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.

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