Sydney | Full-time | Hybrid

About the role

An exciting opportunity has become available for an experienced Commodities, Rates & FX Trader to join Rabobanks Markets team in Sydney.

This is a unique role combining Commodities Trading with Interest Rates and FX, with a particular focus on building and developing Rabobanks regional commodities trading capability.

Youll play an important role in establishing the infrastructure, pricing capability and risk framework required to support commodities trading in Australia and the broader APAC region. Alongside this, youll provide trading coverage across Rates and FX, supporting Australian Corporate and Rural client activity.

With client activity continuing to grow across the region, this is an opportunity to help shape and develop a strategically important trading capability from Sydney.

What youll do

Commodities Trading

• Manage orders for Sydney and Hong Kong Sales during Sydney trading hours.
• Quote and execute RFQ business across approved commodities products.
• Develop trading infrastructure to support Australian energy business.
• Manage commodity curves and enhance local pricing capabilities.
• Price and hedge diesel and other commodity transactions.
• Support the development of an appropriate risk framework for commodities trading.
• Price and execute commodity accumulators and vanilla commodity options.
• Develop and enhance trading spreadsheets and order books.
• Build and onboard broker relationships to support Australian and Asian coverage.
• Support milk and dairy trading flows.
• Assess hedging liquidity for ASX electricity products.

Rates & FX

• Youll also provide coverage for the Sydney trading portfolio, supporting FX and Interest Rate flows from Australian Corporate and Rural clients.

Your responsibilities will include:

• Reviewing and managing portfolio positions and risk.
• Pricing new Interest Rate and FX transactions.
• Hedging new and existing market exposures.
• Managing pricing for FX spot and FX swaps.
• Managing FX spot and fixing orders during regional coverage periods.
• Pricing IRS, cross-currency swaps, long-dated FX swaps and par forwards.
• Assisting Sales with XVA charge calculations.
• Providing Treasury with cash positions to support optimal funding of the trading book.

What youll bring

Youre an experienced trader with strong technical capability across financial markets and the confidence to operate in an environment where youll be helping to build and enhance trading capability.

Youll ideally bring:

• At least 5 years trading experience, with experience across Commodities and Rates/FX.
• A university qualification in finance, accounting, business, economics, law or another banking-related discipline.
• In-depth knowledge of relevant financial products and markets.
• Strong technical and quantitative capability within your areas of expertise.
• Experience building and maintaining pricing sheets and other sales or trading applications.
• The ability to manage risk and respond effectively to client and Sales requests.
• Strong stakeholder and communication skills, with the ability to work across regional and global teams.
• A relevant postgraduate qualification would be advantageous.

What sets this opportunity apart

This is more than a traditional trading seat. Youll have the opportunity to contribute to the development of Rabobanks commodities trading capability in the region, combining hands-on trading with infrastructure, pricing, risk and product development.

Youll work across Commodities, Rates and FX while partnering with Sales, Treasury and international Markets teams, giving you broad exposure to both Australian and APAC client activity.

Our commitment

At Rabobank, we expect our people to uphold our values and Code of Conduct and to put fair and transparent client outcomes at the centre of their decisions, behaviours, processes and controls.

If youre an experienced markets professional looking for an opportunity that combines trading, technical expertise and the chance to help build a growing regional capability, wed love to hear from you.