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Analyst, Bank Solutions, Interest Rate Derivatives

Who Are We Derivative Path empowers institutions across the capital markets with innovative, AI-driven technology and expert advisory solutions. Our award-winning cloud platform supports banks, credit unions, private equity firms, hedge funds, asset managers, and insurance companies in managing interest rate, FX, and commodity risks, optimizing hedging strategies, and streamlining cross-border payments. With a client base spanning over 250 financial institutions and leading private equity firms, we deliver scalable solutions that enhance risk management and drive operational performance. Through strategic partnerships with Goldman Sachs, Wells Fargo, FNBO, Q2, and Jack Henry, we provide best-in-class capabilities to help clients achieve their financial objectives in an ever-evolving market.    With a team of seasoned professionals comprised of decades of industry experience, Derivative Path offers a flexible, hybrid work environment to its 125+ employees with the ability to work remotely and from one of four offices in San Francisco, New York, Chicago, and Manila. The Company is dedicated to building a diverse environment and has an unwavering commitment to creating a sense of belonging for all employees.  The Opportunity  We are looking for an ambitious and motivated Analyst to join our Interest Rate Derivatives Sales team in our New York office. Reporting to the Managing Director of Bank Solutions, this role requires that employees will be available to work in an office with the potential for occasional hybrid or remote work.  Our team helps regional and community banks offer interest rate hedging solutions to their commercial borrowers. We also help banks use interest rate derivatives to manage interest rate risk on their own balance sheet. We are effectively the interest rate sales and trading team for over 250 banks across the U.S.  This is a client-facing role that involves daily interaction with bank executives and commercial banking lenders, as well as the trading desks of large money-center swap dealers. You will support the daily activities of senior derivatives sales team members, structure and execute derivatives transactions, and assist with ad hoc projects. Success in the role requires a foundational knowledge of financial markets with strong interpersonal skills. Experience with banking and financial markets is ideal, but we do not expect candidates to have a deep understanding of derivatives. Training and support will be provided as needed.  This is a great opportunity to build a career in financial markets at a smaller organization where your work will have a direct impact on clients and the success of the firm.   What You'll Do  Respond to client inquiries about pricing and structuring of interest rate derivatives  Prepare client presentations and marketing materials  Execute interest rate derivative trades with swap dealers and commercial borrowers  Maintain details of sales activities in our CRM platform  Communicate current market trends in an easily understood written format  Coordinate onboarding for new transactions with partners in Legal, Compliance, and Operations  Educate bank executives, lenders and borrowers on derivatives transactions that accomplish their risk-management objectives  Qualifications Bachelor’s degree in Finance, Business, Economics, Engineering, or Computer Science or related field or equivalent practical experience. Up to 3 years of relevant experience in work experience (or internships) in a sales & trading environment or similar analytical environment.   Effective written and verbal communication skills  Superior quantitative skills and attention to detail  Interest in financial markets/banking  Ability to work effectively in a fast-paced environment  Desire to expand your skill-set and contribute in many ways to a fast-growing fintech firm  Fluent in Microsoft Office – PowerPoint, Excel, Word  Prior experience with banking, financial markets, or interest rate derivatives is preferred but not required  Location  NYC, 5 days in office  Benefits  Base salary, equity, and annual bonus as part of the compensation package  40 hours of sick leave  18 days of PTO  Paid parental leave  401K contribution at 3%  Competitive health benefits including HSA & FSA options, life insurance, and short-term disability  The expected salary for this position is $90,000+ and is eligible for a discretionary bonus and equity. We will consider your skills, experience, and location when determining your pay.     ---------------------------------------------------------------------------------------------------------------------------------   Derivative Path is an equal opportunity employer and does not discriminate based on any of the following: race, religious creed, color, age, sex, sexual orientation, gender identity, gender expression or gender characteristic, national origin, religion, marital status, medical condition, physical or mental disability, military service or veteran status, pregnancy, childbirth and related medical conditions, or any other classification protected by federal, state, and local laws and ordinances. Derivative Path offers a comprehensive benefits package, including health, dental, vision, retirement plan contribution, and a generous paid time off policy.