Associate Trader, Derivatives

Salary Range

$90,000 USD - $120,000 USD. Compensation based on experience, skills, qualifications. Included: annual performance bonus and benefits: healthcare, retirement, vacation, wellbeing.

Opportunity to join derivatives trading team in Seattle. Responsible for trading and advising on customized portfolio overlays and hedging strategies across Russell Investments' funds and third-party clients.

Focus on equity, fixed income, and commodity derivatives: listed futures, OTC and cleared swaps, listed and OTC options.

• Trade execution across derivatives products including listed futures (equity index, fixed income, commodities), listed and bilateral OTC equity index and fixed income options and swaps.
• Research and advise on wide range of derivative instruments and implementation strategies to understand liquidity, tracking error, and transaction costs.
• Work with internal and external stakeholders to provide subject‑matter expertise on derivative strategies and ad‑hoc requests.
• Prepare regular reporting of trading volumes, trade cost analysis, market color, and performance related reporting.
• Assist trading, operations, and technology teams with feedback for process improvements.
• Flexible working hours: trading desk starts around 5:30 am to cover U.S. market hours; requires a several‑months rotation covering Asian markets (3:00 pm – 12:00 am).

• Bachelor's degree in finance or related area.
• 1‑5 years of experience with derivatives trading, operations, or portfolio management; experience with fixed income and/or options a plus.
• CFA and/or CAIA designation or progress toward designation is a plus.
• Detail‑oriented, intellectually curious, excellent communication skills.
• Self‑starter, proactive in taking on new responsibilities.
• Highly proficient with Excel.
• Experience with Bloomberg is a plus.

This role is not eligible for employment‑based immigration sponsorship. Applicants must be legally authorized to work in the United States without employer sponsorship, now or in the future.

Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation, past or present unemployment status, or any other characteristic protected by law.