IB - AUD Rates Sales Trader - Associate

Position Overview

Details of the Division and Team:

Sydney-based AUD Rates Sales Trader with primary responsibility for driving client engagement, executing flow trading, and delivering market insights across the Australian rates product suite, including government bonds, semi-government bonds, and interest rate derivatives.

The role combines sales origination and relationship management with trading execution and risk awareness, acting as a key interface between clients and the trading desk. The individual will partner closely with research, structuring, and syndication to deliver tailored solutions and optimise client outcomes, while contributing to the growth and profitability of the Australia Rates franchise

What we will offer you:

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Competitive salary with superannuation paid over and above fixed pay

• 4 weeks annual leave, plus one week additional leave*, one week wellbeing leave* and the option to purchase leave (*subject to eligibility criteria)

• Salary packaging for car parking, motor vehicles, taxis and superannuation

• Parental leave benefits including 26 weeks paid leave for primary carer and 16 weeks paid leave for non-primary carer and Childcare Assistance Payment

• A range of benefits including online employee discount program, annual flu vaccinations, discounted private health insurance, employee referral program

• Insurance cover for life, total disablement and salary continuance

• Executive health checks for Directors and Managing Directors

• Matched giving and paid volunteer leave

Your key responsibilities:

• Execute trades across the suite of AUD interest rate Cash and Derivative products

• Support pricing and liquidity provision for clients

• Driving client engagement and revenue generation across the AUD rates franchise through disciplined execution

• Develop a deep understanding of client needs and proactively originate flow opportunities aligned with the bank's strategy

• Build and maintain strong relationships with institutional clients to drive repeat business

• Provide timely market colour, trade ideas, and advisory content to clients

• Ensure accurate trade capture and adherence to booking and reporting requirements

• Operate within authorised trading limits and monitor risk exposure

• Partner with trading, research, structuring, and syndication to deliver client solutions

• Build relationships with internal stakeholders to ensure seamless delivery

• Maintain connectivity with brokers and market participants

• Identify opportunities for business growth and contribute to strategy

• Adhere to all internal policies and regulatory frameworks

• Develop client/trade analytics and insights to support revenue generation

Your skills and experience:

• 2-5 years relevant experience across rates sales, trading, or hybrid roles

• Strong understanding of Australian rates and fixed income markets

• Experience in client engagement, execution, and market commentary

• Degree in finance, economics, mathematics or related discipline

• Strong technical capability including Excel (VBA advantageous)

• Excellent communication skills

How we’ll support you:

• Flexible working to assist you balance your personal priorities

• Coaching and support from experts in your team

• A culture of continuous learning to aid progression

• A range of flexible benefits that you can tailor to suit your needs

• Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

Deutsche Bank & Diversity

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
If you are a trans or gender diverse applicant and require support or a confidential contact during the hiring process please email dbPride.AusNZ@db.com