Repo Trader - Associate / VP

Posted 2 Days Ago
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London, Greater London, England, GBR
In-Office
Entry level
Fintech • Payments • Financial Services
The Role
Trade daily repo and securities-lending flows across UK Gilts and developed and emerging markets. Develop cross-currency hedging strategies, optimize funding, manage credit and market risk, and ensure regulatory compliance. Analyze trading opportunities, market trends, and regulatory developments while partnering with sales teams and internal stakeholders to expand electronic platform trading and support the client franchise.
Summary Generated by Built In

Repo Trader – Associate / Vice President - London

Join ING’s London Fixed Income Repo desk in a hands-on trading role with early responsibility. You will help shape the strategy and growth of the desk while working closely with Financial Markets Sales colleagues across our global network.

 

The team

Financial Markets is ING’s gateway to professional markets around the world. It serves clients with products, services and guidance, with a presence in major international markets and specialist expertise across selected emerging markets and products.


You will join the London Fixed Income Repo desk within Global Securities Finance, working in a team of four traders. The role offers close collaboration with Financial Markets Sales colleagues globally.

 

Roles and responsibilities

In this role, you will:

  • Trade daily flow across UK Gilts, developed-market and emerging-market repo, as well as securities-lending structures.
  • Develop and execute cross-currency hedging strategies while optimising funding across the books.
  • Manage activity in line with credit risk, market risk, balance-sheet and regulatory requirements in London.
  • Partner with internal stakeholders to support the development of electronic platform trading and coordinate with the existing client franchise.
  • Take ownership of ongoing risk analysis, identifying and evaluating trading opportunities and structures across currencies.
  • Assess external trends, market information and regulatory developments, and plan for their impact. 

How to succeed


We hire smart people like you for your potential. Our biggest expectation is that you’ll stay curious, keep learning and take on responsibility. In return, we’ll support you in developing into an even more accomplished version of yourself.


  • A master’s degree, or equivalent experience.
  • Fluency in English and a strong quantitative mindset.
  • Knowledge of pricing methods and risk analysis.
  • Strong knowledge of repo trading products, including securities lending.
  • Knowledge of short-term interest-rate products is preferred.
  • The alertness and judgement to respond quickly to changing market conditions and volatility, combined with a collaborative and solutions-focused approach.

Rewards and benefits

We want to make sure that it’s possible for you to strike the right balance between your career and your private life https://careers.ing.com/en/UKHome

 

The benefits of working with us at ING include:

  • Comprehensive health cover, including private medical, dental, vision, health screening and in-person GP appointments
  • Generous pension scheme and financial protection, including life assurance, income protection, access to pension guidance and will writing services, and an interest-free season ticket loan
  • Generous annual leave, with the option to purchase additional days and time off for key life events
  • Wellbeing and family support, including an Employee Assistance Programme, back-up child and elder care, enhanced family leave policies and support coaching for new parents
  • Lifestyle benefits such as electric vehicle and cycle to work schemes, an on-site gym and access to on-site staff restaurant and barista coffee facilities
  • Opportunities for personal and professional growth through mentoring, learning, short-term assignments and international career development
  • Opportunities to build strong connections through volunteering, employee forums and social clubs
  • undefined

ING Privacy Statement

In order to operate ING’s recruitment process, we will collect and store personal data you provide. Please request the privacy statement should you wish to understand how ING UK uses and protects this information and visit our website for more information.


About us
Curious about how ING empowers people and businesses to move forward? Discover what we do and what we can offer you.


Questions?
Contact the recruiter attached to the advertisement. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button.

Skills Required

  • Experience trading repo across UK Gilts, developed markets, or emerging markets
  • Experience with securities-lending structures
  • Ability to develop and execute cross-currency hedging strategies
  • Understanding of credit risk, market risk, balance-sheet, and regulatory requirements
  • Ability to analyze trading opportunities, market information, and regulatory developments
  • Ability to collaborate with sales teams and support electronic platform trading
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The Company
HQ: Amsterdam
65,710 Employees

What We Do

ING is a pioneer in digital banking and on the forefront as one of the most innovative banks in the world. As ING, we have a clear purpose that represents our conviction of people’s potential. We don’t judge, coach, or tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realise their vision for a better future. We made the promise to make banking frictionless, removing barriers to progress, and make people confident in their financial decisions. As a global bank we have a huge opportunity – and responsibility – to make an impact for the better. We can play a role by financing change, sharing knowledge, and innovating. Being sustainable is in all the choices we make—as a lender, as a partner and through the services we offer our customers

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