Fixed Income Repo Trader - VP - Selby Jennings

Selby Jennings; Paris; Sur place; EUR 90 000 - 120 000; Plein temps

Résumé du poste

A leading financial services firm is seeking a Vice President - Fixed Income Repo Trader in Paris or London. The role involves managing liquidity and trading strategies across fixed income securities, including repo transactions. Candidates should have 5-7 years of relevant experience and strong analytical skills. A competitive salary and performance bonus are offered, along with opportunities for career development in a dynamic environment.

Prestations

Competitive base salary

Performance-linked bonus

Access to cutting-edge trading infrastructure

Career development support

Exposure to senior leadership

Qualifications

• 5-7 years of experience in fixed income trading or repo markets.
• Proficiency in trading systems and analytics.
• Fluency in English required; French is a plus.

Responsabilités

• Trade and manage liquidity across short-term instruments.
• Execute and structure repo transactions and stock lending.
• Monitor market conditions to identify opportunities.

Connaissances

Fixed income trading

Liquidity management

Collateral optimization

Communication

Analytical skills

Entrepreneurial mindset

Formation

Degree in Finance, Economics, Engineering or quantitative discipline

Outils

Bloomberg

Murex

Python

Excel / VBA

Description du poste

Overview

Fixed Income Repo Trading Mandate

Role Title: Vice President - Fixed Income Repo Tarder - Short-Term Bonds & Money Markets (Commercial Paper)

Location: London or Paris

Desk: Fixed Income Trading - Repo, Liquidity & Financing Solutions

Reporting To: Head of Fixed Income Financing

Mandate Summary

• Lead and expand short-term fixed income and securities financing activities across commercial paper, bank bonds, sovereign and emerging market debt, and repo instruments.
• Focus on liquidity management, collateral optimisation, and dynamic risk control.
• Operate at the intersection of trading, treasury, and asset management.
• Contribute to strategic desk direction, product innovation, and global collaboration.

Responsibilities

• Trade and manage liquidity across high-grade short-term instruments, including bank-issued commercial paper and short-dated bonds.
• Maintain and optimize the liquidity buffer on bank bonds in line with treasury and regulatory requirements.
• Monitor market conditions and funding spreads to identify relative value and arbitrage opportunities.
• Execute and structure repo transactions, stock lending, and Total Return Swaps (TRS).
• Develop forward-looking strategies to enhance yield and balance sheet efficiency.
• Engage with counterparties, clearing houses, and custodians to ensure smooth execution and settlement.
• Optimize collateral usage across jurisdictions, balancing cost, availability, and regulatory constraints.
• Collaborate with Asset Management teams to align liquidity and investment strategies.
• Partner with structuring, sales, and risk teams to deliver bespoke financing and hedging solutions.
• Support credit trading and sovereign bond desks with financing structures and liquidity management.
• Focus on European underlying, with selective exposure to US and Asian markets.
• Trade and manage risk across Sovereign and Emerging Market Bonds, including hard and local currency instruments.
• Monitor geopolitical and macroeconomic developments affecting global fixed income markets.
• Apply dynamic risk management techniques to monitor and mitigate market, credit, and liquidity risks.
• Develop and maintain pricing models and risk analytics for repo and financing instruments.
• Ensure compliance with internal risk limits and external regulatory frameworks (e.g., Basel III, LCR, NSFR).
• Contribute to trading strategy development, product innovation, and desk-level P&L growth.

Candidate Profile

• 5-7 years of experience in fixed income trading, repo markets, or short-term credit instruments.
• Expertise in securities financing, liquidity management, and collateral optimization.
• Strong understanding of credit markets, macro drivers, and regulatory capital frameworks.
• Proficiency in trading systems and analytics platforms (Bloomberg, Murex, Python, Excel / VBA).
• Excellent communication and interpersonal skills for cross-team collaboration.
• Entrepreneurial mindset with a proactive approach to identifying opportunities.
• Fluency in English required; French is a plus for Paris-based candidates.
• Degree in Finance, Economics, Engineering, or a quantitative discipline preferred.

What's on Offer

• Competitive base salary and performance-linked bonus structure
• Access to cutting-edge trading infrastructure and analytics tools
• Opportunity to lead and shape a high-performing financing desk
• Dynamic, inclusive, and intellectually stimulating work environment
• Career development support and global mobility opportunities
• Exposure to senior leadership and strategic decision-making