Director, EGB/SSA/Covered Cash Trader, FICC (London (UK), ENG, GB) | London, UK

Scotiabank; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading financial institution is seeking a Director for EGB/SSA/Covered Cash Trading in London. This role involves promoting the cash hub trading franchise, managing market making books, and driving initiatives to expand revenue. Candidates should possess an undergraduate degree in Economics, FCA registration, and relevant market making experience.

Benefits

Flexible benefits tailored to health needs

Qualifications

• Experience in EGB and EUR SSA market making.
• FCA Registration required.
• Successful completion of NFA's Swaps Proficiency Requirement (SPR).

Responsibilities

• Promote the London cash hub secondary trading franchise.
• Drive new initiatives across products and currencies.
• Manage market making books using cash and derivative instruments.

Skills

Market making

Client relationships

Knowledge of financial instruments

Education

Undergraduate Degree in Economics

Tools

Bloomberg

Market Axess

Tradeweb

Candeal

Brokertec

Job description

Director, EGB/SSA/Covered Cash Trader, FICC (London (UK), ENG, GB)

Requisition ID: 225304

Join a purpose-driven, results-oriented team within an inclusive and high-performing culture.

Position & Team Overview/Highlights:

Contribute to the success of the London cash hub trading EGBs (Germany and France specific) and EUR SSA/Covered bonds, ensuring that goals, plans, and initiatives support the team's business strategies and comply with regulations and internal policies. This role is under the PRA/FCA Certification Regime and requires internal certification as a significant harm function.

What You'll Do:

1. Promote the London cash hub secondary trading franchise by providing market making and information services for the bank's global client base, focusing on EGB bonds (Germany and France), EU SSA, and EU covered bonds.
2. Drive new initiatives across products and currencies to expand the franchise's reach and grow revenue, aligning with local and global strategies.
3. Use appropriate cash and derivative instruments confidently to manage market making books and ensure the desk and bank stay within set limits.

What You'll Bring:

1. Undergraduate Degree in Economics
2. FCA Registration
3. Experience in EGB and EUR SSA market making
4. Experience in financials/covered bonds market making
5. Existing client relationships
6. Knowledge of systems such as Bloomberg, Market Axess, Tradeweb, Candeal, Brokertec
7. Successful completion of the NFA's Swaps Proficiency Requirement (SPR) prior to engaging in in-scope activity

Interested?

If your experience is closely related but not a perfect match, we encourage you to apply—you might be the right fit for this or other roles at Scotiabank!

Our Commitment:

At Scotiabank, we empower employees to reach their potential, respect individual differences, and foster a diverse, inclusive, and performance-oriented culture.

What’s in it for you?

We support your well-being through flexible benefits tailored to your family, financial, physical, mental, and social health needs.

Location:

England: Greater London: London (UK)

About Scotiabank:

Leading in the Americas, guided by our purpose: "for every future," we help customers and communities succeed through various financial services. We value diverse skills and experiences and are committed to an inclusive environment. Accommodations are available during the recruitment process.

Apply online to be considered. Only shortlisted candidates will be contacted.