GSF Collateral Trader (Associate or VP)

ING France; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A global financial institution is seeking a Trader for their Collateral desk in London. The successful candidate will have over 4 years of trading experience and will be responsible for managing collateral, repo, and securities lending products. They should possess strong analytical skills, a Master's degree, and proficiency in English. The role offers a dynamic work environment with opportunities for personal and professional growth.

Benefits

Dynamic international working environment

Opportunities for personal and professional growth

Qualifications

• 4+ years of experience in trading.
• Quantitatively minded with knowledge of trading venues.
• Ability to respond quickly to changing market conditions.

Responsibilities

• Trade daily flow in Collateral, Repo, Securities Lending.
• Align with credit risk and market risk requirements.
• Collaborate with internal stakeholders on trading platforms.

Skills

Trading experience

Analytical skills

Collaboration

Problem-solving

Fluency in English

Education

Master's degree or equivalent experience

Tools

Python

Job description

Your work environment
Financial Markets (FM) is the Bank’s gateway to the professional markets around the world. Our primary function is to service the needs of ING’s clients with products, services and guidance. Optimisation of the global portfolio of assets sits at the centre of the Global Securities Finance franchise.

Your role
The role is a Trader for our Collateral desk in London for Global Securities Finance (GSF). You will join an existing team of 3 traders locally. You will help drive the strategy and vision of the desk, working closely with the Global GSF team.

Your key responsibilities

• Trade the daily flow in Collateral, Repo, Securities Lending and Money market products for Equities and Fixed income.

• Align with the credit risk, market risk, balance sheet and regulatory requirements, in London.

• Collaborate with the Front office support teams

• Work closely with key internal stakeholders to help develop electronic platform trading and a collateral optimiser.

• Co-ordinate and liaise with existing client franchise.

Execute key analyses

• Performs continuing portfolio optimisation of assets held bilaterally and in Tri-Party.

• Analyses potential trading opportunities and structures across various asset classes.

• Performs continuing risk analysis.

• Examines external trends and market information

• Evaluates regulatory impact and planning for changes.

Who we are looking for?
A trader with 4 years + experience. With a talent for taking it on and making it happen, enthusiasm for helping others to be successful and a knack for always being a step ahead. In other words, you strive to bring fresh ideas to life and embrace challenges in a fast changing and complex environment. You are a naturally collaborative person who listens and invests in others to achieve common goals. You love to challenge the status quo and are eager to propose creative solutions to problems.

As a Collateral Trader for GSF you will need:

• Master’s degree or equivalent through experience.

• Minimum 4 years experience

• Fluency in English

• Quantitively minded and knowledge of Python or any other coding language preferred

• Knowledge of Tri-Party Repo trading venues and products is preferred

• Knowledge of pricing methods / risk analysis desired

• Demonstrate alertness and ability to respond quickly to changing market conditions and volatility.

We offer you
A clear purpose, a unique offer and a range of flexible compensation and other benefits:

• a dynamic international working environment with innovative colleagues supporting your endeavours. London based role but working closely with Group Treasury and Dealing room based in Amsterdam and New York

• a progressive and agile way of working, where new ideas are valued ahead of convention

Furthermore, within Financial Markets, you can count on a range of opportunities to invest in your personal and professional growth with:

• the possibility to participate in courses and trainings

• challenging projects with quants and colleagues from sales and trading

• the possibility to grow in the trading and Financial Markets organization