Junior Repo Trader - SLB & Securities Finance (London)

Santander USA; Greater London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A global financial services provider is seeking a motivated Junior Repo Trader for its London office. This role offers a pathway to becoming an independent trader, with responsibilities in daily repo trading, balance sheet management, and client interaction. Ideal candidates will have strong numerical and analytical skills, and a passion for financial markets. Excellent communication and teamwork abilities are essential. A competitive salary and tailored benefits package are part of the offer.

Benefits

Discretionary performance-related annual bonus

Pension contributions up to 12.5%

27 days holiday plus bank holidays

Company funded individual private medical insurance

Voluntary healthcare benefits

Share investment options

Qualifications

• Prior experience in a front-office, treasury, or financing-related role.
• Strong interest in markets, particularly money markets, securities financing or fixed income.
• Good understanding of fixed income products, repo mechanics, and market drivers.

Responsibilities

• Assist in daily trading of bilateral and triparty repo.
• Support analytics related to balance sheet usage and funding cost optimisation.
• Assist senior traders with daily P&L and inventory optimisation.

Skills

Numerical analysis

Market understanding

Communication skills

Attention to detail

Collaborative teamwork

Proficiency in Excel

Tools

Bloomberg

Python

VBA

Job description

A global financial services provider is seeking a motivated Junior Repo Trader for its London office. This role offers a pathway to becoming an independent trader, with responsibilities in daily repo trading, balance sheet management, and client interaction. Ideal candidates will have strong numerical and analytical skills, and a passion for financial markets. Excellent communication and teamwork abilities are essential. A competitive salary and tailored benefits package are part of the offer.