London Repo Trader – Associate/VP | Hybrid & Growth

ING; Greater London; Hybrid; GBP 180,000 - 240,000; Full time

Benefits offered by this job

Hybrid working

Health cover

Pension scheme

Remote work up to 30 days abroad

Life assurance

Employee assistance

Job summary

ING is recruiting for a Repo Trader – Associate / Vice President in London. You will trade daily flow across UK Gilts, repo and securities lending, shaping the desk’s strategy and growth in collaboration with Sales colleagues globally.

The role requires a master’s degree or equivalent, strong English and quantitative mindset, and solid knowledge of pricing, risk analysis and short-term rate products. Hybrid working with opportunities for international exposure are offered.

Qualifications

• 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.
• Alertness and judgment to respond quickly to changing market conditions and volatility, with a collaborative approach.

Responsibilities

• Trade daily flow across UK Gilts, developed-market and emerging-market repo, and 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 electronic platform trading and coordinate with client franchise.
• Take ownership of ongoing risk analysis, identifying and evaluating trading opportunities and structures across currencies.
• Assess external trends and regulatory developments and plan their impact.

Skills

Fluency in English

Quantitative mindset

Pricing methods

Risk analysis

Repo trading products

Securities lending

Short-term interest-rate products

Collaboration

Market awareness

Education

Master’s degree or equivalent experience

Job description

ING is recruiting for a Repo Trader – Associate / Vice President in London. You will trade daily flow across UK Gilts, repo and securities lending, shaping the desk’s strategy and growth in collaboration with Sales colleagues globally.

The role requires a master’s degree or equivalent, strong English and quantitative mindset, and solid knowledge of pricing, risk analysis and short-term rate products. Hybrid working with opportunities for international exposure are offered.