Vanilla Repo Trader

JR United Kingdom; London; On-site; GBP 70,000 - 120,000; Full time

Job summary

A leading global investment bank seeks a dynamic Vanilla Repo Trader for its European Rates Trading team. This role offers an exciting opportunity at the Associate or Vice President level, focusing on repo trading within European government bonds. Ideal candidates will leverage their 3-7 years of experience and strong analytical skills to contribute to a high-performing trading desk.

Qualifications

• 3-7 years of experience in repo trading, preferably in European government bonds.
• Strong understanding of collateral management and funding strategies.
• Proven ability to generate consistent P&L.

Responsibilities

• Execute and manage vanilla repo trades across European sovereign debt markets.
• Monitor and optimise funding and collateral positions.
• Support junior team members and collaborate across global trading hubs.

Skills

Analytical skills

Quantitative skills

Communication

Interpersonal skills

Job description

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Overview:
A leading global investment bank is seeking a dynamic and driven Vanilla Repo Trader to join its European Rates Trading team. This is an exciting opportunity for an Associate or Vice President-level candidate to contribute to a high-performing desk, focusing on repo trading across European government bonds.

Key Responsibilities:

• Execute and manage vanilla repo trades across European sovereign debt markets
• Monitor and optimise funding and collateral positions
• Work closely with sales, treasury, and other trading desks to ensure efficient trade execution and risk management
• Contribute to the development of trading strategies and pricing models
• Maintain a strong understanding of market structure, regulatory developments, and liquidity dynamics
• Support junior team members and collaborate across global trading hubs

Key Requirements:

• 3-7 years of experience in repo trading, preferably within European government bonds
• Strong understanding of repo markets, collateral management, and funding strategies
• Proven ability to manage risk and generate consistent P&L
• Excellent analytical and quantitative skills
• Effective communicator with strong interpersonal skills
• Fluency in English; additional European languages are a plus
• Eligibility to work in either the UK or France