Repo Trader

Job Description:

Job Title:

Repo Trader

Location:

London

Corporate

Title:

Assistant Vice President

Agency Securities Lending (ASL) is a portfolio management tool that institutional clients can use to generate an attractive risk‑adjusted portfolio return on their fixed‑income and equity portfolios as well as cash positions. This is a fantastic opportunity for an early to mid‑career level trader of AVP level to join the ASL trading team based in London. With an expanding client base and dynamic management driving the business forward, this is a perfect role for someone to continue to assist with that momentum.

You will predominantly trade the Fixed Income book but with a global perspective, utilising EMEA trading hours to maximise opportunities. A key focal point will be the lending of ASL clients European fixed‑income government and corporate bonds and the associated cash reinvestment requirements.

• Competitive salary and non‑contributory pension
• 30 days’ holiday plus bank holidays, with the option to purchase additional days
• Life Assurance and Private Healthcare for you and your family
• A range of flexible benefits including Retail Discounts, a Bike4
  
  Work scheme and Gym benefits
• The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year

• Maximise revenue returns for client portfolios in the ASL programme and manage the trading execution of ASL Repo and Corporate securities.
• Work with the ASL marketing team to price portfolios and assist with pitch material.
• Provide market commentary / colour to management and ASL marketing team.
• Collaborate with borrowers to establish the most effective lending and reinvestment strategy for ASL.
• Adhere to all compliance and relevant restrictions at country/market/bank and client level and create a multi‑asset (fixed income, equity and cash invest) trading strategy.
• Work alongside the ASL Global Trading Locations and Global Client Franchise.
• Work with the ASL Global Product team to support technology solutions through internal deliveries and external vendor platforms.

• Experience of trading in the Securities Lending and Repo Market (essential).
• Excellent communication and presentation skills.
• Strong understanding of Microsoft Office suites, including Excel, PowerPoint and Word.
• Ability to work in a team environment, both virtually/globally and on site.
• Innovative, articulate and motivated in understanding the commercial opportunities as well as supporting and designing the ASL control framework across our products.

• Training and development to help you excel in your career.
• Coaching and support from experts in your team.
• A culture of continuous learning to aid progression.

We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards). If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge at  to discuss.