Funding Trader; Global Short Term Markets

Position: Funding Trader (Global Short Term Markets)
Location: Greater London

Work Location :

London, United Kingdom

Hours:

35

Line of Business:

TD Securities Pay Details:

We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

TDS Global funding is looking for a driven and self-motivated individual to fill the role of UK funding trader.

Roles and responsibilities include:

Issue short-term interest rate products to address dealer funding needs

Generate revenue from the investment of firm excess liquidity into cash products and central bank facilities

Optimize funding tenor and product type to minimize funding and liquidity costs

Advise clients and internal partners on developments in short-term interest rate and wholesale funding markets

Leverage holistic understanding of global short-term interest rate markets and bank liquidity to generate trade ideas

Identify opportunities (tactical and strategic) that reduce firm inefficiencies and grow franchise business

Manage the funding impact resulting from trading activities in other business lines

Keep abreast of regulatory developments and understand their impacts to the market and the business

Job Requirement Price fixed and floating levels for Certificates of Deposit, Commercial Paper and wholesale funding deposits across G7 currencies

Identify revenue opportunities across cash and interest rate products

Manage multicurrency portfolio of cash in line with firm needs and day-to-day Funding Operations Manage risk, ticketing and P&L for London funding books

Provide periodic commentary for clients, internal desks, and various internal committees

Develop efficiencies or opportunities via automating or synthesizing data Develop and execute tactical and strategic solutions to minimize regional and global liquidity costs

Forge strong relationships with key business partners, understand financial markets and regulation and apply analytics to drive commercial value

Qualifications

Minimum five years experience in financial markets in a trading capacity across a breadth of interest rate products

High level of proficiency in Python High level of proficiency in MS Office, Bloomberg, VBA or comparable coding language

Bachelors or Masters Degree in Computer Science, Math, Engineering or Business Administration or equivalent experience preferred

Excellent communication skills and experience speaking to technical and business audiences

High level of proficiency in statistical analysis on large datasets

Comfortable multi-tasking, managing multiple stakeholders and working as part of a team Strong analytical and problem solving skills

Self-starter

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