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Junior Trader, European Govt Bond Repo. Global Securities Finance
INGThe Netherlandsfull_timeVerifiedPosted 15 Jan 2024
About the role
<p>Junior Trader, European Govt Bond Repo. Global Securities Finance, Amsterdam.<br/> </p><h1>Your work environment</h1><p>Financial Markets (FM) is the Bank’s gateway to the professional markets around the world. Our primary function is to service the needs of ING’s clients with products, services and guidance. FM aims to be a significant player and a market leader, with an additional presence in all the major international markets and specialist expertise in selected emerging markets and products.</p><p></p><h1>Your role</h1><p>The role is Junior Trader of the European Govt Bond Repo desk in Amsterdam (EGB) for Global Securities Finance (GSF). You will join the existing team of 3 traders locally, and 7 traders regionally. You will help drive the strategy and vision of the desk, working closely with regional financial markets sales. You will help grow and build upon the strong and existing franchise.</p><p></p><h1>Your key responsibilities</h1><ul><li>Trade the European Govt Bond Repo book.</li><li>Trade the daily flow, including hedging strategies, funding and collateral management.</li><li>Align with the credit risk, market risk, balance sheet and regulatory requirements, in Amsterdam.</li><li>Trade with the Financial Markets Global sales teams.</li><li>Work closely with key internal stakeholders to help develop electronic platform trading.</li><li>Co-ordinate and liaise with existing client franchise.</li></ul><p></p><p>Execute key analyses</p><ul><li>Performs continuing risk analyses</li><li>Analyses potential trading opportunities and structures</li><li>Evaluates financial products</li><li>Examines external trends and market information</li><li>Evaluates regulatory impact and planning for changes.<br/> </li></ul><h1>Who we are looking for?</h1><p>A colleague with a talent for taking it on and making it happen, enthusiasm for helping others to be successful and a knack for always being a step ahead. In other words, you strive to bring fresh ideas to life and embrace challenges in a fast changing and complex environment. You are a naturally collaborative person who listens and invests in others to achieve common goals. You love to challenge the status quo and are eager to propose creative solutions to problems.</p><p></p><p>As a Junior Repo Trader for GSF EGB Repo you will also need:</p><ul><li>Master’s degree (finance, commercial engineer, economics, statistics, computer sciences…) or equivalent through experience.</li><li>CFA preferred</li><li>To be fluent in English and understand Dutch</li><li>Experience within Financial Markets is preferred</li><li>Strong IT skillset, python preferred.</li><li>Knowledge of pricing methods / risk analysis</li><li>Knowledge of all Repo trading and rates products is preferred</li><li>To be a team player with good interpersonal and communication skills</li></ul><ul><li>Ability to respond to fast-changing situations.</li><li>Ability to make decisions with a significant financial impact (profit or loss) in stressful situations and under great pressure of time</li><li>Demonstrate alertness and ability to respond quickly to changing market conditions and volatility.</li></ul><p></p><h1>We offer you</h1><p>A clear purpose, a unique offer and a range of flexible compensation and other benefits:</p><ul><li>a 40-hour working week</li><li>a dynamic international working environment with innovative colleagues supporting your endeavours (Dealing room based in Amsterdam)</li><li>a progressive and agile way of working, where new ideas are valued ahead of convention</li></ul><p></p><p>Furthermore, within Financial Markets, you can count on a range of opportunities to invest in your personal and professional growth with:</p><ul><li>the possibility to participate in courses and trainings</li><li>challenging projects with quants and colleagues from sales and trading</li><li>the possibility to grow in the trading and Financial Markets organization</li></ul><p></p><h1>Interested?</h1><p>Click on apply! We are looking forward to your application! For more information about ING check: <a href="http://www.ing.nl/werken" rel="noopener noreferrer" target="_blank">www.ING.nl/werken</a></p>
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