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ING Hubs Poland · 18 hours ago

Fixed Income Repo Trader, Director

New York

Full-time

Hybrid

Senior Level, Lead/Staff

$275K/yr - $325K/yr

8+ years exp

ING Financial Services LLC is a part of ING’s Wholesale Banking division, offering innovative financial products and services. The Director of Fixed Income Repo Trading will manage a significant trading book, drive revenue growth, and engage with clients to optimize liquidity and funding strategies.

AppsInformation TechnologyPaaSSoftware

Responsibilities

Manage a significant repo trading book, ensuring profitability and adherence to risk limits

Execute repo and reverse repo transactions across U.S. Treasuries, Agency Mortgage-Backed Securities, and High-Grade Credit

Monitor risk metrics (LCR, VaR, RWA) and optimize balance sheet usage

Utilize short term interest rates as trading opportunity and hedging strategy

Develop and implement strategies to expand the repo franchise and enhance market share

Anticipate client demand and structure large, complex trades to meet liquidity needs

Collaborate to grow the platform and FICC sponsored trading

Build and maintain relationships with hedge funds, asset managers, custodial banks, money market participants, and corporate clients

Collaborate with Sales, Research, Treasury, and Funding teams to deliver integrated solutions

Ensure adherence to internal policies, regulatory requirements, and governance standards

Partner with Legal, Compliance, and Risk teams to maintain robust control frameworks

Mentor junior traders and foster a culture of collaboration, innovation, and responsible risk-taking

Qualification

Repo trading experienceU.S. Treasury tradingRisk managementFINRA Series 7FINRA Series 63Quantitative skillsAnalytical skillsCollateral managementShort-term interest ratesPythonSQLRisk modelingNegotiation skillsCommunication skillsTeam collaboration