ING Americas · 14 hours ago
Fixed Income Repo Trader, Director
New York, NY
Full-time
Hybrid
Senior Level, Lead/Staff
$275K/yr - $325K/yr
8+ years expING Americas is part of ING’s Wholesale Banking division, offering innovative financial products and services to corporate and institutional clients. The Director of Fixed Income Repo Trading will manage a significant trading book, drive revenue growth, and shape strategic initiatives for liquidity and funding optimization.
Financial Services
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
Required
Bachelor's degree in Finance, Economics, or related field; MBA preferred
FINRA Series 7 and 63 required; Series 24 strongly preferred
Minimum 8–10 years of repo trading experience
Demonstrated track record of revenue growth and risk management in U.S. Government repo markets
Expansive knowledge of fixed income repo markets, collateral management, and short-term interest rates
Strong quantitative and analytical skills; familiarity with Python, SQL, and risk modeling preferred
Excellent negotiation and communication skills
Strong team collaboration skills
Preferred
MBA preferred
Series 24 strongly preferred
Familiarity with Python, SQL, and risk modeling preferred
Benefits
Comprehensive health benefits
Generous 401k savings plan
Competitive PTO
Adoption, surrogacy, and fertility services
Student debt assistance
Subsidies for expenses associated with commuting and fitness
Company
ING Americas
ING Americas offers a full array of wholesale financial products, such as commercial lending, financial markets and advisory products and services in the U.S.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Eduardo Gonzalez Arellano
Americas Chief Data Officer / Data Protecion Executive (DPE), Global WB COO Executive Data Steward
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