Join us as a Repo Trader

• Working from our NatWest Markets Amsterdam office as a Repo Trader, you’ll be supporting our European client business
• You’ll be carrying out trading activities on our products according to the strategy and risk appetite of NatWest Markets
• If you’re ready for a new challenge and want to make a far-reaching impact through your work, this could be the opportunity you’re looking for
• We’re offering this role at Analyst or Associate level
   

What you'll do
 

In your new role working in our fixed income business, you’ll be working closely with our European Repo franchise team. You’ll be supporting our clients with trades, managing and hedging portfolio risk, and optimising positioning across NatWest Markets, working closely with other traders who cover European Government Bonds, EUR Interest Rate Swaps, G10 FX forwards, G10 FX options and XVAs, which will give you a great opportunity to gain experience of these products.

We’ll look to you to understand the risk run by the desk, as well as managing your own risk positions and executing hedging strategies, making sure your own risk limits are not breached. You’ll proactively be involved in identifying opportunities to improve, simplify, and automate our processes.

Day to day you’ll also be:

• Meeting financial objectives as defined in your performance objectives, targeting a sustainable and robust business P&L stream and risk profile
• Responsible for the timely, accurate, and consistent pricing and execution of the desk’s product range in line with our policy
• Overseeing the risk management of the desk’s books using appropriate hedging instruments
• Accurately booking and recording the desk’s transactions
• Reviewing the activities of the desk and reconciling its P&L and risk

The skills you'll need
 

We’re looking for someone with at least six months’ experience as a Repo Trader, with basic programming experience and a keen interest in developing your knowledge in different asset classes. 

You’ll also need:

• Experience in rates, bonds, and FX forwards
• An understanding of Repo settlement and credit lines
   

Hours

40

Job Posting Closing Date:

30/08/2024