Junior Trader, European Govt Bond Repo. Global Securities Finance, Amsterdam.
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.
Your roleThe 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.
Your key responsibilities- Trade the European Govt Bond Repo book.
- Trade the daily flow, including hedging strategies, funding and collateral management.
- Align with the credit risk, market risk, balance sheet and regulatory requirements, in Amsterdam.
- Trade with the Financial Markets Global sales teams.
- Work closely with key internal stakeholders to help develop electronic platform trading.
- Co-ordinate and liaise with existing client franchise.
Execute key analyses
- Performs continuing risk analyses
- Analyses potential trading opportunities and structures
- Evaluates financial products
- Examines external trends and market information
- Evaluates regulatory impact and planning for changes.
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.
As a Junior Repo Trader for GSF EGB Repo you will also need:
- Master's degree (finance, commercial engineer, economics, statistics, computer sciences...) or equivalent through experience.
- CFA preferred
- To be fluent in English and understand Dutch
- Experience within Financial Markets is preferred
- Strong IT skillset, python preferred.
- Knowledge of pricing methods / risk analysis
- Knowledge of all Repo trading and rates products is preferred
- To be a team player with good interpersonal and communication skill
- Ability to respond to fast-changing situations.
- Ability to make decisions with a significant financial impact (profit or loss) in stressful situations and under great pressure of time
- Demonstrate alertness and ability to respond quickly to changing market conditions and volatility.
Rewards & benefits
We want to make sure that it's possible for you to strike the right balance between your career and your private life. You can find out more about our employment conditions here.
The benefits of working with us at ING include:
- A salary tailored to your qualities and experience
- 36 or 40 hour workweek
- Individual leave: 24+2 individual holiday days based on 36 hr workweek
- Diversity leave: 3 days per year (1,5 paid, 1,5 unpaid)
- CSR days: up to 2 days per year to actively engage in society by volunteering
- 13th month salary
- 8% Holiday payment
- Individual Savings Contribution (BIS), 3.5% of your gross annual salary
- Mobility card
- Attractive pension scheme
- Hybrid working to blend home working for focus and office working for collaboration and co-creation
Questions?
Contact the recruiter attached to the advertisement for more information. Want to apply directly? Please upload your CV and motivation letter by clicking the "Apply" button.
Please note, multiple interview steps involving various business stakeholders will be part of the selection process.
About us
With 60,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what's possible and at the same time ensure you work with integrity and hold the customer's interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us and apply today!
Het salaris bedraagt €3571 - €5853