Repo Trader

at  TreasurySpring

TreasurySpring is the product of an obsession with fixing the fundamental structural problems in money markets. Our fascination with the sector began painfully, during the Global Financial Crisis of 2008, where we had a front-row seat to watch the evaporation of liquidity in fixed income and the near collapse of the entire short-dated funding markets.
We have been on a mission to help deliver more sustainable solutions for the money markets ever since, and we launched TreasurySpring in 2018 to offer institutional clients a single gateway to the broadest range of the best risk-adjusted cash investment options. As a fast-growing London-based financial technology company, we deliver a unique solution to a global multi-trillion-dollar problem.
Our regulated Fixed-Term Fund platform delivers new digital pipelines to connect cash-rich firms to institutional borrowers. Clients include large Private Equity funds, Asset Managers, listed Corporates, high-growth tech companies and many more.
Learn more about why we do what we do here.
The role: Repo Trader
Due to continued growth in the business we now have an opening in the (financial) product team. We are looking for someone with experience in capital markets, strong commercial acumen and a strong understanding of money markets/repo and more broadly fixed income would be well-placed as the role is senior in nature with scope to develop and take true ownership.
You will be tasked with helping manage our existing range of FTFs supporting and developing the team across multiple verticals and currencies. The right person will want to develop new ideas and initiatives, working with our partners to create innovative and tailored solutions that help solve real-world problems. Also high on the list of skills is experience in treasury/ALM, with experience of dealing with regulatory developments leading to product design to assist our banking partners. Lastly, experience of running FX strategies to include forwards would be ideal as we are also expanding within foreign exchange.

What we’re looking for: Requirements

• Capital Markets experience within a Fixed Income / rates division with a trading or book runner role
• Detailed understanding of Money Markets, Repo and Treasury Function
• Regulatory and economic knowledge, mainly around impact of regulations or policies changing bank/market behaviour
• Proven background in new product incubation or development – particularly taking a new product to market OR implementing new trading strategies
• An understanding of end to end delivery of Money Market and Repo products in a financial organisation. This should include an understanding of risk management (Credit, Market and Operational), Operational process (including instruction / settlements) and some knowledge of finance concepts (balance sheet construction etc)
• Exposure and use of FX trading / strategies including forwards is a must.
• Market infrastructure knowledge, especially Central Clearing Counterparts is advantageous. A good understanding of TriParty agents, collateral (including margin management) would be a near must.

What you’ll do: Responsibilities

• Daily pricing of products in multiple currencies across Govt, Financial and Corporate issuers
• Execution of trades on behalf of clients and packaging into Fixed Term Funds
• Ad-hoc problem resolution, settlement and pricing queries
• Design, source and implement new products, mainly from sell side firms
• Build and develop relationships with sell side firms, being a primary Point of Contact
• Represent firm at various events and seminars
• Assist our sales team with client pitches and knowledge transfer
• Junior team leadership / mentoring

• Daily pricing of products in multiple currencies across Govt, Financial and Corporate issuers
• Execution of trades on behalf of clients and packaging into Fixed Term Funds
• Ad-hoc problem resolution, settlement and pricing queries
• Design, source and implement new products, mainly from sell side firms
• Build and develop relationships with sell side firms, being a primary Point of Contact
• Represent firm at various events and seminars
• Assist our sales team with client pitches and knowledge transfer
• Junior team leadership / mentorin