Desk Head, Fixed Income Repo, Global Securities

Your work environment

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 in our market leader and challenger markets, with an additional presence in all the major international markets and specialist expertise in selected emerging markets and products.

Your role

You will be responsible for the management and trading of the GSF Desk in Singapore for Global Securities Finance (GSF). You will join the existing team of 4 traders locally. You will drive the strategy and vision of the desk, working closely with regional and functional management and other stakeholders in the value chain. You will grow and build upon the strong and existing product.

Your key responsibilities
- Manage and Lead, the GSF Trading desk in Singapore
- Trade the daily flow, including hedging strategies, and collateral management
- Manage the credit risk, market risk, balance sheet and regulatory requirements, in Singapore
- Co-ordinate coverage of the existing client franchise with the FM Global Sales teams and FI relationship managers
- Work closely with key internal stakeholders to develop electronic platform trading
- Grow the client franchise and product range

Oversee the preparation of key analyses
- Perform continuing risk analyses
- Analyse potential trading opportunities and structures
- Evaluate financial products
- Examine external trends and market information
- Evaluate regulatory impact and plan for changes

Who we are looking for?

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 the head trader for GSF you will also need:

- Master’s degree (commercial engineer, econometry, statistics, computer sciences ) or equivalent through experience
- CFA preferred
- To be fluent in English
- A minimum of 10 years of experience in Financial Markets
- Strong understanding of short-term cash markets, regulatory liquidity rules and calculations, liquidity management
- Strong knowledge of balance sheet management
- Strong knowledge of Short-Term Interest Rate products and their derivatives, including pricing methods / risk analysis and management
- Minimum of 10 years trading Interest Rate and Interest Rate Derivative products including macro and yield curve trading strategies
- Strong knowledge of all Repo trading products
- Knowledge of Repo trading systems / platforms
- To be a team leader with good interpersonal and communication skills
- Ability to respond to fast-changing situations
- Ability to make decisions with a significant financial impact (profit or loss) under stressful situations and time pressure
- Demonstrate alertness and ability to respond quickly to changing market conditions and volatility

We offer you

A clear purpose and a unique offer:

- a dynamic international working environment with innovative colleagues supporting your endeavours (dealing room based in Singapore)
- a progressive and agile way of working, where new ideas are valued ahead of convention

Furthermore, within FM, you can count on a range of opportunities to invest in your personal and professional growth with:

- the possibility to participate in courses and training programs
- challenging projects with quants and colleagues from sales and trading
- the possibility to grow in the trading and FM organization