Repo Trader
Millennium Management · Tokyo, Japan · 25d ago
About Millennium
Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation and focus, Millennium’s mission is to deliver results for our investors.
Our people are empowered with both independence and support: the autonomy to pursue ideas with conviction and the backing of a global network committed to collaboration, disciplined risk management and continuous learning. With opportunities to deepen expertise and accelerate development, talent at Millennium is equipped to adapt, evolve and build lasting impact over time. Discover how transformative growth accelerates impact.
Role Overview
We are seeking a Repo Trader to join our Asia team in Tokyo. The role will support the day-to-day management of repo and fixed income financing activities across APAC markets, in close partnership with portfolio managers, traders, and operations teams.
The successful candidate will demonstrate a strong team-oriented mindset, a proactive approach to technology and workflow enhancement, and a genuine passion for developing expertise in repo markets, collateral management, and fixed income financing.
Key Responsibilities
Support the execution, monitoring, and booking of repo and related financing transactions across APAC markets.
Monitor financing levels, collateral allocation, counterparty usage, and market developments relevant to repo and fixed income financing activities.
Work closely with internal stakeholders, including portfolio managers, traders, risk, middle office, operations, and settlements, recognizing the respective responsibilities of each function and fostering effective day-to-day collaboration across the platform
Contribute to the analysis of market conditions, financing trends, and collateral dynamics across regional fixed income markets.
Ensure activities are conducted in accordance with internal risk standards, controls, and applicable regulatory requirements.
Support projects aimed at enhancing desk efficiency, controls, reporting, and workflow processes through the use of technology and automation tools.
Qualifications and Experience
Approximately 5-10 years of experience in repo, fixed income, rates, treasury, financing, or a related markets function preferred.
Good understanding of fixed income products, financing markets, and collateral management concepts.
Technologically proficient, comfortable leveraging AI-enabled tools and coding assistants, with a proactive interest in new technology trends would be advantageous.
Strong communication and interpersonal skills, with the ability to work effectively in a collaborative, team-oriented environment.
Demonstrated ability to operate in a fast-paced markets environment and manage competing priorities effectively.
Bachelor’s degree or equivalent in Finance, Economics, Mathematics, Engineering, or a related discipline preferred.
Knowledge of APAC repo markets and local market practices would be beneficial.
Candidate Profile
The ideal candidate will be:
A collaborative and reliable team player, with the flexibility and commitment to work closely with stakeholders across Asia, London, and New York.
Sharp, detail-oriented, and precise, with strong judgment and a high standard of execution
Comfortable engaging with systems, data, and new technologies, with an openness to using them to enhance processes and efficiency