EMEA Financing Trader
Wellington Management · London, United Kingdom · 8d ago
About Us
Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.
About the Role
We are seeking to hire a Financing Trader to focus on financing markets , with particular emphasis on government bonds and credit repo. The Trader will execute and manage financing activity across our global investment platform, working closely with portfolio managers and our trading teams in Boston, London and Hong Kong.
While execution is a core responsibility, there is significant opportunity and expectation to add value to client portfolios. The successful candidate will develop a deep understanding of repo pricing, collateral dynamics, dealer balance-sheet capacity and market structure , using this knowledge to improve financing outcomes and identify investment opportunities.
Wellington Management’s Trading Department employs over 60 traders globally, including more than 20 Macro Traders focused on Global Rates, FX, Commodities, Emerging Market Debt and Repo. Our investment and trading activities are conducted on an industry-leading internally developed technology platform, which we believe creates a meaningful competitive advantage. We are also supported by an in-house team of managers and quantitative and business analysts, who oversee the “business” of the department and provide in-depth, action-oriented insights into our trading capabilities and activities.
Essential Skills:
Superior financing and execution skills – The Trader will execute repo, reverse repo and other secured financing transactions consistent with our best execution and risk-management practices. The successful candidate will understand financing curves, general collateral and specials, collateral scarcity, term funding and dealer balance sheet dynamics , and use this knowledge to optimize portfolio financing and identify investment opportunities.
Superior collaboration skills – The Trader will build strong relationships externally with dealers and other financing-market participants and internally with portfolio managers, analysts and traders. The successful candidate will proactively source financing capacity and collateral, identify specials and communicate actionable market intelligence across the investment platform.
Risk-management mindset – The Trader will understand and actively manage the liquidity, collateral, counterparty, settlement and operational risks associated with financing markets. They will work closely with internal partners to ensure financing activity is scalable, resilient and appropriately controlled.
Growth and technology mindset – The successful candidate will have a strong interest in the evolution of electronic repo trading, central clearing, collateral optimisation and automation , and will use technology and data to improve execution quality, efficiency and investment outcomes.
Qualifications
Minimum 2 years' relevant repo or secured financing trading/sales G10 markets.
Strong understanding of trading experience , preferably focused on repo/reverse repo, GC and specials, financing curves, term structures and collateral mechanics.
Experience across government bonds, agencies, supranationals and/or credit financing would be additive.
Strong analytical skills and understanding of the interaction between Pro cash securities and financing markets.
Pro-technology mindset; experience with Python, SQL or other analytical tools would be additive.
Strong communication skills and ability to build trusted relationships with both investment teams and counterparties.
Self starter with the ability to identify opportunities to improve financing processes and investment outcomes.
Impeccable integrity, fiduciary mindset and strong attention to risk, controls and operational precision.
Location
The role will be based in Wellington’s London office, Cardinal Place, 80 Victoria Street, London, SW1E 5JL.
Not sure you meet 100% of our qualifications? That’s ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.
As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at GMWTalentOperations@wellington.com.
We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.