At a Glance
- Tasks: Maximise revenue returns and manage trading execution for client portfolios in the ASL program.
- Company: Join Deutsche Bank, a leading global bank with a commitment to diversity and inclusion.
- Benefits: Enjoy hybrid working, competitive salary, 30 days holiday, and flexible benefits.
- Other info: Opportunities for training, development, and a culture of continuous learning.
- Why this job: Be part of a dynamic team driving innovative trading strategies in a global market.
- Qualifications: Experience in Securities Lending and Repo Market, strong communication skills required.
The predicted salary is between 60000 - 80000 £ per year.
This job is with Deutsche Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
Position Overview
Agency Securities Lending (ASL) is a portfolio management tool that institutional clients can use to generate an attractive risk-adjusted portfolio return on their fixed income and equity portfolios as well as cash positions. This is a fantastic opportunity for an early to mid-career level trader of AVP level to join the ASL trading team based in London. With an expanding client base and dynamic management driving the business forward, this is a perfect role for someone to continue to assist with that momentum.
You will predominantly trade the Fixed Income book but with a global perspective, utilising EMEA trading hours to maximise opportunities. A key focal point will be the lending of ASL clients European Fixed income government and corporate bonds and the associated cash reinvestment requirements.
What we’ll offer you:
- Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them.
- Competitive salary and non-contributory pension.
- 30 days’ holiday plus bank holidays, with the option to purchase additional days.
- Life Assurance and Private Healthcare for you and your family.
- A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits.
- The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year.
Your key responsibilities:
- Maximise revenue returns for client portfolios in the ASL program.
- Manage the trading execution of ASL Repo and Corporate securities.
- Work with the ASL marketing team to price portfolios and assist with pitch material.
- Provide market commentary / colour to management and ASL marketing team.
- Collaborate with borrowers to establish most effective lending and reinvestment strategy for ASL.
- Adhere to all compliance and relevant restrictions at country/ market/ bank and client level and create a multi-asset (fixed income, equity and cash invest) trading strategy.
- Working alongside the ASL Global Trading Locations and Global Client Franchise.
Your skills and experience:
- Experience of trading in the Securities Lending, Repo Market essential.
- Excellent communication and presentation skills.
- Strong understanding of Microsoft Office suites, including Excel, PowerPoint, and Word.
- Ability to work in a team environment, both virtually/globally and on site.
- Innovative, articulate, and motivated in understanding the commercial opportunities as well as supporting and designing the ASL control framework across our products.
How we’ll support you:
- Training and development to help you excel in your career.
- Flexible working to assist you balance your personal priorities.
- Coaching and support from experts in your team.
- A culture of continuous learning to aid progression.
- A range of flexible benefits that you can tailor to suit your needs.
We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards).
About us
Deutsche Bank is the leading German bank with strong European roots and a global network. Deutsche Bank in the UK is proud to be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers.
If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on adjustmentsconcierge@db.com to discuss.
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment.
Repo Trader employer: Deutsche Bank
Deutsche Bank is an exceptional employer that prioritises employee development and wellbeing, offering a hybrid working model, competitive salary, and extensive benefits including private healthcare and generous holiday allowances. Located in London, the company fosters a culture of inclusivity and continuous learning, providing ample opportunities for career growth while supporting a diverse workforce through initiatives like CSR programmes and volunteering leave.
Contact Details:
Deutsche Bank Recruitment Team
adjustmentsconcierge@db.com
StudySmarter Expert Advice🤫
We think this is how you could land Repo Trader
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like Deutsche Bank. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Repo Trader
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Deutsche Bank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Deutsche Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Deutsche Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Deutsche Bank.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
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✨Network with Industry Professionals
Before your interview, reach out to current or former Deutsche Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
