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Repo Trader

Abu Dhabi Commercial Bank
Abu Dhabi Emirate, UAE
Full Time
Senior
1 weeks ago
Repo TradingSecured FinancingCollateral ManagementBalance Sheet OptimizationFinancial AnalysisDerivatives
Free

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Key skills for this role

Repo TradingSecured FinancingCollateral Management
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Overview

  • Embark on a journey where your unique contributions are celebrated, and your professional growth is embraced. At ADCB, we nurture a diverse, inclusive community where every voice is valued.
  • Treasury & Investments Group: Treasury offers a diverse range of conventional and Islamic banking solutions and is responsible for the Group’s funding, investments, and centralized risk management activities.

Key Responsibilities

  • Translate secured funding, secondary market trading and optimisation priorities into daily trading and execution plans by monitoring market conditions, funding requirements and collateral availability to deliver agreed objectives.
  • Execute bilateral and tri party repo and reverse repo transactions across government bonds, emerging market and credit assets including Investment Grade (IG), High Yield (HY) and structured credit, ensuring pricing, execution quality and liquidity outcomes remain aligned to strategy and approved man
  • Manage the repo funding book by actively controlling liquidity positioning, collateral allocation, inventory management and short and long positioning to optimise cost of funds and balance sheet efficiency.
  • Price repo and structured financing trades for internal treasury stakeholders and external counterparties by assessing secured funding curves, collateral characteristics, haircuts and counterparty terms, ensuring transactions are commercially.
  • Design and structure bespoke repo and secured financing solutions including term financing, collateral upgrade and downgrade trades and balance sheet efficient structures such as netting and compression.
  • Develop alternative financing solutions including total return swaps, collateral swaps, repo to maturity and synthetic financing transactions across rates, credit and emerging markets, incorporating derivatives hedging and overlays to manage risk.

Ideal Candidate Experience

  • At least 8 years of experience in Repo Trading, Secured Financing or Structured Financing within an International Bank or leading regional Financial Institution, with exposure to Emerging Market or Gulf Cooperation Council (GCC) markets preferred.
  • Bachelor’s Degree in Finance, Economics, Mathematics, or related discipline.
  • Strong Understanding of Repo Mechanics and Collateral Valuation Including Illiquid Assets.
  • Proven Experience Originating and Executing Bespoke Repo, Total Return Swap and Synthetic Financing Transactions.
  • In Depth Understanding of Balance Sheet Optimisation Including Liquidity Coverage Ratio, Net Stable Funding Ratio, Leverage Ratio and Risk Weighted Assets.
  • Experience Structuring Repo and Total Return Swap Transactions Across the Full Trade Life Cycle.
  • Knowledge of Conventional Funding, Credit and Derivative Markets with Working Knowledge of Islamic Equivalents Desirable.
  • Strong Commercial Judgement with Effective Verbal and Written Communication Skills.
  • Strong Analytical Capability with Experience Using Treasury and

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