Fixed Income Repo Trader Director

Job description

SMBC: A trusted partner for the long term Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn’t perfectly align with the job description. Whilst we’ll always strive to be better, we’re proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves. Who we are United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future. Is the next step in your career at SMBC Group EMEA? We’re looking for a Director for our Global Markets department, Securities Finance Group to join our team. Role Summary Is the next step in your career at SMBC Group EMEA ? We are looking for a Fixed Income Repo Trader - Director to join our global markets team. This is a leadership role provides strategic oversight of Repo and Reverse Repo activity, optimising funding, balance sheet utilisation, and risk management across the platform. You will play a key role in expanding Securities Finance capabilities in EMEA and supporting the establishment of the trading function within Bank EU. Role Essentials Lead and oversee Repo and Reverse Repo execution, ensuring efficient funding and collateral optimisation. Drive revenue growth, balance sheet efficiency, and expansion of the counterparty network across EMEA. Partner closely with Treasury, Fixed Income Trading,Operations and senior stakeholders to deliver strategic financing solutions. Candidate Requirements Front-office experience in securities finance, repo trading, or fixed income financing. Proven leadership capability with the ability to influence senior stakeholders and drive strategic initiatives. Strong commercial acumen, risk awareness, and experience operating within robust governance frameworks. The anticipated salary range for this role is €144,000 - €216,000, with the final offer determined based on the candidate’s skills, experience, role scope, location, and relevant market factors. In addition to base salary, the role may be eligible for a discretionary incentive award and a competitive benefits package, including core benefits such as pension provision. Business Area EMEA Global Markets - SFG Position Description This is a leadership role within the Securities Finance Group, responsible for setting strategy and overseeing execution, optimisation, and risk management of the platform. The Director ensures efficient funding and balance sheet utilisation, leads client pricing and relationship expansion, delivers sophisticated financing solutions across Fixed Income, Treasury, and internal businesses, and plays a key role in expanding SFG’s presence in EMEA and establishing the trading function within Bank EU. Competencies Customer Focus Driving Change Driving Results Embraces Diversity Enterprise Leadership Judgement and Decision Making Risk Management Strategic and Visionary Trust and Integrity What we offer For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks. As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you: Competitive paid leave days Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services Access a wide range of learning and development opportunities and career progression opportunities Ambitious remuneration package So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!