Associate / Vice President - Equity Financing Trader
Mufg Securities Emea Plc, City of Westminster
Associate / Vice President - Equity Financing Trader
Salary not available. View on company website.
Mufg Securities Emea Plc, City of Westminster
- Full time
- Permanent
- Onsite working
Posted today, 18 Oct | Get your application in now to be one of the first to apply.
Closing date: Closing date not specified
job Ref: e5de6795580747dda49e46450b03aa4e
Full Job Description
- Trading role with a main focus supporting the primary trader in Equity Financing
- Daily pricing and execution of trades versus SBL/REPO including Triparty agents.
- Maximizing use of resources including key liquidity metrics NSFR, LCR, leverage and balance sheet.
- Working closely with the Equities Derivatives team for their sourcing and funding needs
- Underlying coverage including European, North American and Japanese securities
- Support the team in sales and on-boarding process, strong interbank, agent lender and buy side relationships
- Good cultural fit essential as working in a small trading team with a broad mandate trading a global book so candidate needs to be proactive, resilient, collegiate and good at engaging with all key stakeholders around the bank such as Management, OPS, Risk, and Finance
- Technically proficient with a good understanding of the technical aspects of Securities Lending (including repo), balance sheet management, collateral management including pertinent regulatory, operational and tax considerations, Trading equity borrow/loan, equity REPO and collateral trading.
- Generating collateral or utilizing firm collateral via REPO/SBL/TRS in multiple currencies
- Build and maintain client trading relationships
- Support and collaborate on Equity financing strategies with Equity Derivatives
- Efficient risk management of all lifecycle events in TRS and SBL
- Oversee operational elements of the book, liaising closely with middle and back office to resolve any issues and implement process and platform enhancements
- Liaise closely with support functions (Compliance/Finance/Risk) on position reporting and analysis
Essential: - 4yr+ experience trading SBL/Triparty and resource management core expertise in Equity Financing
- Working knowledge of TRS and resource management (Capital, Balance Sheet, Unsecured Funding)
- Current working knowledge of latest industry initiatives impacting equity derivatives and SBL (e.g. MIFID II, IBOR decommissioning, CSDR) Preferred:
- Trading experience in Equity TRS or TRF and listed/OTC Futures., Proficiency in all aspects of trading SBL and Collateral Swaps from execution though all lifecycle events
- Direct exposure to Agent Lenders, Broker/Dealer and Real Money accounts
- Entrepreneurial problem-solving mindset, able to self-generate flows
- Technical proficiency in use of trading platforms e.g. Bbg/Apex Preferred
- Proficiency in equity financing strategies
- Proficiency in all aspect of TRS pricing, executing and life cycle events
- Proficiency in other listed or OTC derivative financing strategies
- Working knowledge of regulatory metrics including LCR, NSFR etc. Education / Qualifications: Essential
- Regulatory (FCA) Certification
- Further professional qualifications (Masters/CFA/CQF) an advantage PERSONAL REQUIREMENTS
- Excellent interpersonal and communication skills, collegiate attitude
- Self-motivated and entrepreneurial outlook
- Strong decision making skills with a structured and logical approach to work
- The ability to operate with urgency, manage large workloads, tight deadlines, and prioritise accordingly
- Strong numerical and problem solving skills
- Excellent attention to detail and accuracy, results driven with a strong sense of accountability
- Excellent Microsoft Office skills We are open to considering flexible working requests in line with organisational requirements.
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career. Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.