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 experienced trader to join the ASL trading team 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, utilizing Europe, Middle East & Africa (EMEA) trading hours to maximize 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, with the primary responsibility of trading with our London counterparties.
You will demonstrate existing experience of Equity lending, with scope to assist on that aspect of the book. You will also be expected to work on various short-term projects for the trading desk and the wider associated group, such as client presentations, prospective client estimates, business analysis or counterparty communications.
What we'll offer you
A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That's why we are committed to providing an environment with your development and wellbeing at its centre.
We understand that employee expectations and preferences are changing. We have implemented a Hybrid Working Model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them.
You can expect:
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
Maximising revenue returns for client portfolios in the ASL program, creating a multi-asset (fixed income, equity and cash invest) trading strategy
Working with the ASL marketing team to price portfolios and assist with pitch material
Providing market commentary to management and the ASL marketing team
Working with borrowers to establish most effective lending and reinvestment strategy for ASL
Adhering to all compliance and relevant restrictions at country/ market/ bank and client level, alongside working with Product teams to support on non-financial risk items and change the bank initiatives
Working with Triparty providers and vendors to ensure we maintain our collateral profiles and keep them up to date from a client guideline and risk perspective
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 - Excel, PowerPoint, and Word
Ability to work in a team environment, both virtually/globally and on site
Innovative, articulate, and motivated
How we'll support you
Training and development to help you excel in your career.
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 and our teams
Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see who we are and more.
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.