Associate Repo Trader

London, ENG, GB, United Kingdom

Job Description

About this role:





Wells Fargo is seeking an Associate Repo Trader in the Financial Resource Management (FRM) team, working under the direction of senior managers in London.



As a critical member to the team, this role focuses on the Repo and secured funding needs for Wells Fargo's UK broker dealer, US Bank and other legal entities.



The candidate will be expected to:execute repo transactions with external counterparts be able to maintain customer relationships and participate in GMRA and GMSLA negotiations have a strong understanding of repo and other secured funding tools understand the interconnectivity of repo with other financial products, key drivers for using repo and how to maximize asset/liability efficiency be familiar with FX spot and swap execution be aware of regulatory themes related to repo (SFTR, CSDR and others)

In this role, you will:

Manage and execute repo transactions to provide funding and short covering for WFSIL and other legal entities / or lines of business that require local access to markets and local expertise Work closely with CIB Multi-Currency Funding and Treasurers on executing liquidity strategies Work with structuring team on bespoke client funding solutions As a subject matter expert work with support teams and provide guidance on all repo-related activities.

Business Support:

Work with other business lines (Trading, Sales, Strategy) to provide market colour and pricing advice as required Assist WFSIL, WFS LLC and WFBNA businesses to optimize funding/collateral management requirements

Required Qualifications:

Experience in Securities Trading, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Bachelor's degree or higher, master's degree preferred Capital markets experience, with a focus on all funding mechanisms used in EMEA and APAC Relevant FCA and PRA Certification will be required to perform this role. The successful candidate will be expected to pass relevant exams within a short time frame of being hired.

Desired Qualifications:

Technical skills in repo systems; CCPs, third-party vendor solutions Previous unsecured and secured funding experience Strong financial modelling and analytical skills with great attention to detail, accuracy and an appetite towards change management Strong interpersonal skills with ability to work with a demanding team in a pressured environment Microsoft Office; particularly strong Excel, VBA, Python

Job Expectations:





In addition to the responsibilities summarised in your job description, you are also required to comply at all times with FCA/PRA Conduct rules:



You must act with integrity. You must act with due skill, care and diligence. You must be open and cooperative with the FCA, the PRA and other regulators. You must pay due regard to the interests of customers and treat them fairly. You must observe proper standards of market conduct



Posting End Date:




5 Aug 2025

*Job posting may come down early due to volume of applicants.






We Value Equal Opportunity





Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.



Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.



Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.



Applicants with Disabilities





To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .



Drug and Alcohol Policy





Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.



Wells Fargo Recruitment and Hiring Requirements:





a. Third-Party recordings are prohibited unless authorized by Wells Fargo.



b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

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Job Detail

  • Job Id
    JD3409851
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    London, ENG, GB, United Kingdom
  • Education
    Not mentioned