Types of Jobs - Corporate & Investment Banking

Job title

Trader GRI

Contract type

Permanent Contract

Job summary

This position will be under the Employee Referral Program in Hong Kong.

Summary

The Global Repo & indexing (“GRI”) team is a principal trading activity dedicated to providing markets in secured funding products for CACIB’s clients.

GRI trades under repo, security lending or derivatives format on fixed income and equity underlyings

The trading team is globally composed of 40+ strong split across US, Europe & Asia.

It is composed of 4 product lines

Rates: Government bonds underlying

Credit & EM: Corporate bonds underlyings

Equity: Equity underlyings

Solution: Cross-asset underlyings and secured format

We rely on the different capital market salesforce to distribute our products. GRI is running its financing activity through general and local books with traders in NY, London, Paris, HK and Tokyo.

This particular role will work across 2 fixed income activities: Credit & EM as well as Solution.

Key Responsibilities

Senior Trader role:

- Perform trading of repo products and alternative formats within authorised trading limits, i.e. the repo risk parameters and designated currency and product limits.
- Provide pricing on Credit repo & Solution for a varied customer base via the sales team.
- Perform transactions execution accurately and in accordance with established risk management, operational procedures and risk parameters.
- Formulate trading ideas based on analysing the latest market data.
- Actively involved in upgrading “the toolbox” of the desk notably through GRI IT resources.




- Actively Involved in product development to answer clients global and local needs
- Report activity and results

1. Communication

Key Internal Contacts

GRI Trading team, GMD Sales force, Middle-office, PnL production team (MAM), structuring team, other trading teams

Key External Contacts

Brokers, interdealers, clients and regulators

2. Systems Used – mainly

External: Bloomberg

3. Legal and Regulatory Responsibilities

- Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the Hong Kong Compliance manual and Compliance policies and procedures as issued from time to time; Financial Security requirements, including, but not limited to, the prevention of Financial Crime and Fraud including reporting obligations to the Money Laundering Reporting Officer.
- Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.
- Refrain from taking any steps which could lead to the removal of certification of fitness and propriety to perform the role.
- Undertake all necessary steps to satisfy the annual certification process.
- Comply with all applicable conduct rules as prescribed by the relevant regulator




- Comply with GMD requirements with regards to dealing room conduct

Supplementary Information

ROLE REQUIREMENTS

- Master/ Bachelor’s degree holders, with strong academic background inFinancial Engineering, Mathematics, Statistics, Finance and Economics
- 3-5 years minimum experience
- Given the structured nature of the two activities, strong analytical skills and quantitative skills is a must. Prior experience in capital markets non-flow products will be an advantage
- Strong communication and problem-solving skills with ability to provide solutions
- Self-motivated and hardworking with a strong sense of commitment and responsibility
- Proficiency in Microsoft Excel (VBA/Python is a must), Word, PowerPoint and other PC applications

Supplementary Information
In accordance with the Mandatory Reference Checking (MRC) Scheme implemented by the Hong Kong Monetary Authority (HKMA), a successful candidate for an In-Scope Position who has held a position with an In-Scope Institution in the past 7 years will be subject to a mandatory reference check. For more details, please refer to Mandatory Reference Checking Scheme Phase 2 | The Hong Kong Association of Banks .
Personal data provided by job applicants will be used strictly in accordance with the employer’s personal data policies, a copy of which will be provided immediately upon request.
La version française est disponible sur demande à votre RH locale

Geographical area

Asia, Hong Kong

City

HONG KONG

Bachelor Degree / BSc Degree or equivalent

Degree in a q

📌 *Trader GRI (Asia)
🏢 Crédit Agricole
📍 Asia