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Repo Trader Jobs in California (NOW HIRING)

Associate, Short Term Trader

Newport Beach, CA ยท On-site

$17 - $22.50/hr

Understanding of collateral/repo trading, with potential to manage aspects of daily trading of US Treasury and Credit/Structured Product Funding Book an added consideration. * Initial ...

Associate, Short Term Trader

Newport Beach, CA ยท On-site

$17 - $22.50/hr

Understanding of collateral/repo trading, with potential to manage aspects of daily trading of US Treasury and Credit/Structured Product Funding Book an added consideration. * Initial ...

Wildcard

Torrance, CA

$131K - $180K/yr

A product polymath who turns messy data into dashboards that pilots, traders, and warfighters swear ... How to throw your hat in Send us one artifact that proves you're the outlier we need-code repo ...

Wildcard

Torrance, CA ยท On-site

... global trade and securing grids to defending nations, are guided not by uncertainty, but by ... How to throw your hat in Send us one artifact that proves you're the outlier we need-code repo ...

Software Engineer - Backend

San Francisco, CA ยท On-site

$175K - $215K/yr

... code reviews, repo-level planning tools, and dashboard interfaces. You'll work alongside AI ... Product Mindset : Thoughtful about trade-offs, user experience, and fast iteration * Team ...

Senior Technical Recruiter

Palo Alto, CA ยท On-site

$150K - $180K/yr

... trade-offs with senior candidates. * High Talent Bar: Strong judgment in evaluating engineering ... Experience integrating modern AI sourcing tools, code-repo analytics, or automated candidate ...

Perform first-principles sizing, trade studies, and rapid iteration * Build, test, break, and ... Send us the thing you built - a repo, a demo, a photo of the board, a video of it working. If you ...

Perform first-principles sizing, trade studies, and rapid iteration * Build, test, break, and ... Send us the thing you built -- a repo, a demo, a photo of the board, a video of it working. If you ...

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Repo Trader information

See California salary details

$12

$19

$30

How much do repo trader jobs pay per hour?

As of Aug 2, 2026, the average hourly pay for repo trader in California is $19.25, according to ZipRecruiter salary data. Most workers in this role earn between $16.15 and $19.90 per hour, depending on experience, location, and employer.

What is a Repo Trader?

A Repo Trader is a financial professional who specializes in repurchase agreements, commonly known as 'repos.' In these transactions, one party sells securities to another with a commitment to repurchase them at a later date, usually at a higher price. Repo Traders facilitate these agreements to help institutions manage liquidity, optimize short-term funding, and earn returns from the spread between borrowing and lending rates. They play a crucial role in the smooth functioning of money markets and often work for banks, hedge funds, or investment firms.

What are the key skills and qualifications needed to thrive as a Repo Trader, and why are they important?

To thrive as a Repo Trader, a strong background in finance, economics, and quantitative analysis, often supported by a relevant degree, is essential. Familiarity with trading platforms, risk management systems, and certifications such as CFA or FINRA Series 7 is typically required. Excellent analytical thinking, attention to detail, and effective communication skills help traders navigate fast-paced markets and negotiate with counterparties. These competencies are critical for managing risk, ensuring regulatory compliance, and optimizing profitability in the dynamic repo market.

How does a Repo Trader typically collaborate with other teams within a financial institution?

Repo Traders frequently work in close collaboration with other desks such as fixed income trading, treasury, and risk management. They coordinate with the treasury team to ensure optimal use of the firm's liquidity and with risk management to monitor counterparty exposures and compliance with regulatory limits. Effective communication with operations and settlements teams is also crucial to ensure that trades are executed and settled smoothly. This cross-functional teamwork helps Repo Traders manage funding needs efficiently and respond quickly to market developments.

What is the difference between Repo Trader vs Securities Trader?

AspectRepo TraderSecurities Trader
Required CredentialsTypically a finance or economics degree; certifications like CFA are commonSimilar educational background; CFA often preferred
Work EnvironmentWork primarily in trading desks within banks or financial institutions, focusing on short-term lending and borrowingWork in trading floors or desks, dealing with buying and selling securities like stocks and bonds
Industry UsageCommon in banking, asset management, and hedge funds involved in short-term fundingWidely used across investment banks, asset managers, and hedge funds for securities trading

While both roles involve financial markets, Repo Traders focus on short-term lending via repurchase agreements, whereas Securities Traders deal with buying and selling securities. Understanding these differences helps in choosing the right career path within finance.

What are the most commonly searched types of Repo Trader jobs in California? The most popular types of Repo Trader jobs in California are:
What job categories do people searching Repo Trader jobs in California look for? The top searched job categories for Repo Trader jobs in California are:
Infographic showing various Repo Trader job openings in California as of July 2026, with employment types broken down into 87% Full Time, 7% Part Time, and 6% Contract. Highlights an 81% Physical, 7% Hybrid, and 12% Remote job distribution, with an average salary of $40,036 per year, or $19.2 per hour.

Associate, Short Term Trader

PIMCO

Newport Beach, CA โ€ข On-site

$17 - $22.50/hr

Full-time

Re-posted 13 days ago


Job description

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients' capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world's largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.
Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.
PIMCO is currently searching for a Trader focused on short-duration credit, structured product, and traditional liquidity management asset classes. This individual will work with and report to the Head of PIMCO's short term desk and likely be based in our Newport Beach, California Head Office.
RESPONSIBILITIES
  • Strong trading and/or portfolio management background, broadly including corporate bonds, US and non-US Agency/Supranational securities, and asset-backed securities. Understanding of short-term risk markets, operational fundamentals, and theoretical portfolio construction capabilities as well as a solid macroeconomic foundation are essential.
  • Understanding of collateral/repo trading, with potential to manage aspects of daily trading of US Treasury and Credit/Structured Product Funding Book an added consideration.
  • Initial responsibilities will be focused on managing daily trading of liquidity/short-dated assets for portfolios, but will evolve to support portfolio construction and product development.
  • Assist with cash management and short-duration mandate optimization efforts, as well as a global cash optimization efficiency.
  • Generate alpha-adding ideas in real time across multiple products.
POSITION REQUIREMENTS
  • Bachelor's degree required; advanced degree is a significant advantage.
  • Strong academic credentials and a track record of achievement.
  • 2-4 years of relevant work experience.
  • In-depth knowledge of fixed income products, particularly liquidity products and short-dated credit opportunities.
  • Proven ability to generate innovative ideas and strategies to enhance portfolio returns while mitigating risk.
  • Extensive experience with both operational processes and execution.
  • Demonstrated ability to serve as a liaison between different teams.
  • Experience from either the sell-side, buy-side, or both is preferred.
  • Strong analytical and quantitative skills, with the ability to identify interconnected market opportunities and devise strategies to capitalize on them.
  • Solid understanding of macroeconomics and the factors influencing economic trends.
  • Collaborative approach to working across the organization.
  • Exceptional communication skills, both within the organization and with external stakeholders.
  • Ambitious, competitive, and possesses a strong work ethic.
  • Balances strong convictions with a low-ego approach.
  • Maintains composure and objectivity during periods of market volatility, whether optimistic or pessimistic.
  • Upholds the highest standards of ethics and integrity.
PIMCO follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance.
Salary Range: $ 135,000.00 - $ 150,000.00
Equal Employment Opportunity and Affirmative Action Statement
PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.
Applicants with Disabilities
PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.