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Repo Trading Jobs (NOW HIRING)

PIMCO

Associate, Short Term Trader

Newport Beach, CA · 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 ...

Whitecap

Analyst, Trading Assistant

New York, NY · On-site

$115K/yr

Support daily operations of ABS desk which entails investment allocations, compliance monitoring, security setups, post trade reporting, and having frequent trading and repo desk communication ...

PIMCO

Associate, Short Term Trader

Newport Beach, CA · 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 ...

Northbound Search

Operations Analyst

Manhattan, NY

$65K - $80K/yr

Confirm both cash and repo trades with counterparties * Provide support to accounting/management for financial reporting * Assist with the development of system and process enhancements and ...

Credit Agricole CIB

$140K - $175K/yr

... Repo Indexing ("GRI") supports the GRI business line in the U ... S, working closely with the Trading desks. The role holder has a dual reporting to the GMD Business ...

HSBC

Index Trader

Manhattan, NY · On-site

Generate revenue across index, forward trading and ETF products, contributing to desk strategy and optimization ideas * Manage risk across a global indices/ETFs book (including delta, dividends, repo ...

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Repo Trading information

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$14

$36

$50

How much do repo trading jobs pay per hour?

As of Jun 29, 2026, the average hourly pay for repo trading in the United States is $36.54, according to ZipRecruiter salary data. Most workers in this role earn between $22.36 and $46.15 per hour, depending on experience, location, and employer.

What is the difference between Repo Trading vs Equity Trading?

AspectRepo TradingEquity Trading
Primary FocusFacilitating short-term borrowing/lending using repurchase agreementsBuying and selling stocks to generate profit
Required CredentialsFinance or Economics degree, possibly CFAFinance, Economics degree, CFA often preferred
Work EnvironmentTrading desks, financial institutions, banksStock exchanges, trading floors, investment firms
Industry UsageBanking, fixed income marketsEquity markets, investment firms

Repo Trading involves short-term lending using repurchase agreements, primarily in fixed income markets, while Equity Trading focuses on buying and selling stocks. Both roles require finance-related credentials and are based in trading environments, but they serve different market segments and investment strategies.

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, you need a solid understanding of fixed income markets, financial instruments, and quantitative analysis, often supported by a degree in finance, economics, or a related field. Familiarity with trading platforms (such as Bloomberg or Tradeweb), risk management systems, and relevant regulatory certifications are typically required. Strong analytical thinking, attention to detail, and effective communication skills help set top performers apart in this role. These skills and qualities are essential for managing risk, executing trades efficiently, and maintaining client relationships in a dynamic market environment.

How much do repo traders make?

Repo traders typically earn a base salary ranging from $70,000 to $150,000 annually, with additional bonuses that can significantly increase total compensation depending on performance and experience. Experienced traders working in large financial institutions may earn well over $200,000 per year, especially when including bonuses and incentives. Skills in market analysis, risk management, and familiarity with trading platforms are important for success in this role.

What does a repo trader do?

A repo trader manages repurchase agreement transactions, buying and selling securities with short-term financing to facilitate liquidity and funding needs. They analyze market conditions, execute trades using trading platforms, and monitor collateral and interest rates to optimize profits and manage risk.

Does repo trading pay well?

Repo trading can be a lucrative career, with salaries often reflecting experience, location, and performance. Entry-level positions typically offer lower pay, while experienced traders or those in senior roles can earn significant bonuses and compensation packages. Success in repo trading also depends on strong analytical skills and understanding of financial markets.

What is repo trading?

Repo trading refers to the buying and selling of repurchase agreements (repos), which are short-term loans where one party sells securities to another with an agreement to repurchase them at a later date, usually at a slightly higher price. This process allows institutions to secure short-term funding or invest excess cash efficiently. Repo trading is fundamental to the functioning of money markets, as it provides liquidity and facilitates the smooth operation of financial systems. It is commonly used by banks, investment firms, and other financial institutions to manage their cash and securities portfolios.

What jobs pay $2000 a day?

In repo trading, highly experienced traders or senior professionals can earn $2000 or more per day through large transaction volumes, commissions, or performance bonuses. Such roles typically require advanced financial knowledge, strong analytical skills, and often involve managing significant risk in a fast-paced trading environment.

What are some of the main challenges faced by professionals working in repo trading, and how can new hires prepare for them?

Repo trading professionals often face challenges such as managing liquidity risk, staying updated on rapidly changing market conditions, and ensuring compliance with complex regulatory requirements. New hires can prepare by developing strong analytical skills, gaining familiarity with financial regulations, and staying current with market news. Building good communication and teamwork skills is also essential, as repo traders frequently collaborate with sales, risk, and operations teams to execute trades efficiently and manage exposures.
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Repo Trading jobs near you

Repo Collateral Management- Vice President

Sumitomo Mitsui Financial Group, Inc.

White Plains, NY • On-site

$118K - $170K/yr

Full-time

Posted 8 days ago

Job description

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.
In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization's extensive global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.
The anticipated salary range for this role is between $118,000.00 and $170,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.
Role Description
The Repo Collateral Management - Vice President leads the firm's collateral management function for repurchase agreements, driving strategic initiatives while ensuring regulatory compliance. The VP oversees the team managing daily collateral operations, risk controls, and technology enhancements, partnering closely with Trading, Risk, Treasury, and Legal to support the firm's financing and liquidity objectives.
Role Objectives
Collateral Operations Oversight
• Oversee daily collateral margin calls, substitutions, and settlement for bilateral, tri-party and Sponsored Repo.
• Lead and help develop the Repo Collateral Management Team, setting goals, priorities and performance standards.
• Drive strategic initiatives to enhance collateral optimization, funding efficiency, and operational resilience.
• Collaborate with senior stakeholders across Treasury, Trading, Risk, Legal, and Technology to align collateral strategies with firm-wide objectives.
• Ensure robust controls and timely resolution of breaks, discrepancies, and settlement issues.
• Escalate discrepancies appropriately to the relevant internal and/or external parties.
• Assist in ad-hoc requests related to management and investigations of operational issues.
• Assist in monitoring process gaps and make recommendations on technological changes.
• Participation in projects & planning related to industry initiatives and operational efficiencies
• Experience managing cross-functional projects and driving change.
• Risk Management & Regulatory Compliance
• Ensure collateral management practices comply with regulatory requirements (e.g., SFTR, Basel III/IV, SEC rules).
• Oversee risk relating to collateral concentration, haircuts, margin requirements, and counterparty exposure.
Stakeholder Engagement & Communication
• Act as a liaison with external counterparties, custodians, clearing banks, and regulators.
• Communicate collateral risks and performance to senior management.
• Support new product launches and business initiatives requiring collateral expertise.
• Partner with Technology and Operations teams to enhance collateral management system capabilities.
Role Objectives
Stakeholder Engagement & Communication
• Act as a liaison with external counterparties, custodians, clearing banks, and regulators.
• Communicate collateral risks and performance to senior management.
• Support new product launches and business initiatives requiring collateral expertise.
• Partner with Technology and Operations teams to enhance collateral management system capabilities.
Technical Expertise
• Deep knowledge of repo markets, collateral types, financing structures, and tri-party platforms.
• Extensive experience with collateral management systems, clearing platforms, and regulatory frameworks.
• Strong understanding of margining, haircuts, eligibility rules, and settlement processes.
Communication & Interpersonal Skills
• Excellent verbal and communication skills, capable of influencing senior stakeholders.
• Ability to manage complex relationships with internal and external partners.
• Comfortable working in a fast-paced, dynamic environment.
• Excellent analytical skills with an eye for detail and exceptional time management skills.
• Adept at working and effectively collaborating with clients, operations, and technology teams.
• Strong problem-solving skills to deal with complexity and respond quickly to uncertainty.
• Advanced working knowledge of Microsoft Excel
Qualifications and Skills
  • 8+ years in repo collateral management or related financing roles, with leadership experience.
  • Bachelor's degree: Finance, Economics, Business, or related field; advanced degree preferred.
  • Experience in large financial institutions, investment banks, or asset managers.
  • Global collateral management experience.
  • Knowledge of securities lending and financing desks.
  • Familiarity with emerging regulations and market trends affecting collateral management.

SMBC's employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.
SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.

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