Senior Fixed Income Trader

Description

Job Purpose:

Primary role is to trade fixed income within clearly defined risk limits to generate revenue from both flow and proprietary positioning

Principal Accountabilities:



Manage a trading portfolio, long/short book as defined in the Investment Policy. This will include but not limited to: Government, Corporate and Financial Institutions securities, both senior and subordinated;

 

Identify trading opportunities through conducting thorough market research and make informed decisions based on market conditions and risk assessments;

 

Trade fixed income short term or long term, depending upon trading style and/or market conditions;

 

Monitor Market liquidity and Adjust trading strategies accordingly to optimize trade execution;

 

Use hedging mechanism to minimize position risk such as UST Futures and IRS when necessary;

 

Review positions and collaborate with risk management teams to ensure compliance with regulatory requirements as well as internal risk limits;

 

Develop a strong network of key relationship banks;

 

Provide investment sales/investment advisory with pricing and sourcing of bonds for customers;

 

Use repo to maximize returns and support ALM desk in this area when required;

 

Support Trading Desk in daily activity when required on other asset classes and also provide these prices to sales desks when relevant and required;

 

Liaise with legal and risk to ensure that all documentation are correct and up to date, valid and enforceable;

 

Work with Head of Product to ensure that all fixed income products can be managed through STP in treasury management system;

 

Provide required training in fixed income for dealing room, RM’s, support functions and corporate customers;

 

Oversee Investment portfolio in absence of Head of Fixed income under guidance of GM-Treasury.

Requirements

Education and Experience:

Graduate in Commerce, Economics, Finance Management 

Masters/MBA preferred

10 Years’ experience in Treasury & Finance field with at least 3 years in an active Dealing Room of a Bank with direct responsibility for trading Fixed Income

Knowledge of wide range of treasury products – particularly FX and interest rates, with a Fixed income, MM, repo, Futures and IRS’s essential