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