Job Title Fixed Income Trader
Responsibilities
● Manage daily trading to ensure timely execution of the orders and confirming that they are in compliance with regulatory policies
● Maintain and update inventory records of fixed-income securities.
● Identify and leverage opportunities by developing innovative trading ideas and making entry into new markets.
● Develop a trading strategy that responds to trends in the current market
● Develop and monitor assessments on portfolio risk by collaborating with analysts and portfolio managers
● Keep up to date on and monitor market trends, economic news and conditions in order to keep their clients informed about the direction of their investments.
● Must be knowledgeable of the banking industry and be aware of trends and other issues that could impact the investment portfolio or bank’s funding strategies.
● Should have an in-depth knowledge of financial markets and be able to ascertain the value of one product when compared to other options.
● Maintain an in-depth understanding of all fixed income investment products that are deemed suitable for financial institutions.
● Build and maintain relationships with municipal dealers, fixed income salespeople and downstream bank clients. Assist senior trader in sourcing product for the sales team.
● Have daily discussions with fixed income dealers, salespeople and division customers regarding economy, fixed income strategies and the general banking environment.
● Provide research and fixed income ideas to salespeople on a daily basis as they work with their customers.
● Create accounting spreadsheets for quarterly bank reporting.
● Provide excellent customer service for both internal and external customers.
Experience
● Minimum of a First Degree in Finance, Accounting, Management or any related field
● Two to four years’ experience in Banking, Finance, Treasury Management Sales and/or Service environment
● Should possess understanding of bond markets, the economy and interest rate correlations
● Must be able to evaluate securities and discern value in the market
Send CVs to [email protected]