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Fixed Income Trader

Closing: May 10, 2024

This position has expired

Published: May 4, 2024 (14 days ago)

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Job Summary

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Reporting to the Head of Global Financial Markets, the Fixed Income Trader will be responsible for maintaining the bank’s Held-for-Trading portfolio in Government Securities, generating both long- and short-term trading plans and executing trades daily.


Requirements

• A degree in Business, Finance, Economics, Statistics, Actuarial Sciences, or a related field.

• ACI dealing certificate is an advantage.

• Broad knowledge of banking practices and local banking regulations.

• Broad knowledge of ALCO management.

• Good knowledge of Trade finance and corporate banking functions.

• Ability to market and establish client relationships.

• Good analytical and decision-making skills.

• Ability to manage and motivate staff.

• Ability to work in a matrix organisation.



Job application procedure

If you believe you meet the requirements as noted above, please forward your application with a detailed CV including present position and copies of relevant professional/academic certificates (University Transcript, O & A level), by close of business on Friday 10th May 2024 to the email address indicated below;[email protected]


Responsibilities
Reporting to the Head of Global Financial Markets, the Fixed Income Trader will be responsible for maintaining the bank’s Held-for-Trading portfolio in Government Securities, generating both long- and short-term trading plans and executing trades daily.


Requirements

• A degree in Business, Finance, Economics, Statistics, Actuarial Sciences, or a related field.

• ACI dealing certificate is an advantage.

• Broad knowledge of banking practices and local banking regulations.

• Broad knowledge of ALCO management.

• Good knowledge of Trade finance and corporate banking functions.

• Ability to market and establish client relationships.

• Good analytical and decision-making skills.

• Ability to manage and motivate staff.

• Ability to work in a matrix organisation.



Job application procedure

If you believe you meet the requirements as noted above, please forward your application with a detailed CV including present position and copies of relevant professional/academic certificates (University Transcript, O & A level), by close of business on Friday 10th May 2024 to the email address indicated below;[email protected]


• Implementing Fixed-income sales and marketing strategies, tracking performance against budget on a daily, weekly and monthly basis to realise set fixed-income budgets.

• Execute and capture primary and secondary market trades ensuring completion into the bank’s core system.

• Monitor the banks PV01, Value-at-Risk and Aging limits.

• Analyse market data and risk to form a trading strategy.

• Build and maintain strong relationships with regulators, counterparties and investors.

• Continuously engage various stakeholders to discuss market trends and investment strategies.

• Stay up to date on industry trends including regulatory changes.

• Management of market risk, to mitigate losses resulting from high-risk exposures by operating within approved limits.

• Adherence to the highest standards of ethical and professional behaviour.

• Adherence to the ACI and BoU code of conduct.

• Keep up to date with global macroeconomic and political developments.

• Assemble, disseminate and distribute economic news


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