Senior Fixed Income Trader

Job 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.