Fixed Income Trader
The purpose of this role is to grow interest income, Fixed income transactions from the bank’s book and contribute to the growth of the bank’s balance sheet.
Responsibilities
- Assist in developing and maintaining trading blotters and reports.
- Keeping the unit’s business partners informed on the prevailing interest rates from time to time.
- Investing the bank’s surplus funds through Overnight deals, Repos, T/bills, and T/bonds.
- Funding the bank’s book during periods of cash crunch through interbank overnight transactions, Repos, T/bills and T/bonds transactions.
- Trading in government securities
- Effectively manage revaluation of the fixed income book
- To implement the Fixed income plan covering all treasury products and customer segments.
- Ensure compliance with internal and statutory requirements.
- To perform any other duty as assigned in line with the organization’s goals and objectives.
Qualifications
- University degree- Upper second-class Honors or 3.0 GPA.
- Relevant professional qualification – ACI dealing certification an added advantage.
- 2 years’ experience in Fixed Income Trading
