Junior Dealer

Role and Responsibilities

Trade Execution & Management 

• Execute buy and sell orders for fixed income securities, including money market securities, government bonds, corporate debt and other structured products.
• Analyze market conditions, provide market feedback in a structured and timely manner   and execute trades based on fund manager requisitions, focusing on best execution.
• Ensure timely and accurate trade settlements on internal and external platforms and monitor trades for compliance with risk management and regulatory compliance protocols.
• Monitor and manage the firm’s broker transactions and broker empanelment process and ensure best execution and compliance with internal guidelines.

Market Analysis & Strategy Development 

• Monitor fixed income markets and economic indicators to identify market trends and support portfolio decisions.
• Collaborate with research teams and portfolio managers to form market views and trading strategies, ensuring they align with the firm’s risk and return objectives.
• Provide market insights and analysis to portfolio managers and senior management regarding fixed income markets and related macroeconomic developments.
• Maintain market related databases in a structured manner daily to support decision making. Maintain and enhance relationships with market participants including intermediaries to ensure timely and seamless flow of market information and market trends to the investment team.
• Monitor industry trends and exposures to support portfolio decisions.

Risk & Compliance Management

• Adhere to regulatory and compliance requirements in trading activities, ensuring full documentation and reporting of all trades.
• Responsible for best execution and fair allocation of trades based on internal and regulatory norms as applicable.
• Strong Understanding of and strict compliance with regulatory code of conduct and financial market practices and other compliance protocols.
• Monitor margining and other requirements with respect to all trading and settlement platforms and coordinate with portfolio managers and Backoffice.  

Reporting & Documentation:

• Prepare daily, weekly, and monthly reports on trading activity and market trends.
• Proactive market trend analysis and written reports and engagement with the wider team.
• Maintain accurate records of trade execution and positions for audit and compliance purposes.

Skills & Competencies

• 1 to 3 years of experience in fixed income trading, dealer, or related roles in a financial institution (bank, asset manager, sell side etc.).
• Strong understanding of various fixed income instruments, including government bonds, corporate debt, municipal securities, and structured products.
• Familiarity with trading platforms and market data tools (e.g., Bloomberg, Reuters, etc.).
• Strong quantitative and analytical skills and understanding of macro-economic trends.
• Ability to interpret financial models and market data.

Additional preferred skill sets

• Understanding and familiarity with utilising excel tools and database software to better analyse and present market data.
• Understanding of technical analysis.

Personal Attributes

• Strong attention to detail and accuracy.
• Ability to manage multiple tasks and prioritize effectively.
• Proactive and self-motivated, with the ability to work independently and as part of a team.
• A team player who prioritises team goals alongside personal growth.
• Strong work ethic, with the ability to thrive in a high-pressure, results-driven environment.

Qualification & Experience

• Min MBA (Finance) or CA or Graduate with CFA charter.
• Not more than 1-3 years’ experience in the fixed income markets.