Manager - Trading - Debt Capital Markets

About the Company:

- One of India's leading domestic investment banks, began its operations in August 1986 and is a wholly owned subsidiary and investment banking arm of the largest commercial bank in India.

- The company offers a comprehensive range of investment banking and corporate advisory services.

- These services include Project Advisory and Structured Financing, Capital Markets, Mergers & Acquisitions, Private Equity, ESG Advisory, Startup Advisory, and Stressed Assets Resolution.

- As a complete solutions provider in investment banking and corporate advisory, it offers advice, innovative ideas, and unparalleled execution across all stages of the business cycle.

- This includes project advisory, buy and sell-side advisory, accessing financial markets to raise both debt and equity capital, and lenders-led restructuring advisory.

- The company is a global leader in Project Advisory, providing crucial support to the Indian infrastructure sector.

- In September 2023, the company was certified with ISO 9001:2015 - Quality Management System across all its core functional processes by BSI. Headquartered in Mumbai, it has 7 regional offices in India (Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, and New Delhi) and one overseas office in ADGM, Abu Dhabi, along with 2 wholly owned subsidiaries.

Job Description:

- Buying and selling debt securities such as government and corporate bonds, ensuring best execution practices to achieve optimal prices and minimize transaction costs.

- Providing liquidity by quoting buy and sell prices, maintaining a consistent presence in the market, and managing an inventory of bonds to facilitate trades.

- Monitoring and managing market, credit, and interest rate risks associated with the trading portfolio.

- Implementing hedging strategies using financial derivatives to mitigate potential losses.

- Conducting thorough analysis of market trends, economic indicators, and relevant news to inform trading decisions. Collaborating with research analysts to stay updated on macroeconomic conditions and sector performance.

- Building and maintaining relationships with institutional clients such as asset managers and pension funds.

- Offering market insights, trade ideas, and executing orders to meet client investment needs.

- Assisting the origination team with the pricing, distribution, and allocation of new bond issues.

- Participating in book-building activities and roadshows to promote new securities.

- Ensuring all trading activities comply with regulatory requirements and internal policies.

- Maintaining accurate records of transactions and reporting any irregularities or market anomalies.

- Utilizing advanced trading platforms and financial software to execute trades, analyze market data, and manage portfolios efficiently.

- Staying updated with advancements in trading technology.

- Collaborating with operations and back-office teams to ensure smooth trade settlement processes and resolve any discrepancies that may arise.

Key Requirements:

- Education: CA/MBA ( Core Finance & Marketing) from reputed B-schools

- Approx 4 years + of relevant Work Experience

- Comprehensive knowledge of fixed-income securities, including bonds, yield curves, and risk metrics like duration and convexity.

- Understanding of market dynamics, liquidity, and pricing, along with macroeconomic indicators and their impact on bond markets.

- Proficiency in regulatory compliance, risk management, and hedging strategies is essential.

- Technical skills in using trading platforms and data analysis tools, coupled with effective communication and client relationship management, are crucial.

- Staying informed about market-moving news and events, and developing strategic, innovative trading approaches, completes their domain expertise

- Knowledge and experience in all debt market products - Bonds/NCDs, Credit enhanced bonds, Structured Finance, Foreign Currency Bonds

- Strong analytical skills, strategic thinking, ethical conduct,

- Effective communication and client relationship management,