Trader - Fixed Income - Bank

Trader - Fixed Income & Money Markets

We are looking for a Fixed Income Trader for a Bank for Delhi location. The Job Specifications are as follows :

- Responsible for Interest Rate trading and book running - Bonds, OIS, Currency swaps, etc.

This involves :

- Proprietary Trading in Interest Rate products - INR Bonds, OIS

- Design Trading strategies & trading models using quantitative (technical) and qualitative (fundamental) parameters

- Pricing and execution of Currency swaps including book running Modified Mifor

- Providing competitive quotes to Treasury Sales team for client covering of OIS, IRS and CCS trades.

- Can act as back-up of FX-Trading Desk

- Providing competitive quotes to Treasury Sales team for client FX requirements

- Managing foreign currency nostro balances

- Maintenance of AGL, IGL, and NOOPL of the bank

- Co-ordination with Treasury Sales team/RMs to meet overall profit target of the bank

- Knowledge, adherence and compliance to all RBI regulations regarding Trading activities

Other responsibilities:

- To act as back-up of money market desk

- Relationship management with banks and brokers

- Preparation of daily position and PL reports.

- Any other regulatory reporting or as required by the management and Head Office, from time to time.

Requirements :

Education: Minimum degree in Finance, Business or Economics and MBA preferred.

- 10-15 years' experience at Interest Rates Trading Desk of a bank / NBFC / MF / AMCs.

Skills:

- Proven track record in trading and profit generating

- Strong interest in number crunching & passion for trading

- Strong communication skills

- Ability to generate ideas and drive development of new business

- In depth knowledge of treasury's products and applications

- Ability to work with all levels of senior management

- Possess the ability to mobilize internal networks and resources

- A natural team player with a passion for excellence