• Application Deadline: Wed, 25 May 2022 00:00:00 GMT
• Position: Fixed Income Trader


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 2 - 4 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Responsibilities

• Manage daily trading to ensure timely execution of the orders and confirming that they are in compliance with regulatory policies


• Maintain and update inventory records of fixed-income securities.


• Identify and leverage opportunities by developing innovative trading ideas and making entry into new markets.


• Develop a trading strategy that responds to trends in the current market


• Develop and monitor assessments on portfolio risk by collaborating with analysts and portfolio managers


• Keep up to date on and monitor market trends, economic news and conditions in order to keep their clients informed about the direction of their investments.


• Must be knowledgeable of the banking industry and be aware of trends and other issues that could impact the investment portfolio or bank’s funding strategies.


• Should have an in-depth knowledge of financial markets and be able to ascertain the value of one product when compared to other options.


• Maintain an in-depth understanding of all fixed income investment products that are deemed suitable for financial institutions.


• Build and maintain relationships with municipal dealers, fixed income salespeople and downstream bank clients. Assist senior trader in sourcing product for the sales team.


• Have daily discussions with fixed income dealers, salespeople and division customers regarding economy, fixed income strategies and the general banking environment.


• Provide research and fixed income ideas to salespeople on a daily basis as they work with their customers.


• Create accounting spreadsheets for quarterly bank reporting.


• Provide excellent customer service for both internal and external customers.

Requirement

• Minimum of a First Degree in Finance, Accounting, Management or any related field


• 2 - 4 years’ experience in Banking, Finance, Treasury Management Sales and/or Service environment


• Should possess understanding of bond markets, the economy and interest rate correlations


• Must be able to evaluate securities and discern value in the market


• Excellent verbal and written communication skills


• Specific knowledge of certain fixed income instruments such as bonds or corporate bonds.


• Great understanding of future movements of prices caused by shifting trends of supply and demand


• Great understanding of trading analytics and data analysis


• Excellent critical/strategic thinking and problem resolution skills


• Strong business/financial acumen


• Proficient computer skills; Microsoft Word, Excel and Outlook. Technical expertise is preferred