Vacancy title:
Fixed Income Trader
Jobs at:
dfcu BankDeadline of this Job:
Friday, May 10 2024
Summary
Date Posted: Wednesday, May 01 2024, Base Salary: Not Disclosed
JOB DETAILS:
JOB PURPOSE: Reporting to the Head of Global Financial Markets, the Fixed Income Trader will be responsible for maintaining the bank’s Held-for-Trading portfolio in Government Securities, generating both long- and short-term trading plans and executing trades daily.
LOCATION: Kampala
KEY ACCOUNTABILITIES:
• Implementing Fixed-income sales and marketing strategies, tracking performance against budget on a daily, weekly and monthly basis to realise set fixed-income budgets.
• Execute and capture primary and secondary market trades ensuring completion into the bank’s core system.
• Monitor the banks PV01, Value-at-Risk and Aging limits.
• Analyse market data and risk to form a trading strategy.
• Build and maintain strong relationships with regulators, counterparties and investors.
• Continuously engage various stakeholders to discuss market trends and investment strategies.
• Stay up to date on industry trends including regulatory changes.
• Management of market risk, to mitigate losses resulting from high-risk exposures by operating within approved limits.
• Adherence to the highest standards of ethical and professional behaviour.
• Adherence to the ACI and BoU code of conduct.
• Keep up to date with global macroeconomic and political developments.
• Assemble, disseminate and distribute economic news
QUALIFICATIONS, SKILLS, AND EXPERIENCE REQUIRED:
• A degree in Business, Finance, Economics, Statistics, Actuarial Sciences, or a related field.
• ACI dealing certificate is an advantage.
• Broad knowledge of banking practices and local banking regulations.
• Broad knowledge of ALCO management.
• Good knowledge of Trade finance and corporate banking functions.
• Ability to market and establish client relationships.
• Good analytical and decision-making skills.
• Ability to manage and motivate staff.
• Ability to work in a matrix organisation.
Job Experience: No Requirements
Work Hours: 8
Experience in Months:
Level of Education: Bachelor Degree
Job application procedure
If you believe you meet the requirements as noted above, please forward your application with a detailed CV including present position and copies of relevant professional/academic certificates (University Transcript, O & A level), by close of business on Friday 10th May 2024 to the email address indicated below;
Vacanciesbank@dfcugroup.com
dfcu Bank is committed to give equal opportunities in employment and aims to ensure that it does not discriminate against gender or race. Only short-listed candidates will be contacted through +256 312 300391.
Disclaimer: dfcu Bank does not solicit/accept payment in cash/kind from prospective candidates in exchange for shortlisting or job placement. Any candidate who engages in this kind of transaction is aiding and abetting fraud and will be automatically disqualified.
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