Fixed Income Trader

Job Description

Responsibilities:

General fixed income dealing, including spot bonds (ZAR government), credit (local ZAR and hard currency), interest rate swaps and FRAS, bond options and other associated derivatives
Also competent in money market and FX dealing (spot, fomards, swaps and derivatives)
Actively contribute to the fixed income investment process and assist in on-going strength/improvement
Monitoring market activity and advise on timing of execution with regard to short term dynamics and liquidity (relay market intelligence internally to team and clients)
Monitoring of counterparty exposures and other dealing desk tasks
Maintain good counterparty relationships
Interaction with Banking Dealing Desks
Participation in Morning Meeting
Adhering to the in-house Code of Ethics which forms part Of employment contract, and which includes the following key policies
Management of Conflicts of Interest, Treating Clients Fairly, Confidentiality of Client and Business
Information, Handling Of Inside Information. Personal
Account Dealing, Disclosure of Outside Interests, Provision or receipt of Gifts, Entertainment, Events or other benefits
Being alert to possible and actual breaches of procedures and regulators rules and reporting them to the line manager and Compliance, and where applicable to Operational Risk
Being alert to possible and actual complaints from investors / clients and reporting them to line manager and Compliance timeously via
Maintaining client confidentiality, and ensuring that client data is protected, encrypted, transported securely and is stored away each evening and if sensitive information, that it is locked away.
Ensuring keeping up to date on procedures and best practice relevant to job responsibilities, to avoid operational losses / Operational Risk events from crystallizing
Ensuring that procedures are kept up-to-date and any gaps or concerns are notified to the line manager, as well as Compliance and Operational Risk
Ensuring that all changes in business practice are taken through the appropriate business forums and notified to Compliance and Operational and Investment Risk before they commence (for example new products, new business areas, new client type, new investment types or markets, etc.) to ensure any necessary due diligence can be performed in advance. Ensuring that any suspicion that a client, investor, or employee may be involved in money laundering or fraud or other crime are reported to Compliance

Requirements:

Related Qualifications
Minimum 3 years of fixed income trading experience
Must be able to work full-time in office