Fixed Income Dealer/Trader
ROLE DESCRIPTION
Job Title |
Fixed Income Dealer/Trader |
Job Grade |
Associate |
Business Location |
Lagos, Nigeria |
Full/Part Time |
Full Time |
Reporting Line |
Head, Research and Strategy |
Language requirements |
English |
Required No. of Candidates for the Role |
1 |
Job Purpose
Cordros Securities Limited is looking for an experienced Fixed Income Dealer/Trader to join our team, specializing in trades that generate consistent income. In this role, you'll work with bonds and other debt instruments, analyze market trends, execute trades, and contribute to strategies prioritizing income generation.
You'll be a crucial part of our trading team, collaborating closely with portfolio managers and ensuring that our trading activities align with our overall goals and risk parameters.
Responsibilities
- Execute Trades: Make trades in various fixed income securities (like government and corporate bonds), always keeping an eye on generating stable income for our clients and the firm.
- Market Watching: Keep your finger on the pulse of the market. Analyse trends, interest rates, and economic news to find the best opportunities for income-focused trades.
- Support Portfolio Strategy: Work alongside portfolio managers to make sure our trading activities line up with broader income strategies. You'll help shape how we approach income generation from the ground up
- Risk Management: Carefully assess the risks associated with each trade. You'll need to find the right balance between maximizing income and managing risk, ensuring we stick to our firm's risk guidelines
- Build Relationships: Cultivate strong connections with brokers, dealers, and market contacts to get the best trade execution and pricing.
- Track Performance: Monitor how trades are performing, keeping a close eye on yields, income generation, and overall results. You'll provide regular updates to the team on how things are going.
- Stay Compliant: Ensure all trading activities meet industry regulations and internal policies, helping us maintain a strong reputation and a clean record
- Innovate: Bring new ideas to the table. We value fresh approaches to trading strategies that can boost our income potential while staying ahead of market changes.
Job Requirements
Education
- A bachelor’s degree in finance, economics, or a related field.
- Advanced qualifications like a CFA or ACI dealing certificate is a plus.
Work Experience
- Ideally, you have 3-5 years of experience in fixed income trading or a similar role, with a track record of income-focused success.
Key Knowledge and Skills
Knowledge
The incumbent must have proficiency knowledge in the following areas:
- Deep knowledge of fixed income securities and what drives the markets.
Skills
The incumbent must demonstrate the following skills:
- Proficient with trading platforms and financial tools like Bloomberg.
- Sharp analytical skills-you love diving into the numbers.
- Strong communication skills to explain complex ideas clearly and build relationships.
- Attention to detail, especially under pressure, to make sound, quick decisions.
Behavioral Attributes
- Adaptable, flexible, and able to thrive on challenges whilst handling a multitude of tasks and responsibilities.
- Self-motivated with drive, energy and initiative.
- Integrity, honesty and total commitment to the requirement to maintain client confidentiality.
- A team player, who is willing and able to assist the team in meeting and exceeding its objectives.
Working Relationships
Internal
Traders, Investment Management Team, Sales Team, and other departments. Business Heads and Head of departments of the Cordros Group.
External
Clients.
Work Cycle
Hours/Days the incumbent is required to work
• Monday – Friday (8:00 am – 5:00 pm)
• Flexible working schedule is also available i.e. remote work
Physical Requirements
None Moderate Extensive
Lifting Required X
Computer use X
Apply for this job
*
indicates a required field