Location: Lagos, Nigeria
Type: Permanent vacancy
Compensation: Salary + Bonus
Job DescriptionAn opportunity exists to join a growing top tier investment bank lookingto recruit a talented and driven fixed income trader to lead the fixed income trading desk. The ideal candidate will have a proven track record in the trading and management of fixed income instruments (bonds and treasury bills), liquidity management and profit generation in the Treasury unit of a bank and on the two way market buy/sell side transactions. ResponsibilitiesThe Trader will be primarily responsible for· trading fixed income products· managing proprietary and clients’ accounts portfolios in the fixed income markets· providing market information to the firm’s Investment Committee· ensuring the positioning of all funds within the right investment parameters and guidelines· implementing sector allocation and security selection strategies · ensuring all fixed income portfolios are managed effectively and in a consistent and risk-controlled manner.· establishing and maintaining relationships with other traders in the market, clients as well as prospective clients· overall responsibility for the management and leadership of the fixed income trading deskSkills· Must have strong fixed income skills, with experience in trading both bonds and treasury bills· Ability to sell fixed income products to institutional clients in Nigeria (Asset Managers / Pension Fund Administrators / Insurance Companies / Banks)· Generate profitable trade ideas both for the proprietary book and client portfolios · Have a portable institutional client base· Highly computer literate, with advanced spreadsheet-based skills· Ability to work with great accuracy under pressure· Strong communication skills and an effective team player· Familiarity with quantitative techniques would be a benefit.· A strong drive and entrepreneurial skill· Must demonstrate ability to think outside the box and act independentlyQualifications· Minimum of Second Class Upper Degree from a reputable university· A Post graduation or professional qualification such as MBA/MSc, CFA, CIS, ACA, ACCA or other relevant professional qualifications will be an added advantage· Minimum of 3 - 4 years of experience on a Fixed Income Trading Desk of a reputable financial institution