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 des


Skills

  • 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 independently


Qualifications
  • 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