Fixed Income Trader

Fixed Income Trader

Industry: Banking / Financial Services

Location: Philippines

About the Role

An established financial institution is seeking an experienced Fixed Income Trader to manage and trade fixed income flows while delivering high-quality service to corporate clients and financial institutions.

The role is responsible for supporting trading profitability, providing competitive market pricing, monitoring interest rate movements, and ensuring compliance with internal risk limits and applicable regulatory requirements.

Key Responsibilities

Fixed Income Trading and Market Execution

• Manage and execute fixed income transactions and trading flows in line with business objectives and approved risk parameters.
• Provide fixed income rates and derivatives pricing to qualified external clients and internal business units.
• Drive trading profitability while ensuring adherence to internal risk limits and controls.
• Establish and maintain strong relationships with existing and prospective counterparties.

Market Analysis and Business Development

• Monitor and analyse interest rate movements using technical and fundamental analysis.
• Prepare market reviews and commentaries covering interest rates, yield curves, and relevant market developments.
• Keep management and relevant internal stakeholders informed of developments in fixed income markets and applicable regulations.
• Work closely with Relationship Managers to provide financial markets product expertise and support product promotion.
• Identify opportunities to develop and enhance financial markets products based on client requirements and regulatory considerations.

Trade Operations, Controls and Reporting

• Accurately capture and process transactions using relevant treasury and trading systems.
• Maintain and update operational manuals and standard operating procedures for financial markets activities.
• Ensure timely completion of daily, monthly, and quarterly internal and external reports.
• Monitor compliance with approved trading limits, internal policies, and regulatory requirements.
• Support internal training and knowledge-sharing initiatives as required.
• Undertake other responsibilities and assignments related to the financial markets function.

Qualifications and Experience

• Bachelor's degree in Finance, Business, Economics, or any related discipline.
• At least 5 years of experience in Treasury, Fixed Income, or trading-related functions.
• Must have completed the Treasury Certification Program.
• Must have passed the Certification Examination for Fixed Income Salesmen (CEFIMS).
• Familiarity with financial market information and trading platforms such as Bloomberg and Reuters.
• Good understanding of fixed income instruments, interest rate movements, and financial markets.
• Strong analytical skills and commercial awareness.
• Ability to manage trading activities within established risk parameters.
• Strong communication and stakeholder management skills.

Key Competencies

• Fixed income trading and market execution
• Interest rate and yield curve analysis
• Treasury products and financial markets knowledge
• Risk management and regulatory compliance
• Market pricing and profitability management
• Counterparty relationship management
• Accuracy, discipline, and sound decision-making