Vacancy Title: Fixed Income Trader
Type: FULL TIME
Industry: Banking
Category: Admin & Office

Company: dfcu Bank
Website: [Link]
Deadline: Friday, May 10, 2024
Duty Station: Within Uganda, Kampala, East Africa

Summary:
Date Posted: Wednesday, May 01, 2024
Base Salary: Not Disclosed

JOB DETAILS:
JOB PURPOSE: Reporting to the Head of Global Financial Markets, the Fixed Income Trader will be responsible for maintaining the bank’s Held-for-Trading portfolio in Government Securities, generating both long- and short-term trading plans and executing trades daily.

LOCATION: Kampala

KEY ACCOUNTABILITIES:

• Implementing Fixed-income sales and marketing strategies, tracking performance against budget on a daily, weekly, and monthly basis to realize set fixed-income budgets.
• Execute and capture primary and secondary market trades ensuring completion into the bank’s core system.
• Monitor the banks PV01, Value-at-Risk, and Aging limits.
• Analyze market data and risk to form a trading strategy.
• Build and maintain strong relationships with regulators, counterparties, and investors.
• Continuously engage various stakeholders to discuss market trends and investment strategies.
• Stay up to date on industry trends including regulatory changes.
• Management of market risk, to mitigate losses resulting from high-risk exposures by operating within approved limits.
• Adherence to the highest standards of ethical and professional behavior.
• Adherence to the ACI and BoU code of conduct.
• Keep up to date with global macroeconomic and political developments.
• Assemble, disseminate, and distribute economic news

QUALIFICATIONS, SKILLS, AND EXPERIENCE REQUIRED:

• A degree in Business, Finance, Economics, Statistics, Actuarial Sciences, or a related field.
• ACI dealing certificate is an advantage.
• Broad knowledge of banking practices and local banking regulations.
• Broad knowledge of ALCO management.
• Good knowledge of Trade finance and corporate banking functions.
• Ability to market and establish client relationships.
• Good analytical and decision-making skills.
• Ability to manage and motivate staff.
• Ability to work in a matrix organization.

Job Experience: No Requirements
Work Hours: 8

Level of Education: Bachelor Degree

Job Application Procedure:
If you believe you meet the requirements as noted above, please forward your application with a detailed CV including present position and copies of relevant professional/academic certificates (University Transcript, O & A level), by close of business on Friday 10th May 2024 to the email address indicated below:
Vacanciesbank@dfcugroup.com
dfcu Bank is committed to giving equal opportunities in employment and aims to ensure that it does not discriminate against gender or race. Only short-listed candidates will be contacted through +256 312 300391.

Disclaimer: dfcu Bank does not solicit/accept payment in cash/kind from prospective candidates in exchange for shortlisting or job placement. Any candidate who engages in this kind of transaction is aiding and abetting fraud and will be automatically disqualified.