We are looking for an experienced Fixed Income / Money Market Dealer to support the execution of money market and fixed-income transactions for mutual fund portfolios.

The ideal candidate should have hands-on experience dealing in short-term debt instruments, strong knowledge of Indian fixed-income markets, and a thorough understanding of liquidity management, interest rate movements, and regulatory requirements.

The position involves working closely with Fixed Income Fund Managers, Research Analysts, Risk Management, and Investment Operations teams to ensure efficient trade execution and portfolio liquidity.

Key Responsibilities:

1. Money Market & Fixed Income Dealing:

- Execute trades in Commercial Papers (CP), Certificates of Deposit (CD), Treasury Bills (T-Bills), Government Securities (G-Secs), State Development Loans (SDLs), TREPS, Repo, and other fixed-income instruments.

- Execute primary and secondary market transactions in accordance with fund manager instructions and investment mandates.

- Source competitive quotes from banks, primary dealers, brokers, and other market participants.

- Ensure efficient trade execution, competitive pricing, and timely settlement.

2. Market Monitoring & Analysis:

- Monitor money market rates, yield curves, credit spreads, and liquidity conditions.

- Track RBI monetary policy announcements, interest rate developments, and macroeconomic indicators.

- Analyze short-term interest rate movements and market opportunities.

- Provide market updates, trading insights, and execution recommendations to Fixed Income Fund Managers.

3. Portfolio Liquidity & Cash Management:

- Coordinate with Fund Managers to manage liquidity requirements across liquid, overnight, money market, and short-duration funds.

- Monitor portfolio maturities, cash flows, subscriptions, and redemptions.

- Assist in optimizing deployment of short-term surplus funds.

- Support liquidity planning and efficient portfolio execution.

4. Trade Execution & Settlement:

- Coordinate with middle-office and back-office teams for timely trade confirmation and settlement.

- Ensure accuracy of trade booking, documentation, and transaction records.

- Work with counterparties and custodians to resolve settlement discrepancies.

- Maintain proper trade records and dealing reports.

5. Risk Management & Regulatory Compliance:

- Ensure all trades comply with SEBI regulations, applicable RBI guidelines, internal investment policies, and portfolio limits.

- Monitor counterparty exposure, credit limits, and instrument-level restrictions.

- Follow internal dealing procedures, trade authorization controls, and compliance requirements.

- Coordinate with Risk and Compliance teams to maintain adherence to investment guidelines.

Required Skills & Experience:

- 3 - 7+ years of relevant experience in fixed-income or money market dealing.

- Preferably experience with an Asset Management Company (AMC), Mutual Fund, Primary Dealer, Bank Treasury, or Fixed Income Trading Desk.

- Strong hands-on knowledge of CP, CD, T-Bills, G-Secs, SDLs, TREPS, and Repo markets.

- Experience in primary and secondary market trade execution.

- Understanding of yield calculations, interest rate risk, duration, liquidity, and credit spreads.

- Familiarity with CCIL, NDS-OM, TREPS, and relevant trading and settlement platforms.

- Strong relationships with market counterparties, including banks, brokers, and primary dealers.

- Excellent analytical, numerical, communication, and negotiation skills.

- Proficiency in Microsoft Excel and fixed-income market data platforms.

Educational Qualifications:

- MBA / PGDM in Finance

- Chartered Accountant (CA)

- CFA or equivalent finance qualification

- Relevant NISM certification, as applicable, will be preferred.

Preferred Candidate Profile:

- Currently working as a Money Market Dealer, Fixed Income Dealer, Debt Dealer, Treasury Dealer, or Fixed Income Trader.

- Hands-on dealing exposure within an AMC or mutual fund environment.

- Strong understanding of Indian debt markets and mutual fund investment operations.

- Experience executing trades for liquid, overnight, money market, ultra-short-duration, or short-duration portfolios.

- Ability to work in a fast-paced trading environment with strong attention to accuracy, compliance, and execution quality.