SBI Mutual Fund - Junior Dealer

Role and Responsibilities

- Trade Execution & Management:

- Execute buy and sell orders for fixed income securities, including money market securities, government bonds, corporate debt and other structured products.

- Analyze market conditions, provide market feedback in a structured and timely manner and execute trades based on fund manager requisitions, focusing on best execution.

- Ensure timely and accurate trade settlements on internal and external platforms and monitor trades for compliance with risk management and regulatory compliance protocols.

- Monitor and manage the firm's broker transactions and broker empanelment process and ensure best execution and compliance with internal guidelines.

- Market Analysis & Strategy Development:

- Monitor fixed income markets and economic indicators to identify market trends and support portfolio decisions.

- Collaborate with research teams and portfolio managers to form market views and trading strategies, ensuring they align with the firm's risk and return objectives.

- Provide market insights and analysis to portfolio managers and senior management regarding fixed income markets and related macroeconomic developments.

- Maintain market related databases in a structured manner daily to support decision making.

- Maintain and enhance relationships with market participants including intermediaries to ensure timely and seamless flow of market information and market trends to the investment team.

- Monitor industry trends and exposures to support portfolio decisions.

- Risk & Compliance Management:

- Adhere to regulatory and compliance requirements in trading activities, ensuring full documentation and reporting of all trades.

- Responsible for best execution and fair allocation of trades based on internal and regulatory norms as applicable.

- Strong Understanding of and strict compliance with regulatory code of conduct and financial market practices and other compliance protocols.

- Monitor margining and other requirements with respect to all trading and settlement platforms and coordinate with portfolio managers and Backoffice.

Reporting & Documentation:

- Prepare daily, weekly, and monthly reports on trading activity and market trends. o Proactive market trend analysis and written reports and engagement with the wider team.

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Maintain accurate records of trade execution and positions for audit and compliance purposes.

Skills & Competencies:

- 1 to 3 years of experience in fixed income trading, dealer, or related roles in a financial institution (bank, asset manager, sell side etc.).

- Strong understanding of various fixed income instruments, including government bonds, corporate debt, municipal securities, and structured products.

- Familiarity with trading platforms and market data tools (e.g., Bloomberg, Reuters, etc.).

- Strong quantitative and analytical skills and understanding of macro-economic trends.

- Ability to interpret financial models and market data. Additional preferred skill sets o Understanding and familiarity with utilising excel tools and database software to better analyse and present market data.

- Understanding of technical analysis.

Personal Attributes:

- Strong attention to detail and accuracy.

- Ability to manage multiple tasks and prioritize effectively.

- Proactive and self-motivated, with the ability to work independently and as part of a team.

- A team player who prioritises team goals alongside personal growth.

- Strong work ethic, with the ability to thrive in a high-pressure, results-driven environment.

Qualification & Experience:

- Min MBA (Finance) or CA or Graduate with CFA charter.

- Not more than 1-3 years' experience in the fixed income markets.