Designation - Senior Fixed Income Dealer

Qualification - Postgraduate with Industry Track Record

Reporting To - Chief Investment Officer

ROLE SUMMARY:

We are seeking a Senior Buy-Side Fixed Income Dealer with deep, hands-on active dealing and execution experience to manage liquidity and execution across Overnight, Money Market, Low Duration, and allied short-term debt strategies.

The role demands market leadership at the short end, superior rate judgment, and the ability to execute large, flow-driven portfolios under varying liquidity conditions while ensuring best execution, capital safety, and strict regulatory compliance.

KEY RESPONSIBILITIES:

Fund Coverage & Mandates

The role will support execution and liquidity management for the following strategies (as applicable):

- Overnight Funds

- Money Market Funds

- Liquid Funds

- Low Duration Funds

- Ultra Short Duration Funds

- Short Duration / Cash Management Strategies

- Any other SEBI-defined short-term debt mandates as introduced from time to time

- Closely work with fund management team for optimizing the fund and provide portfolio analytics to the operations team.

Dealing and Market Execution (Core):

- Reporting to the CIO, the ideal candidate will lead active dealing and execution in money market and short-term debt instruments including; TREPS, Call/Notice Money, Market Repo, RBI Repo, T-Bills, CPs, CDs, short-dated G-Secs.

- Manage daily liquidity deployment, roll-overs, and reinvestment decisions across funds.

- Deliver best execution through superior rate discovery, counterparty selection, and trade structuring.

- Handle large inflows/outflows, NFO ramp-ups, and volatile liquidity conditions (month-end, quarter-end, year-end).

- Act as the primary execution interface between portfolio managers and the market.

Liquidity, Risk & Rate Management:

- Actively track money market rates (WACR, TREPS, repo curve) and anticipate liquidity inflection points;

- Support PMs in maintaining duration bands, liquidity buffers, and stress readiness;

- Monitor and manage counterparty exposure, issuer concentration, and regulatory limits;

- Provide forward-looking market colour to aid portfolio construction and cash positioning.

Systems, Settlement & Control:

- Execute trades via NDS-OM, CCIL, Clearcorp / TREPS platforms, and approved dealing systems.

- Ensure accurate trade booking, confirmation, settlement, and allocation;

- Maintain strong dealing room discipline, documentation, and audit trails.

Governance, Compliance & Operations:

- Ensure full compliance with SEBI Mutual Fund Regulations, RBI guidelines, and internal investment policies.

- Uphold Chinese wall and information barrier standards.

- Support internal/external audits, inspections, and regulatory reviews.

Leadership & Collaboration:

- Work closely with Fixed Income Fund Managers, Risk, Compliance, and Operations teams.

- Act as a key stakeholder in liquidity planning and cash-management strategy discussions.

SKILLS & COMPETENCIES:

Investment & Technical Skills:

- 8+ years of proven buy-side active dealing experience in short-term debt / money markets.

- Deep understanding of Indian money market microstructure and liquidity cycles.

- Demonstrated ability to execute large, high-frequency trades with minimal slippage.

- Strong judgment under time pressure and high accountability environments.

- High integrity, process orientation, and risk awareness.

Analytical & Behavioural Skills:

- Strong problem-solving and decision-making ability under market stress

- High attention to detail and process discipline

- Strong communication and stakeholder management skills

- Ability to balance investment rigor with operational scalability

- High integrity and governance-first mindset

EXPERIENCE & QUALIFICATIONS:

- Bachelor's degree in finance, Economics, Commerce, or related field.

- Minimum 8 years of experience in an AMC / institutional treasury / buy-side platform is essential.