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You will be updated with latest job alerts via emailFixed income trader, who is engaged in the trading of fixed income securities that guarantee a fixed rate of return, is a finance and investment professional. Fixed income trader responsibilities include the buying and selling of securities for the clients or for large corporate investment firms. While doing so, they make sure that their investors get a fixed return for a longer period. They study the varying market trends, analyze the current market conditions, and take decisions that would yield more profits for the investing firms or investors.
Key Responsibilities of Fixed Income Trader
Fixed income trader conducts a thorough market research, analyzes the market conditions, and assists in meeting the clients' financial goals by correctly identifying and purchasing the bonds. He is also involved in the marketing of fixed income solutions and strategies that will help in providing better client services. He is responsible for managing the daily trade volumes to ensure timely and appropriate execution of the orders that are in compliance with the regulatory policies. To get a better idea, here is a detailed description that will explain as to what exactly are the key responsibilities of a fixed income trader:
In addition to the above duties, a fixed income trader makes sure that all the documents and account records are maintained and updated regularly. He/she ensures that they are accurate before they are submitted for the final stage of processing. He/she remains in constant touch with the clients and provides support in all operational procedures and risk management. He/she is responsible for maintaining and updating inventory records of fixed income securities. Thus, in short, a fixed income trader is responsible for executing the transactions of fixed income effectively by gathering the relevant market information and performing a market analysis. Based on this, he/she taps the tactical opportunities, develops innovative trading ideas and concepts that are in compliance with the developed investment strategies.
Essential Skills
A fixed income trader should be able to demonstrate strong analytical, quantitative, and technological skills. Applicants should have a deep interest in the financial markets and should be extremely well organized. They should be able to work in high pressure work environment and within the given time constraints. They should possess a high analytical aptitude, good judgmental and decision making skills. They should have multitasking ability, should be able to manage his work according to priority, and should be comfortable to work independently as well as in a team environment.
Educational Background
Undergraduates or those who have completed a bachelor's degree in finance may get the job of a fixed income trader. The main key is the ability to sustain in a fast paced work atmosphere. A training program that covers business math and polishes the quantitative skills would be a great plus. Excellent working knowledge of computers, especially, those with proficiency in MS Office would definitely be preferred.
Full Time