Dealer - Fixed Income Markets

Position: Executive/ Senior Executive – Dealer (Fixed Income Markets) Responsible to: Managing DirectorA. Overview of the position The position will be responsible for operationalizing Sovereign Global Markets Pvt. Ltd.’s (SGMPL) operational tactics for the ‘Fixed Income Markets’ Business Unit. He/ she will be responsible for executing (if needed), updating and maintaining the details of transactions and portfolios of clients pertaining to the Fixed Income Markets Business Unit. He/ She will coordinate at the tactical and operational levels, with the other functions of SGMPL.B. Qualification o Primary: Bachelor’s degree in Finance, Accounting, Economics or Business o Additional (preferred): Diploma in investment management, financial markets or allied domainsC. Experience and Skills o A minimum of 2 year of experience in the Fixed Income Broking industry; o Good knowledge and understanding of Fixed Income products, Fixed Income market and other financial products; o Good understanding of trading platforms and mechanics of trading, with respect to Fixed Income instruments; o Thorough knowledge of rules, regulations and compliances, pertaining to Fixed Income products; o Has to be up to date with industry/ research reports, market news and financial trends; o Proven understanding of commercial terms, pertaining to fixed income products; o Strong problem solving, analytical, organizational and inter-personal skills; o Computer literacy in Microsoft Office, data base management and other tools; o Commitment to work with leadership and cross-functional teams; o Strong oral and written communications skills; o Openness to travel, to meet internal and external business demands.D. Working Relationship The position reports to the Managing Director and serves as a member of the operational team. This position participates with the management team towards operationalizing initiatives for SGMPL’s ‘Fixed Income Markets’ Business Unit, assuring its Strictly confidential Job Description accountability to all stakeholders and ensuring its effective operations. It also has working relationship with other cross-functional teams.E. Key Responsibilities o Responsible for setting up clients in SGMPL’s database and tools, ensuring accuracy and completeness of clients’ information. o Undertake and fulfil clients' KYC requirements. o Process investment transactions - punch trades for mapped clients in SGMPL's database as well as on terminals (where applicable). o Trade in money market and bond deals on behalf of clients (where applicable), keeping them informed about rates, research information and market outlook, order/ trade details and confirmations. Additionally, update clients regarding Pay-in and Pay-out of funds and securities, margin funding, etc. as required. o Constantly monitor and review the transactions to verify their accuracy and ensure that they are in conformance with the rules and regulations and in adherence as per the Compliance framework. o Communicate trading calls and investing ideas to customers. o Monitor client exposure limits and escalate breaches (internally and externally). o Promote research calls to increase volume and frequency. o Prepare and publish reports and updates on clients' trades, market changes and the corresponding effect on clients' portfolios. o Resolve customer queries, pertaining to transactions and portfolios. o Accompany Sales personnel for customer visits, with a perspective of increasing 'depth' in existing relationship with Clients as well generating leads through references. o Keep abreast of the market news, financial trends, and current affairs. o Attend Analyst Meets for improved client servicing. o Ensure timely generation and submission of Management Reports, as and when needed. o Coordinate closely with cross-functional teams to meet the objectives of the business unit.F. Other Responsibilities o Coordinate and collaborate with other functional departments, to facilitate meeting of business objectives; o Drive initiatives taken by the management, to ensure implementation within the Equity Markets business unit; o Ensure that the operational costs are controlled and minimized, for effective utilization of the Company’s resources; o Ensure the function’s adherence to SGMPL’s policies and procedures; o Ensure that the organization’s properties and assets are safeguarded.

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