Dealer - Investments [Apply in 3 Minutes]

4 weeks ago


Delhi, India Magma HDI General Insurance Company Limited Full time
Job Profile

- Dealing in a variety of fixed income instruments, viz. CPs, CDs, NCDs, GSecs, TBills, SDLs, etc.- Actively work with CIO/Fund Managers to understand relevant factors affecting movement of rates and pricing across tenors and credit profiles- Cash flow management and dealing in the Overnight and term money markets- End-to-end execution of trades assigned by CIO/Fund manager, including speaking to brokers, arrangers and market counter parties for sourcing, pricing, and striking deals- Coordination with relevant internal teams to ensure smooth functioning of the dealing and cash flow management operations- Understanding of the regulatory guidelines of SEBI/AMFI/IRDAI and RBI- Dealing in accordance with the investment policy and operating guidelines, risk and regulatory framework

Secondary Responsibilities:

- Maintenance of appropriate dealing records for audit purpose- Preparing meaningful MIS regarding daily market movements and share insights with the team on an ongoing basis

Skills Required:

- Understanding of Macro and micro economic variables- Understanding of credit risk and interest risk- Inner drive to continuously learn from the environment and the team and improve oneself- Agility and adaptability to the dynamic nature of the fixed income markets and take quick decisions in an environment of uncertainty and ambiguity- Able to take on responsibility and full ownership of dealing in the market with minimal intervention from CIO/Fund Manager- Communicate fluently with integrity, honesty and crisply and to the point.- Well networked with market participants to gain market insights and feedback.- Thorough knowledge of theoretical aspects of fixed income instruments and familiarity with relevant terms, viz. duration, credit, cash flow discounting, etc.- Hands-on experience on using various dealing and operational platforms provided by CCIL, RBI, NSE & BSE like TREPS, CROMS, NDS-OMS, E-Kuber, RFQ, FTRAC, etc.- Intermediate level skills in using MS Excel.

Years of Experience - 1-6 years

Educational Qualifications - C.A./M.B.A., CFA Level 1 pass
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