Position: Fixed Income Trader – G-Sec & Rates Derivatives
Department:
Treasury / Fixed Income & Derivatives

Experience:
5–12 years

Location:
Mumbai

Employment Type:
Full-time

About The Role
We are looking for an experienced
Fixed Income / Rates Trader
to join our trading desk and actively manage an existing
Indian Government Securities (G-Sec) portfolio
, along with positions in
Fixed Income Derivatives
.

The role requires a solid understanding of the
Indian interest-rate market, G-Sec yield curve dynamics, term spreads, monetary policy, liquidity conditions, macroeconomics and geopolitical developments
.

The ideal candidate should be more than an execution-oriented dealer. We are looking for someone who can
form independent views on the yield curve and identify trading opportunities across maturities and instruments
, particularly through
10Y–30Y and 10Y–40Y spread strategies
.

The candidate will be expected to convert macro and market views into actionable portfolio positioning and actively manage risk.

Key Responsibilities
G-Sec Portfolio Management




- Actively manage and optimize an existing Indian G-Sec portfolio.
- Develop views on the yield curve, duration, term premium and relative value across maturities.

Yield Curve & Spread Trading
A key responsibility will be to develop and execute
curve-spread trading strategies
.

For Example
- When the 10Y–40Y or 10Y–30Y curve flattens, assess whether the portfolio should be repositioned towards 10Y G-Secs.
- When the curve steepens, assess opportunities to increase exposure towards 30Y and 40Y G-Secs.

Macro, Economic & Geopolitical Analysis
Monitor and interpret developments that can materially impact Indian rates and the G-Sec curve, including:
- RBI monetary policy
- RBI liquidity operations
- Repo / SDF / VRR / VRRR operations
- OMO purchases and sales
- Government borrowing programme
- G-Sec and SDL supply
- Inflation and growth data
- Fiscal deficit and government borrowing
- Oil prices and commodity m

📌 Fixed Income (Mumbai)
🏢 Abans Finserv
📍 Mumbai