09 Oct
|
Intellectual Capital HR Consulting
|
Mumbai
09 Oct
Intellectual Capital HR Consulting
Mumbai
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
10+ 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.
Solid 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
- Bachelors degree in finance, Economics, Commerce, or related field.
- Minimum 10 years of experience in an AMC / institutional treasury / buy-side platform is essential.
📌 Fixed Income Dealer (Mumbai)
🏢 Intellectual Capital HR Consulting
📍 Mumbai