Dealer - Fixed Income Markets

Position : Executive / Senior Executive – Dealer (Fixed Income Markets)

Responsible to : Managing Director

A. 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 domains

C. 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.