Fixed Income Sales Trader – London

  • Permanent
  • London

FINCO Search

Title: Fixed Income Sales Trader

Contract type: Permanent

Salary: to £50K plus bonus

Location: London

FINCO Search is working with a medium sized boutique Investment Banking Firm in Mayfair, London. The firm has been established for 10 years and is a specialist in placing Fixed Rate Bonds, Convertible Bonds, Loans, Structured Products and Global Depository Receipts.

Trading throughout Europe, Asia and the Middle East with established relationships in place with over 300 Institutional Clients and Market Counterparties such as Hedge Funds, Banks, Family Offices and Insurers.

Duties & Responsibilities

  • Work as part of a trading team
  • Accept, execute and process all deals across all regions and respond to queries and problems in a timely fashion
  • Regular engagement and sales coverage to Buy Side Institutional Clients and Family Offices
  • Generating revenue through Riskless Matched Principal Trades in OTC products such as Fixed Income Bonds, Loans and Structured Products.
  • Monitoring execution is in line with the best execution policy at all times
  • Assisting with on-going IT developments on the desk to bring added value to the team and bring efficiencies to the trading process
  • Provide investment teams with market commentary, daily feedback where necessary and advice on traded/open positions
  • Work with clients to generate liquidity in OTC products
  • Build and maintain relationships, and communicate relevant and insightful market information to the relevant investment teams
  • Managing relationships with a wide variety of stakeholders both internal and external
  • Develop and maintain strong external network to facilitate best execution and market intelligence.
  • Daily processing of internal fund dealing
  • Assist other traders as necessary
  • Act as intermediary with market pricing and analysis providers
  • Support compliance with Company policies, regulatory, professional & legal requirements

Experience

  • 2 to 3 years’ experience in Fixed Income Sales Trading with Institutional Buy Side Clients
  • Have an existing book of relationships with buy and sell side institutions
  • Application and understanding of the Order Management and Execution Management system
  • Confident, Articulate, Proactive, Team oriented
  • Strong understanding of financial (credit) markets as well as market mechanics and the trading process through to settlement
  • Strong sales and interpersonal skills
  • Highly effective IT competencies
  • Awareness of regulatory developments in financial markets
  • Knowledge of basic accounting
  • Ideally have Trading experience at a buy-side institution with an understanding of TCA
  • Available to work trading hours to reflect the Asia and US markets

 

Please contact Jonathan Margrave:

Email: Jonathan.Margrave@fincosearch.com

Tel: +44 203 9275082

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