Fresher Fixed Income Trader Jobs – DFCU Bank

Job Title:   Fixed Income Trader (Fresher Jobs)

Organisation: DFCU Bank

Duty Station:  Kampala, Uganda

Reports to: Head of Global Financial Markets

 

About US:

DFCU Bank is a fast growing commercial bank offering a variety of innovative products and services. DFCU Limited was started by the Commonwealth Development Corporation (CDC) of the United Kingdom and the Government of Uganda through the Uganda Development Corporation (UDC) under the name of Development Finance Company of Uganda Limited. Later restructuring brought in DEG (of Germany) and International Finance Corporation (IFC) as equal partners with CDC and UDC, each having a 25% stake in the company. Its objective was to support long-term development projects whose financing needs and risk did not appeal to the then existing financial commercial lending institutions.

 

Job Summary:  Reporting to the Head of Global Financial Markets, the role holder will be responsible for maintaining the banks Held-for-Trading portfolio in Government Securities, generating both long- and short-term trading plans and executing trades daily.

 

Key Duties and Responsibilities:

  • Implementing FI sales and marketing strategies, tracking performance against budget on daily, weekly and monthly basis to realize set fixed income budgets.
  • Execute and capture primary and secondary market trades ensuring completion into the banks core system.
  • Monitor the banks PV01, Value-at-Risk and Aging limits.
  • Analyze market data and risk to form a trading strategy.
  • Build and maintain strong relationships with regulators, counterparties and investors.
  • Continuously engage various stake holders to discuss market trends and investment strategies.
  • Stay up to date on industry trends including regulatory changes.
  • Management of market risk, with a view to mitigating losses resulting from high risk exposures by operating within approved limits.
  • Adherence to the highest standards of ethical and professional behavior.
  • Adherence to the ACI and BoU code of conduct.
  • Keep up to date with global macro-economic and political developments.
  • Assemble, disseminate and distribute economic news.





Qualifications, Skills and Experience:

  • The applicant for the DFCU Bank Fixed Income Trader job must hold degree in Business, Finance, Economics, Statistics, Actuarial Sciences, or related field.
  • ACI dealing certificate is an advantage.
  • Broad knowledge of banking practices and local banking regulation.
  • Broad knowledge of ALCO management.
  • Good knowledge of Trade finance and corporate banking functions.
  • Ability to market and establish client relationships.
  • Good analytical and decision-making skills.
  • Ability to manage and motivate staff.
  • Ability to work in a matrix organisation.

 

How to Apply:

If you believe you meet the requirements as noted above, please forward your application with a copies of relevant professional/academic certificates from O ’Level to the most recent, to the email address indicated below:

 

Vacanciesbank@dfcugroup.com

 

Deadline: 27th July 2023

 

For more of the latest jobs, please visit https://www.theugandanjobline.com or find us on our facebook page https://www.facebook.com/UgandanJobline

 

 

Date Posted 2023-07-20
Valid Through 2023-07-27
Employment Type FULL_TIME
Hiring Organization DFCU Bank
Job Location Kampala, Kampala, Kampala, 0256, Uganda

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