Dealer - Debt Capital Market

Essential Services : Role & Location fungibility

At ICICI Bank, we believe in serving our customers beyond our role definition, product boundaries, and domain limitations through our philosophy of customer 360-degree. In essence, this captures our belief in serving the entire banking needs of our customers as One Bank, One Team. To achieve this, employees at ICICI Bank are expected to be role and location-fungible with the understanding that Banking is an essential service.The role descriptions give you an overview of the responsibilities, it is only directional and guiding in natureThe role descriptions give you an overview of the responsibilities, it is only directional and guiding in nature.

About the role

As a dealer in Debt Capital Market, you would engage with fund managers / dealers of institutional investors, including Mutual Funds, Insurance Companies, Banks, Pension funds, Corporate treasuries etc. for sell-down of corporate bonds in Primary and Secondary market. Developing and implementing hedging strategies to mitigate risk is also part of the profile.  The individual should also possess in-depth knowledge of Indian and Global markets and should be adept at fundamental and technical analysis.

Key Responsibilities

Collaboration

The candidate would engage with fund managers / dealers of institutional investors, including Mutual Funds, Insurance Companies, Banks, Pension funds, Corporate treasuries etc. for sell-down of corporate bonds in Primary and Secondary market.

Customised Solutions

To handle the bidding process for private placement of debt issuance, Preparation of deal documents like Information Memorandum, Term Sheets, investment rationale etc.

Ability to comprehend various regulatory guidelines

Sound understanding of regulatory guidelines of SEBI & RBI related to DCM and investments in Fixed Income securities.

360-degree banking

Understanding of the investment pattern of Insurance Companies, Provident Funds and analysis of Primary and Secondary traded data, supply pipelines, Corporate bond spreads and tracking flows/AUMs of investors on regular basis.

Qualifications & Skills

Educational Qualification

MBA/CA/CFA with 4-8 years of experience in fixed income sales, or dealing in bond market with understanding of bond pricing and costing models.Experience in working in fixed income instruments, or having prior experience in debt market borrowings with knowledge of SEBI regulations would be preferred.

Negotiation

Ability to influence and negotiate with clients at all levels.

Technical Skills

Strong Microsoft Word, PowerPoint and Excel skills and basic understanding of financials of a company and bond mathematics.

Soft skills

Excellent verbal and written communication skills.

About the Business Group

Markets Group (MG) provides treasury solutions to the customers in the corporate ecosystem consisting of large, mid and small enterprises. Treasury solutions consist of forex services, derivatives, structured products, interest rate hedging solutions amongst others. The team works closely with the Corporate Relationship teams and provide solutions suited to the needs of the customers. These solutions are embedded through the life cycle of corporate relationships across working capital, lending, payment solutions, supply chain finance, structured trade etc. The team works closely with customers to help them manage their financial risks with the right suite of products and solutions.