Fixed Income / Rates Trader – G-Sec & Rates Derivatives
Abans Finance · Mumbai · onsite · Posted 64d ago
Undisclosed5–10 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
Position: Fixed Income Trader G-Sec & Rates Derivatives
Department: Treasury / Fixed Income & Derivatives
Experience: 512 years
Location: Mumbai
Employment Type: Full-time
About the Role
We are looking for an experienced Fixed Income / Rates Trader to join our trading desk and actively manage an existing Indian Government Securities (G-Sec) portfolio, along with positions in Fixed Income Derivatives.
The role requires a strong understanding of the Indian interest-rate market, G-Sec yield curve dynamics, term spreads, monetary policy, liquidity conditions, macroeconomics and geopolitical developments.
The ideal candidate should be more than an execution-oriented dealer. We are looking for someone who can form independent views on the yield curve and identify trading opportunities across maturities and instruments, particularly through 10Y30Y and 10Y40Y spread strategies.
The candidate will be expected to convert macro and market views into actionable portfolio positioning and actively manage risk.
Key Responsibilities
G-Sec Portfolio Management
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- Actively manage and optimize an existing Indian G-Sec portfolio.
- Develop views on the yield curve, duration, term premium and relative value across maturities.
Yield Curve & Spread Trading
A key responsibility will be to develop and execute curve-spread trading strategies.
For example:
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- When the 10Y40Y or 10Y30Y curve flattens, assess whether the portfolio should be repositioned towards 10Y G-Secs.
- When the curve steepens, assess opportunities to increase exposure towards 30Y and 40Y G-Secs.
Macro, Economic & Geopolitical Analysis
Monitor and interpret developments that can materially impact Indian rates and the G-Sec curve, including:
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- RBI monetary policy
- RBI liquidity operations
- Repo / SDF / VRR / VRRR operations
- OMO purchases and sales
- Government borrowing programme
- G-Sec and SDL supply
- Inflation and growth data
- Fiscal deficit and government borrowing
- Oil prices and commodity movements
Fixed Income Derivatives
The desk actively trades Fixed Income Derivatives, including:
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- OIS Overnight Indexed Swaps
- IRS Interest Rate Swaps
- Other interest-rate derivative structures as applicable
- Identifying dislocations between cash and derivative markets.
- Using derivatives for hedging, duration management and alpha generation.
Interest Rate Futures
We currently do not have an active Interest Rate Futures (IRF) trading strategy, but we are open to developing this capability.
The candidate will have the opportunity to:
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- Evaluate IRFs as an additional trading and hedging instrument.
- Develop strategies involving:
- IRF vs G-Sec relative value
Sourced from naukri
Skills
FuturesInterest rate swapsFixed IncomeMarket RiskDerivative MarketBaselFixed Income DerivativesliquiditySwapsPortfolio ManagementRegulatory Reportingcredit riskDerivativesTradeoperationsHedgingSalesTreasuryInvestment BankingfinanceTrading
About Abans Finance
Abans Finance
Financial Services
375
employees
About
ABans Finance Pvt. Ltd. (AFPL) formerly known as Sofed Comtrade Private Ltd. started its journey in the year 1995 in Calcutta (present Kolkata) and is continuing now, with the registered office in Mumbai.AFPL, an NBFC is registered with the RBI, in the category of non-acceptance of public deposits and is engaged in advisory services like Investment Banking, Corporate Finance, Project Finance, Trade Finance and providing Business & Retail Loans. Our NBFC business is primarily focused on providing Indian Rupee denominated secured and unsecured structured term financing solutions to individuals and corporates primarily in the category of small and medium enterprise (“SME”) borrowers in India by way of structured financing and trade financing. We provide lending solutions against tangible collateral as well as security in other forms, such as charge on operating cash flows. However, based on the client, requirement and our internal risk-assessment, we also provide unsecured loans. Our current portfolio of borrowers include corporate, individuals and SMEs engaged in various business like commodities trading, technology solution and agriculture & agri-product trading.We provide our clients with trading finance solutions which help them expand and diversify their financial portfolio. We also advance loans to our other associate companies within the ABans Group. Our team of management professionals makes sure that your experience is seamless and transparent.
Industries
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Employee ratings
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Culture
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