Job description for Fixed Income Sales Trader (Associate / AVP) at BNI Securities
Job Description
We are looking for a Fixed Income Sales Trader to support the expansion of our fixed income platform. This role combines institutional client and investor coverage, secondary market execution, trade idea generation, and the development of the firm’s secondary trading and inventory management capabilities.
Key Responsibilities
- Develop and maintain relationships with institutional investors, financial institutions, family offices, brokers, dealers, banks, and fixed income clients and market counterparties.
- Facilitate secondary market bond transactions by matching client interests, sourcing liquidity, coordinating pricing, and executing trades.
- Generate market views, trading ideas, and relative value opportunities across fixed income products, particularly Asia USD credit and other relevant bond markets.
- Support new issue bond distribution in coordination with Debt Capital Markets, Syndicate, and other internal stakeholders.
- Contribute to the development of secondary trading and inventory management capabilities, including pricing discipline, liquidity sourcing, inventory monitoring, and risk-controlled position management.
- Monitor market conditions, macroeconomic trends, rates movements, credit developments, and new issue activity to identify client and trading opportunities.
Requirements
- Bachelor’s degree in Finance, Economics, Business, or related discipline.
- Minimum 3–7 years of relevant experience in fixed income sales & trading.
- Strong understanding of fixed income products and secondary bond execution, including bond pricing, yield movements, credit spreads, liquidity, bid/offer negotiation, and OTC trade execution.
- Experience in USD bonds, Asia credit, financial institution bonds, sovereigns, quasi-sovereigns, investment grade credit, or high yield credit would be advantageous.
- Good understanding of trading controls, inventory risk, position limits, mark-to-market discipline, and regulatory expectations in a capital markets environment.
- Existing relationships with institutional fixed income clients, banks, brokers, dealers, or other market counterparties would be a strong advantage.
