DEALER SECURITIES

STATE BANK OF INDIA; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

A leading banking institution in Singapore is seeking an experienced professional to execute fixed income investment transactions with a strong focus on Forex and treasury operations. Candidates should possess a minimum of 8 years of banking experience, with 3 years specifically in Forex operations. Excellent communication skills and a dynamic personality are essential for success in this role.

Qualifications

• Minimum 8 years banking experience, 3 in Forex and treasury operations.
• Experience in Dealing Operations (Front Office) preferred.

Responsibilities

• Execute fixed income investment transactions.
• Conduct research on new bond offerings.
• Prepare comprehensive investment proposals.
• Monitor and analyze news updates on securities.

Skills

Strong understanding of financial regulations and compliance

Good trading and analytical skills

Excellent communication and interpersonal skills

Dynamic personality and team player

Education

Graduation or equivalent, preferably in Treasury Forex

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

Job Description-

• To execute fixed income investment transactions in strict compliance with the Bank’s Investment Policy.
• To stay well-informed and remain vigilant regarding the current regulatory environment. Continuously monitor and analyze news updates related to invested securities/universe and pertinent macroeconomic factors.
• To conduct thorough research on new bond offerings to identify potential investment opportunities, following the directives of the Head of Investment.
• To prepare comprehensive proposals for both investment and divestment activities.
• To prepare proposals for instances of price breaches, financial decline, and rating downgrades in accordance with the investment policies and manual.
• To provide regular feedback to the senior management, and the Investment Committee. Share insights on strategies, market information, and investment performance.
• To perform market scans to pinpoint the most favorable pricing options in secondary markets. Base these assessments on competitive quotes from counterparties.
• To contribute valuable insights and recommendations during the review of the Banks’s Investment Policy by the Bank Investment Committee (BIC).
• To offer input for the formulation of an investment strategy document to guide asset allocation within the investment portfolio.
• To attend roadshows and actively engage with company (issuer) management. Gather first-hand information about the prospects and potential investment opportunities associated with these companies.
• To maintain meticulous organization of files and records encompassing all investment-related documents and correspondence.
• To assist in regularly providing rate quotes to branches.
• To engage in proprietary trading activities as required.
• To meet with and provide updates to Relationship Managers (RMs), branches, and customers regarding market conditions and forex products.
• To prepare the profit sheet for the dealing room from the previous day's activities.
• To calculate the open currency position from ERS (Exchange Rate System), considering transactions that occurred overnight after the dealing room closed. Formulate a view on exchange rates for our core currencies and assess funding requirements.

Job Requirement:

• Graduation or equivalent, preference will be given to those who have done courses related to Treasury Forex and related areas.
• Minimum Banking experience of continuous 08 years, out of which 3 years should be in Forex and treasury operations.
• Candidates having latest experience in Dealing Operations (Front Office) will be given preference
• Strong understanding of financial regulations and compliance
• Sound Knowledge of banking/ financial products in field of Treasury and Investment
• Dynamic personality who is ready to work as a team and provide guidance to others.
• Good trading and analytical skills.
• Excellent communication and inter personal skills with the ability to interact with all levels of staff and top management
• Sound knowledge of Microsoft applications : Excel/Word/PowerPoint