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Interest Rates Trader – Global Markets at Standard Investment Bank, Nairobi, Kenya

Standard Investment Bank

Interest Rates Trader – Global Markets at Standard Investment Bank, Nairobi, Kenya

Standard Investment Bank

Full time Job

Date Posted: February 20, 2025

Application deadline:

February 24, 2025 5:00pm

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Job description

SIB is seeking to hire a highly motivated and experienced Rates Trader who plays a critical role in research, structuring, and execution of trading strategies, managing portfolios, and contributing to the fund’s overall success, with a focus on interest rate markets, including government bonds, interest rate swaps, futures and other related instruments. The rates trader should have a strong understanding of global macroeconomic trends, central bank policy, and yield curve dynamics to deliver consistent alpha within a disciplined risk management framework.

Key Responsibilities:

  • Trade Execution
    • Develop, execute, and manage trading strategies across multiple asset classes, including government bonds, interest rate derivatives, currency derivatives, futures, options, swaps, and repo markets in alignment with the fund’s strategy;
    • Optimise trade execution and portfolio structuring to achieve best pricing, return, and liquidity;
    • Manage the operational elements of the Sovereign Debt Desk.
  • Risk Management
    • Conduct detailed scenario and sensitivity analysis to evaluate potential outcomes of trades;
    • Managing interest rate and duration risk exposures by implementing hedging strategies and continuously monitoring trading activities to mitigate evolving risks;
    • Adhering to the fund’s risk management framework, ensuring compliance with all limits;
    • Stay informed about market developments, regulatory changes, and industry trends affecting trading activities.
  • Market Analysis
    • Monitor and analyze macroeconomic data, central bank policy, inflation trends, and yield curve movements to identify trading opportunities;
    • Provide market insights and strategy ideas to the portfolio management team.
  • Portfolio Management
    • Creating daily valuation and exposure reports of FIxed Income and Rates products for the Executive Director, Global Markets;
    • Tactical management of interest rate exposure, duration and curve positioning in the portfolio.
  • Research & Strategy Development
    • Develop and implement directional and macro-driven strategies across interest rate markets.
  • Technology & Tools
    • Any other duties that may be assigned from time to time by the Executive Director, Global Markets.

Qualifications:

Education:

  • Bachelor’s degree in Finance, Economics, Engineering, or related field (Master’s degree CFA certification is a plus

Experience:

  • Minimum of 2 years experience trading rates products;
  • Deep understanding of global rates markets, yield curves, central bank policy impact, and currency derivatives.

Skills & Competencies:

  • Strong skills in research, portfolio construction and optimization, risk management, trade execution and Portfolio Management of government bonds, currency derivatives, and other interest rate products;
  • Strong quantitative and analytical skills;
  • Excellent decision making skills under pressure, with a disciplined approach to risk management;
  • Exceptional communication and interpersonal skills, with the ability to collaborate with team members in a fast-paced environment, and to interact with clients.

Application deadline:

February 24, 2025

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