JOB PURPOSE: Reporting to the Head of Global Financial Markets, the Fixed Income Trader will be responsible for maintaining the bank’s Held-for-Trading portfolio in Government Securities, generating both long- and short-term trading plans and executing trades daily.
LOCATION: Kampala

KEY ACCOUNTABILITIES:
• Implementing Fixed-income sales and marketing strategies, tracking performance against budget on a daily, weekly and monthly basis to realise set fixed-income budgets.
• Execute and capture primary and secondary market trades ensuring completion into the bank’s core system.
Monitor the banks PV01, Value-at-Risk and Aging limits.
Analyse market data and risk to form a trading strategy.
• Build and maintain strong relationships with regulators, counterparties and investors.
• Continuously engage various stakeholders to discuss market trends and investment strategies.
• Stay up to date on industry trends including regulatory changes.
Management of market risk, to mitigate losses resulting from high-risk exposures by operating within approved limits.
• Adherence to the highest standards of ethical and professional behaviour.
• Adherence to the ACI and BoU code of conduct.
• Keep up to date with global macroeconomic and political developments.
• Assemble, disseminate and distribute economic news

QUALIFICATIONS, SKILLS, AND EXPERIENCE REQUIRED:
• A degree in Business, Finance, Economics, Statistics, Actuarial Sciences, or a related field.
• ACI dealing certificate is an advantage.
• Broad knowledge of banking practices and local banking regulations.
• Broad knowledge of ALCO management.
• Good knowledge of Trade finance and corporate banking functions.
• Ability to market and establish client relationships.
• Good analytical and decision-making skills.
• Ability to manage and motivate staff.
• Ability to work in a matrix organisation.