Citibank Nigeria Limited Fixed Income Securities Dealer Job Recruitment

Citi has had a presence in Nigeria since 1984. Citi is the oldest existing international bank in Nigeria, with service bank branches spread across the nation. Citi continues to focus on competitively creating value and providing efficient service delivery to its clients while maintaining a robust risk and control environment. Citi consistently assists its clients by creating innovative solutions, which are mostly first-of-their-kind landmark structures in the market, to resolve their banking needs. Citibank Nigeria Limited Fixed Income Securities Dealer Job Recruitment as follows;

Job Title: Fixed Income Securities Dealer
Ref No: 18059541

Location: Lagos
Job Category: Trading
Schedule: Full-time

Job Purpose

• To actively trade in the inter-bank Treasury Bills and Bonds market on behalf of the Bank with the primary objective of enhancing revenues accruing to the Bank from trading and positioning in the Treasury Bills and Bonds market whilst adhering to limits.
• To coordinate trading activities and strategies in trading securities, bonds, treasury bills and repos.

Job Background/Context

• Daily risk taking and accurate position taking considering micro and macro-economic issues, interest rates and inflation. Look to expand customer business in conjunction with the Sales Team while using market information to ensure the set revenue target is met.
• Responsibilities also include ensuring that all regulatory requirements as a Primary Dealer Market Maker (PDMM) are met, market share on both primary and secondary markets and other qualitative regulations.

Key Responsibilities

• Primary responsibility for risk taking on Bonds and Treasury Bills, maintaining the trading blotter and managing positions.
• Daily position management and seeking for opportunities in the interbank market for outright and repos.
• Daily monitoring of trading limits, DV01, aggregate volume limits, tenor limits, value at risk limits and management action triggers.
• Point of contact with the key regulators, Debt Management office, Central Bank of Nigeria and associated settlement agencies, CSCS.
• Expected to track and collate fixed income securities data to support research and analytics as required by the bank.
• Coordinate fixed income securities trade with sales team.
• Support any mark to market trading initiative that may arise from time to time.

Qualifications
Knowledge/Experience:

• Prior work experience in Treasury and/or knowledge of fixed income securities
• Minimum of 4 to 5 years post qualification experience

Skills:

• Candidates must be confident, articulate, quick thinking and numeric.
• Must display high energy levels and drive
• Must display an affinity for risk taking
• Must be highly motivated and have a very competitive nature.
• Must be versatile enough to trade other products e.g. FX, money markets etc.

Qualifications:

• A B.Sc/ BA degree.
• An MBA will be an added advantage.
• Added advantage for candidates possessing relevant professional qualification e.g. CFA (Certified Financial Analyst)

Application Closing Date: 21st September, 2018.

Click here to apply online