Job Description
Designation -
Senior Fixed Income Dealer
Qualification -
Postgraduate with Industry Track Record
Reporting To -
Chief Investment Officer
ROLE SUMMARY
We are seeking a Senior Buy-Side Fixed Income Dealer with deep, hands-on active dealing and execution experience to manage liquidity and execution across Overnight, Money Market, Low Duration, and allied short-term debt strategies.
The role demands market leadership at the short end, superior rate judgment, and the ability to execute large, flow-driven portfolios under varying liquidity conditions while ensuring best execution, capital safety, and strict regulatory compliance.
KEY RESPONSIBILITIES
Fund Coverage & Mandates
The role will support execution and liquidity management for the following strategies (as applicable):
▪ Overnight Funds
▪ Money Market Funds
▪ Liquid Funds
▪ Low Duration Funds
▪ Ultra Short Duration Funds
▪ Short Duration / Cash Management Strategies
▪ Any other SEBI-defined short-term debt mandates as introduced from time to time
▪ Closely work with fund management team for optimizing the fund and provide portfolio analytics to the operations team.
Dealing and Market Execution (Core)
▪ Reporting to the CIO, the ideal candidate will lead active dealing and execution in money market and short-term debt instruments including; TREPS, Call/Notice Money, Market Repo, RBI Repo, T-Bills, CPs, CDs, short-dated G-Secs.
▪ Manage daily liquidity deployment, roll-overs, and reinvestment decisions across funds.
▪ Deliver best execution through superior rate discovery, counterparty selection, and trade structuring.
▪ Handle large inflows/outflows, NFO ramp-ups, and volatile liquidity conditions (month-end, quarter-end, year-end).
▪ Act as the primary execution interface between portfolio managers and the market.
Liquidity, Risk & Rate Management
▪ Actively track money market rates (WACR, TREPS, repo curve) and anticipate liquidity inflection points;
▪ Support PMs in maintaining duration bands, liquidity buffers, and stress readiness;
▪ Monitor and manage counterparty exposure, issuer concentration, and regulatory limits;
▪ Provide forward-looking market colour to aid portfolio construction and cash positioning.
Systems, Settlement & Control
▪ Execute trades via NDS-OM, CCIL, Clearcorp / TREPS platforms, and approved dealing systems.
▪ Ensure accurate trade booking, confirmation, settlement, and allocation;
▪ Maintain strong dealing room discipline, documentation, and audit trails.
Governance, Compliance & Operations
▪ Ensure full compliance with SEBI Mutual Fund Regulations, RBI guidelines, and internal investment policies.
▪ Uphold Chinese wall and information barrier standards.
▪ Support internal/external audits, inspections, and regulatory reviews.
Leadership & Collaboration
▪ Work closely with Fixed Income Fund Managers, Risk, Compliance, and Operations teams.
▪ Act as a key stakeholder in liquidity planning and cash-management strategy discussions.
SKILLS & COMPETENCIES
Investment & Technical Skills
▪ 10+ years of proven buy-side active dealing experience in short-term debt / money markets.
▪ Deep understanding of Indian money market microstructure and liquidity cycles.
▪ Demonstrated ability to execute large, high-frequency trades with minimal slippage.
▪ Strong judgment under time pressure and high accountability environments.
▪ High integrity, process orientation, and risk awareness.
Analytical & Behavioural Skills
● Strong problem-solving and decision-making ability under market stress
● High attention to detail and process discipline
● Strong communication and stakeholder management skills
● Ability to balance investment rigor with operational scalability
● High integrity and governance-first mindset
EXPERIENCE & QUALIFICATIONS
● Bachelor’s degree in finance, Economics, Commerce, or related field.
● Minimum 10 years of experience in an AMC / institutional treasury / buy-side platform is essential.
