FIXED INCOME SECURITIES DEALER

7 days ago

makati, metro manila, Philippines BPI (Bank of the Philippine Islands) Full-time ₱2/year

FIXED INCOME SECURITIES DEALER - LOCAL CURRENCY Makati, Metro Manila, Philippines 2 - 5 Years Probationary

Job Description

FIXED INCOME SECURITIES - LOCAL CURRENCY

This position contributes tothe attainment of the Bank’s local currency denominated securities tradingrevenue targets. Core responsibilities include the proprietary tradingofPhilippine peso fixed income instruments, helps ensure that the Bank’s obligationsas a Primary Dealer and Market-Maker for the Republic of the Philippines arefulfilled, assists in inventory management, crafting of market outlook,planning and executing strategy, and providing market analysis for fixed incomesales and other units to achieve the Department’s revenue targets.

JOB RESPONSIBILITIES

  • Engages in the proprietary trading of local currencydenominated securities in the primary and secondary markets with the objectiveof generating trading gains and achieving the Department’s financial targets;
  • Short- to long-term trading strategies and marketviews on the Philippine peso fixed income market are developed by this position— including analysis of the Government Securities yield curve, domesticmonetary policy direction, and key macroeconomic indicators — for review andapproval by the Head, Fixed Income Trading – Local Currency;
  • Assists in inventory management, crafting of marketoutlook, and providing market analysis and investment recommendations to fixedincome sales, Asset and Liability Management, and other units to support clientservicing and flow income generation;
  • Assists in fulfilling the Bank’s obligations as aPrimary Dealer and Market-Maker for the Republic of the Philippines andPhilippine Dealing and Exchange Corp. Corporate Securities Market-Maker byproviding timely and competitive prices across primary auction and secondarymarket transactions;
  • Ensures that all transactions and processes arecompliant with the Bank’s rules and regulations, pre-approved limits and otheraudit requirements including external rules and regulations (such as but notlimited to Bangko Sentral ng Pilipinas circulars, SRC, DOF memos).

JOB QUALIFICATIONS

  • Bachelor’s Degree in Finance or Business- related course
  • Certification requirements: Certified Treasury Professional, SEC-Certified Fixed Income Salesman