Commercial Bank of Dubai
Senior Fixed Income Trader
- Permanent
- Dubai, United Arab Emirates
- Experience 10 - 15 yrs
Job expiry date: 29/09/2025
Job overview
Date posted
15/08/2025
Location
Dubai, United Arab Emirates
Salary
Undisclosed
Compensation
Comprehensive package
Experience
10 - 15 yrs
Seniority
Senior & Lead
Qualification
Bachelors degree
Expiration date
29/09/2025
Job description
The Senior Fixed Income Trader is responsible for managing and trading a fixed income portfolio within defined risk limits to generate revenue from both flow and proprietary positioning. The role involves identifying trading opportunities through market research, executing trades in government, corporate, and financial institution securities, managing market liquidity, applying hedging mechanisms, ensuring compliance with regulatory and internal risk frameworks, and collaborating with sales, risk, legal, and operations teams. Additional duties include supporting other trading desk activities, maximizing returns through repo transactions, ensuring STP processes for fixed income products, providing training, and overseeing the investment portfolio when required.
Required skills
Key responsibilities
- Manage a trading portfolio, including government, corporate, and financial institution securities, both senior and subordinated.
- Identify trading opportunities through thorough market research and informed decision-making.
- Trade fixed income on short or long-term horizons based on style and market conditions.
- Monitor market liquidity and adjust trading strategies for optimal execution.
- Use hedging mechanisms, such as UST futures and IRS, to minimize position risk.
- Review positions and work with risk management to ensure compliance with regulations and internal risk limits.
- Develop and maintain a strong network of key relationship banks.
- Provide investment sales/advisory teams with pricing and bond sourcing for customers.
- Utilize repo transactions to maximize returns and support ALM desk.
- Support trading desk in daily activities across other asset classes when required.
- Liaise with legal and risk to ensure all documentation is correct, valid, and enforceable.
- Work with Head of Product to ensure fixed income products can be processed through STP in treasury systems.
- Provide fixed income training for dealing room staff, relationship managers, support functions, and corporate customers.
- Oversee investment portfolio in absence of Head of Fixed Income under GM-Treasury guidance.
Experience & skills
- Graduate in Commerce, Economics, or Finance Management.
- Master’s/MBA preferred.
- 10 years’ experience in Treasury & Finance, with at least 3 years in an active bank dealing room trading fixed income.
- Knowledge of a wide range of treasury products, especially FX, interest rates, fixed income, money markets, repo, futures, and IRS.
- Strong market research, trading strategy, and risk management skills.
- Ability to work in a high-pressure trading environment with strict compliance requirements.
