Fixed Income Trader at Klasha

Klasha is a technology company that builds cross-border commerce solutions for Africa. Klasha Business enables international merchants to accept payments from Africa using African payment methods and currencies, with payouts in hard currencies. B2B African merchants can also send money cross-border to different parts of the world in G20 and hard currencies. Klasha Personal allows consumers in Africa to shop and spend cross-border internationally through an app using African payment methods and currencies.

We are recruiting to fill the position below:

Job Title: Fixed Income Trader

Location: Lagos (Remote)
Employment type: Full-time

About the Role

• Klasha is looking to hire Fixed Income Trader who is responsible for the buying and selling of fixed-income securities, such as bonds and other debt instruments, on behalf of clients or the firm.
• This role requires a deep understanding of the fixed-income market, strong analytical skills, and the ability to make quick decisions under pressure.
• Fixed Income Traders play a crucial role in ensuring that portfolios are managed effectively, risks are mitigated, and investment strategies are executed efficiently.

Key Responsibilities

• Execute Trades: Execute trades in fixed-income securities to meet the firm's or client's investment objectives, ensuring best execution practices and adherence to trading limits and guidelines.
• Market Monitoring: Continuously monitor market trends, economic data, and geopolitical events to identify trading opportunities and potential risks. This includes staying updated on interest rates, credit spreads, and other relevant indicators.
• Relationship Management: Maintain and develop strong relationships with brokers, clients, and other market participants. This involves regular communication, understanding client needs, and providing market insights and trading recommendations.
• Portfolio Management: Manage and optimize the firm's or client's fixed-income portfolios by rebalancing, adjusting strategies, and ensuring alignment with investment objectives and risk tolerance.
• Financial Analysis: Analyze and interpret financial data, including bond yields, credit ratings, and economic reports, to make informed trading decisions. This includes conducting credit analysis and assessing the impact of macroeconomic trends on fixed-income securities.
• Regulatory Compliance: Stay updated with regulations and compliance requirements affecting fixed-income trading. Ensure all trading activities adhere to regulatory standards and internal policies.
• Reporting: Prepare detailed reports on trading activities, portfolio performance, and market conditions. Present findings to senior management, clients, and other stakeholders.

Qualifications

• Educational Background: Bachelor's Degree in Finance, Economics, or a related field is required. A Master's degree in Finance, Business Administration, or a related discipline is preferred.
• Experience: Proven experience in fixed-income trading or a related financial markets role is essential. This includes a thorough understanding of fixed-income instruments, market dynamics, and trading strategies.
• Analytical Skills: Strong analytical and quantitative skills are crucial for analyzing market data, performing financial modeling, and making data-driven trading decisions.
• Communication Skills: Excellent communication and interpersonal skills are required to interact effectively with clients, brokers, and team members. This includes the ability to explain complex financial concepts clearly.
• Work Environment: Ability to work in a fast-paced, high-pressure environment where quick decision-making is essential. This includes managing stress and maintaining composure during volatile market conditions.
• Technical Proficiency: Proficiency in trading software, financial analysis tools, and Microsoft Excel is required. Familiarity with Bloomberg, Reuters, and other financial information platforms is advantageous.
• Continuous Learning: A proactive attitude towards continuous learning and professional development to stay current with the evolving security landscape.
• Market Knowledge: In-depth knowledge of fixed-income securities and markets, including government and corporate bonds, municipal bonds, and structured products.
• Decision-Making: Strong decision-making and problem-solving abilities, with the capacity to evaluate multiple factors and make informed choices quickly.
• Attention to Detail: High level of accuracy and attention to detail in executing trades, analyzing data, and preparing reports.
• Risk Management: Ability to manage risk effectively by assessing market conditions, identifying potential threats, and implementing risk mitigation strategies.
• Financial Modeling: Proficiency in financial modeling and quantitative analysis to support trading strategies and portfolio management.

Additional Requirements:

• Certifications: Relevant certifications such as CFA (Chartered Financial Analyst), FRM (Financial Risk Manager), or similar are highly desirable. These certifications demonstrate a commitment to professional development and a high level of expertise in financial analysis and risk management.
• Work Hours: Willingness to work irregular hours depending on market conditions and trading volumes. This may include early mornings, late evenings, and occasional weekends to align with global market hours and trading opportunities.
• Continuous Learning: Commitment to continuous learning and professional development. This includes staying updated on market trends, regulatory changes, and advancements in trading technology.

Benefits
Klasha places a high value on the well-being and development of its team members. Our comprehensive benefits package includes:

• Access to cutting-edge technology and resources necessary for the role
• Private health insurance
• Paid birthday day off
• Paid parental leave
• Menstrual leave
• Budget for French or Chinese language classes
• Learning support budget
• Generous stock option plan for full-time permanent employees.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online