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Assistant Dealer

CIC Insurance

Nairobi, KenyaPosted Posted today
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Job description

About the Role Reporting to the Dealer, the role holder will support in the day-to-day management of dealing desk. The primary focus for this position will be best execution of all investment trades and providing trading administrative support services. Key Responsibilities: Updating the schedule of monthly primary bonds bids upon receiving instructions from the Portfolio Managers Liquidity management and updating the weekly bank deposit rates schedule as per negotiations with the banks as well as the daily liquidity sheet. Confirmation of bonds and equities pricing sent by other counterparties prior to confirmation of execution Preparation of the weekly trading reports for review by the Dealer/Senior Dealer prior to circulation Follow up of execution of all investment decisions with already identified counterparties in the market. Liaise with the Dealer/Senior Dealer to ensure all key risk indicators are adhering to internal limits and regulatory requirements; Gather current market intelligence information and circulate to the investment team to guide decision making Participate in weekly investment hurdles, monthly investment committee meetings and any other relevant meetings. Seeking guidance from the Dealer/Senior Dealer on negotiation for best investment deals within the set limits (counterparty and price) as guided by the investment policy. Assist the Dealer/Senior Dealer in planning cash flow for settlement of executed transactions and manage excess cash. Participate in ad hoc assignments as required. Relationship management with key stakeholders including administrators, banks, brokers, custodians, and other market participants to ensure efficiency within the dealing desk. Who We're Looking For Essential Knowledge/Skills and Experience Required: Bachelor's degree in Finance, Mathematics, or a related field. A Chartered Investment & Financial Analyst (CIFA) certified or actively pursuing CIFA qualifications. 1 - 3 years of experience in Investment Banking, dealing, or Asset Management. Proficiency in Bloomberg and data visualization tools is a significant advantage. Fluency in at least two asset classes (e.g. Equities and fixed income).

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