Overview
Join to apply for the Fixed Income Trader/Analyst role at Futuregrowth Asset Management
Futuregrowth has been South Africa’s leading developmental, responsible and fixed-income investor for over 25 years.
We manage a range of fixed interest and development funds and play a key leadership role in the South African asset management industry.
We are committed to investing our clients’ funds in a responsible manner, with the interests of our clients always coming first.
Purpose of the position
The successful incumbent will play a leading role on the Dealing Desk, monitoring markets, effectively executing deals, and developing and implementing derivative and other strategies to generate additional alpha for the ultimate benefit of the clients invested in Futuregrowth’s funds.
Key Responsibilities
- Executing deals (money market, capital market, derivatives, credit assets, forex, foreign bonds);
- Researching, developing and implementing derivative strategies for the range of funds under management;
- Analysing market liquidity to understand the spread and yield curves;
- Keeping abreast of economic and market developments and data releases to timeously assess the possible impact on various funds;
- Negotiating and implementing ISDA (International Swaps and Derivatives Agreement) and GMRA (Global Master Repurchase Agreement) arrangements with counter-parties;
- Maintaining the deal book;
- Administrating deals completed, including specialised asset administration;
- Calculating and maintaining yield curves (government, zero coupon, swap curves);
- Developing risk monitoring tools for all instruments traded;
- Monthly client reporting (as part of a team);
- Monitoring and managing broker/counter-party relations;
- Monitoring and analysing the financial market and market view;
- Bringing market/investment views forward at investment team forums and meetings;
- Assist in monitoring money market portfolio cash flows, and maintenance/improvement of risk monitoring dashboards;
- Developing valuation spreadsheets for new instruments; and
- Assisting in projects that build operational controls and efficiencies on the dealing desk, including technology implementation.
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