STCI Primary Dealer Ltd.

Careers

Skip Navigation Links.
 

Careers

 

 Role: Fixed Income Dealer

We are looking for a candidate who has 5-10 years of experience as fixed income dealer. Primary responsibility would be running a fixed income securities portfolio and achieving profitability targets.

Key Candidate Attributes:

  • MBA/CA with 5-15 years of experience
  • Prior experience in Treasury of independently managing a fixed income securities portfolio with PV01 limits in the range of Rs 15-35 lakhs.
  • Experience in trading G-secs, SDLs, corporate bonds, money market instruments and fixed income derivatives (OIS/IRF)
  • Good understanding of macro-economic concepts and dynamics of interest rate markets, both cash and derivatives.
  • Good understanding of cross-linkages across various asset markets including forex, credit and rates.

Key responsibilities:

  • Independently managing trading portfolio while ensuring compliance with prudential risk limits.
  • Initiating position across asset classes like G-secs, SDLs, corporate bonds, money market instruments and fixed income derivatives (OIS/IRF) to achieve the profit target for the year.
  • Scanning market horizon for evolving market developments and generating trade ideas.
  • Developing robust interbank relationships for market intelligence & feedback.
  • Assist in internal and regulatory compliance in respect of PD operations.
  • Contribute to new product development including preparation of product notes, discussion papers and rolling out systems and procedures for go live of new products.

Interested candidates may mail their resume to recruitment@stcipd.com or to HR Manager, STCI Primary Dealer Ltd, Marathon Emperor, Marathon Nextgen Compound, Lower Parel (W), Mumbai – 400 013

 
 

Latest News

The CPI
The Consumer Price Index (Combined) inflation for June 2022 printed at 7.01% as compared to 7.04% in the previous month.
--------------------------------------------------
Headline WPI inflation
Headline WPI inflation for June 2022 printed at 15.18%, lower than 15.88% in May 2022.
--------------------------------------------------
IIP growth
IIP growth for May 2022 printed at 19.64%, higher than the reading of 6.74% in April 2022, on a year-on-year basis.
--------------------------------------------------
Real gross domestic product
Real gross domestic product for Q4FY22 noted a growth of 4.1% on a year-on-year basis, aided by a pickup in activity across segments. Also, GDP expanded by 5.2% on a quarter-on-quarter basis and by 6.7% from Q4FY20 levels.
--------------------------------------------------
The MPC
The MPC unanimously decided to hike the policy Repo rate by 50 bps in the MPC meeting held on June 08, 2022. Consequently, key policy rates stand as follows: Standing Deposit Facility rate at 4.65%, Repo rate at 4.90% and Marginal Standing Facility and Bank rate at 5.15%.
--------------------------------------------------