Closing date: Sunday, 18 December 2016
Corporate Bond Dealer, Credit Markets
Office location: Basel
Employment - Duration: 3 years
Contract type: Fixed-term
Application Deadline: 18/12/2016
Summary of the job: The Banking Department at the BIS is looking for a fixed income credit dealer to: make investments in the investment grade fixed income credit markets;
conduct fundamental credit and market analysis; and
prepare and present market reports.
The successful candidate is likely to have some experience in a dealing room environment, credit or market risk analysis function, rating agency or financial research company. Knowledge of and experience in the fixed income credit markets, including derivatives, is an advantage.
Principal accountabilities: Trading
Carry out transactions in various debt instruments and interest rate derivatives in accordance with the Bank’s limits and policies.
Support the credit investment process by conducting appropriate credit analysis to ensure the ongoing quality of the Bank’s fixed income credit holdings.
Analyse financial markets, market trends and political and economic indicators with particular reference to how these impact investment strategy in the credit markets. Keep Treasury management informed about credit market issues and developments.
Undertake special projects in the area of credit investment.
Qualification, experience and skills required:
University degree, ideally in a numerical discipline (eg mathematics or finance)
Studying towards an investment qualification (eg CFA)
Some experience as either a junior trader or credit/market analyst
Knowledge of and experience in the fixed income markets, including derivatives, an advantage
Strong analytical skills
Proficient in the use of MS Excel
Excellent drafting and communication skills in English. Ability to communicate in another major world language desirable
The BIS employs staff on both open-ended and fixed-term contracts. However, all new entrants are initially recruited on a fixed-term basis. The job grade at which the position will be filled will depend on the successful candidate’s skills and experience. The BIS is fully committed to equal opportunity employment and strives for diversity among its staff. We encourage applications from female candidates.