ASD Dealer – Custodial Business

About the role

The ASD Dealer in the Custodial Business executes treasury and securities dealing for SBM Bank's corporate, institutional and high-net-worth clients. The role develops and maintains an active market in Government Securities and other approved fixed-income instruments, supports price discovery and secondary-market liquidity, and generates trading and distribution revenue while complying with regulatory and risk requirements. It is a full-time management-level position in Nairobi.

Key responsibilities

• Provide competitive two-way quotes and actively trade Government Securities and other fixed-income instruments in the primary and secondary markets.
• Structure and execute investment solutions for clients, monitor yields, interest rates and macroeconomic indicators, and manage trading books within approved limits.
• Serve as the primary securities trading contact for corporate and institutional clients, drive assets under custody and trading volumes, and promote fixed-income products.
• Take part in Central Bank of Kenya auctions, support bidding strategies and allocation, and coordinate settlement and reconciliation.
• Monitor market, liquidity and interest-rate risks, run valuations, yield and duration analysis, and escalate breaches of limits and mandates.
• Analyze economic, fiscal and monetary policy, prepare market commentary and investment recommendations, and support investment strategy development.
• Ensure compliance with CBK, CMA and other regulators, and with AML, KYC and sanctions requirements, and support audits and inspections.

Required profile

• Bachelor's degree in Finance, Banking, Business Administration or a related field.
• 4-7 years' experience in fixed-income trading, treasury, capital markets, securities dealing, custody or institutional sales, including Government Securities and institutional clients.
• Professional certifications such as ACI, CFA, CISI or CPA preferred.
• Strong understanding of Kenyan fixed-income markets and regulations.

Required skills

• Fixed-income valuation, yield curve and duration analysis, and interest-rate market analysis.
• Proficiency in Bloomberg, Reuters or equivalent systems, and advanced Excel and financial modelling.
• Knowledge of securities settlement, custody and primary market auction procedures.