Job Purpose: This position is primarily responsible for developing L2’s business revenue and volume, market coverage, and sales distribution of fixed income securities and primary bond issuances for a defined market segment (i.e., corporate, institutional, financial institutions, bank trust groups, rural banks, insurance companies & GOCCs).
Responsibilities:
- Works as a team in developing new businesses, identifying prospective clients, and strengthening customer relationships through daily market updates, price levels and indications, sales calls, and presentations.
- Performs daily fixed income trading and brokering in the secondary market for assigned segments.
- Ensures the completeness of all required documents such as client securities account and know-your-client documents and coordinates with the clients or branch RMs for the submission of the same while performing enhanced due diligence as needed for high-risk clients.
- Observes and stays within the Bank-approved dealer’s limit, counterparty lines, pre-settlement risk, and settlement risk lines.
- Maps deals in Bloomberg and encodes them in the approved internal system (currently TMS) for settlement and reporting purposes.
- Performs book building activities during primary offers.
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