At a Glance
- Tasks: Originate and develop client relationships while executing fixed income transactions.
- Company: FCA-authorised investment firm with a focus on innovative trading services.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Entrepreneurial role with excellent potential for revenue generation and career advancement.
- Why this job: Join a high-touch trading desk and make an impact in the financial markets.
- Qualifications: Established network in fixed income and strong trading skills required.
The predicted salary is between 60000 - 80000 £ per year.
About the Company
Our client is an FCA-authorised investment firm providing brokerage and trading services to institutional, professional and retail-facing brokers and wealth managers.
The business provides access to global markets through a combination of electronic and high-touch execution services, supported by established operational, compliance and technology infrastructure.
As part of its growth strategy, the firm is developing a high-touch fixed income trading desk operating through a matched principal, inter-dealer-style business model.
The desk will focus on originating client order flow, sourcing liquidity, matching buyer and seller interest, and facilitating fixed income transactions within a controlled and regulated environment.
Role Purpose
The Fixed Income Producer-Trader will be responsible for originating, developing and monetising client relationships while executing fixed income transactions on a high-touch basis.
This is a front-office, revenue-generating role requiring the successful candidate to bring, maintain and grow their own client relationships and trading book.
The successful individual will operate across both sales and trading, identifying opportunities, covering clients directly, sourcing liquidity, negotiating prices, executing trades and managing the full commercial trading relationship.
There is no separate fixed income sales team, making this role particularly suited to an entrepreneurial fixed income professional with an established network of clients, counterparties, dealers, market makers and liquidity providers.
The successful candidate will be expected to build and develop a profitable, flow-based business within the firm's regulatory, risk and operational framework.
Key Responsibilities
- Client Origination and Revenue Generation
- Bring an established network of fixed income clients, counterparties and market relationships capable of generating executable order flow.
- Develop, manage and grow a personal client book across institutional, professional, broker, wealth management and other eligible client segments.
- Actively originate trading opportunities through direct client coverage, market colour, axes, reverse enquiry, runs and idea generation.
- Liquidity Sourcing and Execution
- Source liquidity for institutional clients, acting as a principal intermediary between clients and sourcing liquidity from dealers and other market participants.
- Develop and implement strategies to enhance liquidity access while ensuring best execution and adherence to regulatory requirements.
- Negotiate pricing and execute fixed income transactions across relevant markets and counterparties.
- Product Coverage
- The role may cover a broad range of cash fixed income instruments, including:
- Government bonds and treasury securities.
- Investment grade corporate bonds.
- High yield bonds.
- Emerging market bonds.
- Supranational, agency and municipal securities, where applicable.
- Repo products.
- Counterparty and Liquidity Management
- Maintain and expand relationships with dealers, brokers, market makers and other liquidity providers.
- Source competitive liquidity for client orders across multiple counterparties and venues.
- Build a strong network of market participants to support the growth and profitability of the trading business.
- Regulatory Compliance and Risk Management
- Ensure all trading activity complies with applicable FCA regulations, internal policies and market best practices.
- Work closely with compliance and risk management teams to ensure adherence to relevant regulatory and risk frameworks.
- Maintain high standards around best execution, market abuse prevention and other applicable European and international regulatory requirements.
- Key Performance Indicators
Success in the role will be measured through
- Revenue generated from the individual's client book.
- Growth in client relationships and active trading accounts.
- Profitability of matched principal or riskless principal transactions.
- Breadth and quality of liquidity-provider relationships.
- Conversion of client enquiries into executable trades.
- Growth and profitability of the overall fixed income trading activity.
Fixed Income Trader in Slough employer: Venquis
As a Category & Sourcing Manager at our company, you will thrive in a dynamic work culture that prioritises innovation and collaboration. We offer competitive benefits, including professional development opportunities tailored to enhance your skills in procurement and supply chain management, all while working in a location that supports cutting-edge data centre operations. Join us to be part of a team that values your contributions and fosters growth in a rapidly evolving industry.
StudySmarter Expert Advice🤫
We think this is how you could land Fixed Income Trader in Slough
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Venquis. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Fixed Income Trader in Slough
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Venquis.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Venquis's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Venquis
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Venquis.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Venquis will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Venquis employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
