MIFOR Trader

Role Overview: You will be responsible for executing and managing trades in MIFOR swaps, interest rate swaps, and cross-currency swaps. As a market maker, you will cater to corporate clients, FIIs, and interbank counterparties. Your role will involve monitoring and managing interest rate, currency, and liquidity risks, identifying trading opportunities, and structuring hedging solutions for clients such as ECB or loan book hedges. It is crucial to stay informed about global and domestic interest rate movements, yield curves, and macroeconomic indicators to make well-informed trading decisions. Strict adherence to RBI and FEMA guidelines is essential, along with maintaining accurate daily P&L, risk reports, and trade confirmations. Collaboration with sales, research, and risk teams will be required to align client flows with market strategies. This position integrates proprietary trading, client servicing, and risk management within the treasury function. Key Responsibilities: - Execute and manage trades in MIFOR swaps, interest rate swaps, and cross-currency swaps - Act as a market maker for corporate clients, FIIs, and interbank counterparties - Monitor and manage interest rate, currency, and liquidity risks - Identify trading and arbitrage opportunities - Structure hedging solutions like ECB or loan book hedges for clients - Stay updated on global and domestic interest rate movements, yield curves, and macroeconomic indicators - Adhere strictly to RBI and FEMA guidelines - Maintain accurate daily P&L, risk reports, and trade confirmations - Coordinate with sales, research, and risk teams to align client flows with market strategies Qualifications Required: - Bachelor's degree in finance, economics, or a related field - Prior experience in trading MIFOR swaps, interest rate swaps, and cross-currency swaps - Strong understanding of financial markets, interest rate movements, and risk management principles - Excellent analytical and decision-making skills - Knowledge of RBI and FEMA guidelines related to trading - Ability to work collaboratively in a fast-paced environment - Effective communication and interpersonal skills (Contact Number & Email Address: 8982228666 / pratiksha.gajjar@skillventory.com),