Job Title: Money Market Dealer

Experience: 3-7 + years of experience
Location: Mumbai

Preferred qualifications: MBA/PGDM – Finance, CA, CFA or equivalent qualification.

About the Role

Key Responsibilities

* Execute money market and short-term fixed-income trades across instruments such as Commercial Papers (CP), Certificates of Deposit (CD), Treasury Bills (T-Bills), Government Securities, SDLs, TREPS/Repo and other eligible money market instrument.

* Monitor money-market rates, liquidity conditions, yield movements, spreads and market developments on a daily basis.

* Work closely with Fund Managers / Investment Teams to execute trades in line with portfolio strategy, liquidity requirements and investment mandates.

* Source and evaluate market quotes from banks, brokers, dealers and other counterparties and ensure competitive execution.

* Manage day-to-day trading requirements for liquid, money market and short-duration fixed-income portfolios.

* Track maturities, available liquidity, investment opportunities and portfolio cash requirements.

* Provide regular market updates, pricing information, trade ideas and execution insights to the investment team.

* Maintain strong relationships with banks, primary dealers, brokers and other market participants.

* Ensure timely trade confirmation, settlement and coordination with operations and other internal teams.

* Monitor transactions against investment guidelines, counterparty limits, exposure limits and regulatory requirements.

* Track RBI monetary policy, liquidity operations, market rates and other macroeconomic developments relevant to money markets.

* Maintain accurate trade records and support MIS, reporting and audit requirements.

* Coordinate with Operations, Risk, Compliance and Fund Accounting teams for smooth post-trade processing and settlement.

Required Skills & Experience

* 3–7 years of relevant experienc in Money Market Dealing / Fixed Income Dealing / Treasury / Debt Markets, preferably within an AMC or Mutual Fund.

* Hands-on exposure to money market instruments, particularly CPs, CDs, T-Bills, TREPS/Repo and short-term debt securities.

* Strong understanding of money-market dynamics, interest rates, liquidity, yields, spreads and fixed-income markets.

* Experience in trade execution and price negotiation with banks, brokers and market counterparties.

* Exposure to working with Fund Managers / Portfolio Managers / Investment Teams.

* Good understanding of RBI/SEBI regulations, investment limits and fixed-income market practices.

* Strong market awareness with the ability to track and interpret daily market movements.

* Good numerical, analytical and communication skills.

* Ability to work in a fast-paced dealing environment and make timely execution decisions.