Fixed Income Trader at Absa Bank Tanzania

Absa Bank Tanzania is seeking a skilled and analytical professional for the position of Fixed Income Trader in Dar es Salaam. The successful candidate will report to the Head of Trading within the CIB Global Markets function and will be responsible for supporting the day-to-day activities of the Fixed Income Trading Desk.

The role focuses on executing fixed income transactions, managing trading positions, monitoring market developments, and identifying opportunities across government bonds, corporate bonds, money market instruments, and other debt securities. The successful candidate will also work closely with clients, relationship managers, Treasury, Risk, Compliance, Operations, and other Markets teams to support revenue growth while maintaining strong risk and control standards.

The main responsibilities will include:

• Execute fixed income trades across government bonds, corporate bonds, money market instruments, and other debt securities.

  

• Manage inventory positions while optimizing portfolio returns and maintaining adequate liquidity.

• Monitor market conditions, yield curves, interest-rate movements, and macroeconomic developments.

  

• Identify and act on fixed income trading opportunities within approved strategies and risk limits.

• Provide accurate pricing, quotations, and execution services to internal and external clients.

  

• Ensure efficient trade capture, confirmation, settlement, and reconciliation.

• Monitor portfolio performance against relevant benchmarks and investment objectives.

  

• Recommend portfolio rebalancing based on market conditions and client requirements.

• Optimize risk-adjusted returns while complying with investment guidelines and constraints.

• Support asset-allocation decisions and investment strategy implementation.

• Engage with clients to understand their current and future investment requirements.

• Build and maintain relationships with institutional, corporate, and high-net-worth clients.

• Provide market updates, investment presentations, and portfolio performance reviews.

• Respond promptly to client pricing requests, inquiries, and transaction requirements.

• Provide value-added advisory services to support strong client relationships.

• Conduct research and analysis on fixed income markets, monetary policy, and economic developments.

• Monitor competitor activities, market developments, and emerging business opportunities.

• Prepare market commentary and trading recommendations for clients and internal stakeholders.

• Analyze yield-curve movements, credit spreads, and market liquidity to support trading decisions.

• Monitor market, liquidity, credit, and operational risks within approved limits.

• Ensure portfolio risk and control requirements are properly implemented.

• Escalate risk-limit breaches, unusual market activity, and significant risks promptly.

• Maintain compliance with internal policies, regulatory requirements, and governance standards.

• Ensure accurate valuation, reporting, and documentation of transactions.

• Work closely with Relationship Managers, Treasury, Operations, Compliance, Risk, and Finance teams.

• Support business-development activities and departmental revenue targets.

• Participate in product-development and process-improvement initiatives.

• Maintain relationships with brokers, counterparties, custodians, and other market participants.

• Ensure trading activities comply with applicable regulations and market-conduct standards.

• Maintain complete and accurate trading records.

• Support audit, compliance, and regulatory reviews.

• Promote ethical conduct, integrity, and fair treatment of clients.

Applicants should have the following skills and competencies:

• Comprehensive knowledge of CIB Markets products and services.

• Ability to apply Markets knowledge to develop value-adding solutions for customers.

• Strong analytical skills and the ability to interpret market conditions.

• Strong understanding of yield curves, interest-rate movements, and macroeconomic developments.

• Proficiency in pricing, quotations, and trade-execution services.

• Strong portfolio-management skills.

• Ability to monitor portfolio performance and recommend appropriate rebalancing.

• Ability to optimize risk-adjusted returns within approved investment constraints.

• Strong client-engagement and relationship-management skills.

• Ability to prepare and deliver market updates and investment presentations.

• Strong market research and market-intelligence capabilities.

• Good understanding of market, liquidity, credit, and operational risks.

• Strong knowledge of risk and control requirements.

• Ability to comply with internal policies, regulatory requirements, and governance standards.

• Strong stakeholder-management skills.

• Ability to work effectively with internal teams and external market participants.

• Understanding of regulatory requirements and market-conduct standards.

• Strong focus on accuracy, integrity, and professional judgment.

Interested and qualified candidates should submit their applications through the official Absa careers platform.

Apply for Fixed Income Trader

Position: Fixed Income Trader
Company: Absa Bank Tanzania
Location: Dar es Salaam
Employment Type: Full-Time
Deadline: 02 September 2026

This opportunity is suited to professionals with strong knowledge of fixed income markets, trading, portfolio management, market analysis, client engagement, and risk management. Applicants should be able to combine commercial awareness with disciplined execution and strong adherence to regulatory and risk controls.