Fixed Income Dealer

What you can expect from us:
We are committed to creating an environment where you can be exceptional at all you do. To help us deliver this, we promise to:

- Challenge Your Limits by creating a stimulating working environment and providing opportunities for you to be involved in meaningful and challenging work
- Support Your Aspirations with a commitment to learning and development that helps you achieve and build your experience with people who want you to succeed
- Value Your Input whereby leaders and managers will involve you in key decisions, listen to your thoughts and recognise the important contribution you make
- Balance Your Life through a work life partnership that focuses on making this an inclusive, diverse and friendly place to work and offers the flexibility and support that enables everyone to be at their best

**The Role**:
**Key Work Level Accountabilities**:
Manager or Expert:

- For people managers, accountable for managing and motivating others to ensure quality of delivery to customers and stakeholders
- Applies judgement to deliver outcomes, evaluating a range of potential solutions, considering the impact for customers, cost and risk
- Manages conflicts that may impact delivery
- Challenges upwards given knowledge of delivery and awareness of complex systems and the broader picture
- Identifies and anticipates need for changes to continuously improve quality and efficiency of output
- Manages resources and risks using expert judgment, know-how and experience

**Key Responsibilities for this role**:

- Dealing Responsibilities:_
- Ensuring that all trades are executed in a timely and orderly manner, that best execution is achieved, and that allocations are fair.
- Understanding of local TCA activities utilizing BTCA & BestX reporting.
- Maintaining relationships with internal and external stakeholders including Counterparties and ensuring that Counterparty risk limits are not breached.
- Ensuring that all trades are entered correctly into the trading system or paper tickets, all errors are reported and trade data around best execution is recorded.
- Ensure Fund managers are challenged when correct dealing procedures are not followed.
- Ensuring the escalation of all operational concerns to senior management (incl., but not exclusively relating to: Conflicts, TCF, suspicious trading activities etc.
- Ensuring internal guidelines and MAS regulations are adhered to.
- Ensuring that actions are in accordance with M&G’s Business Principles and with the Regulators principles on good conduct and market integrity.
- Ensure that our customers are treated fairly.
- Ensure dealing errors and breaches are minimised.
- Ensure key risks and operational concerns are escalated to the management team.
- General Responsibilities:_
- Having a good understanding of the key measurements and key risk and controls of the Dealing function.
- Provide input into the TERF meetings and contribute to the Hit Ratio% analysis etc.
- Regular reporting such as Quote Exceptions and Timely Execution Exceptions.
- Having a good understanding and adhere to the Desk controls.
- Provide inputs to regular report & statistics production for the Trade Execution Review Forums and Dealing Management Committee.
- Work with management to improve processes, customer outcomes, ensuring risks are understood and controls are appropriately applied.

**Key Knowledge, Skills & Experience**:

- Required:_
- Demonstrable track record and experience on Fixed Income dealing
- Fulfil regulatory requirements
- Good communication skills, both written and verbal, and able to liaise effectively with personnel at all levels.
- A understanding of Fixed Income investment products and the asset management industry.
- High level of accuracy and attention to detail.
- Bright, enthusiastic and proactive. Due to the nature of the role, a self-starter is essential.
- P.C. literate and able to work effectively under pressure and to tight deadlines.
- Demonstrable experience on developing and maintaining relationships with key internal and external contacts.
- Good team player with flexibility and ability to prioritise and organise multiple concurrent activities.
- Desired:_
- Understanding of risk and control within the asset management industry.
- Experience of maintaining procedural documentation.
- Knowledge of asset classes (Fixed Income, Equities, FX and Derivatives)
- Professional qualifications, such as IMC or CFA etc
- Previous knowledge / use of Aladdin.
- Experience of managing complicated processes with a focus on risk reduction, standardisation and automation.

We live by four behaviours at M&G and we ask all our employees to:

- Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed
- Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas
- Deliver Results - Focus on outcomes, set high standards and deliver with ener