Fixed Income Trader at Tanzania Securities Limited (TSL)
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Job Description
- Department: Global Markets
- Reports To: Head of Global Markets
- Place of Recruitment: Dar es Salaam, Tanzania
- Organization tagline: Tomorrow, Today
About TSL
Tanzania Securities Limited (TSL) is a leading financial services company in Tanzania, licensed by the CMSA as a broker-dealer, fund manager, and investment adviser. TSL is a Licensed Dealing Member (LDM) of the DSE and an approved primary dealer of Government Securities, on a strategic trajectory to become Tanzania’s preferred Investment Bank.
The Role
Reporting to the Head of Global Markets, the Fixed Income Trader executes, manages, and optimises trades in government and corporate fixed income securities for TSL’s proprietary book and client portfolios.
The role demands precise market execution, rigorous risk management, and deep knowledge of Tanzania’s fixed income landscape including BoT auction processes and DSE Bond Board operations.
Job Industry
Position Reporting To
Job Salary Currency
Job Salary Fixed
NoKey Deliverables
- Execute buy/sell orders in T-Bills, T-Bonds, and corporate bonds achieving best execution for proprietary and client mandates.
- Participate in BoT primary dealer auctions with competitive bid strategies; provide two-way pricing to institutional counterparties.
- Monitor yield curve movements, interest rate outlook, and bond valuations to optimise positioning and capture trading opportunities.
- Provide daily market updates, yield curve commentary, and trade summaries to internal teams and institutional counterparties.
- Ensure timely settlement and full compliance with CMSA, DSE, and BoT regulatory standards and internal risk frameworks.
- Maintain trading blotters, books, and records; collaborate with Risk & Compliance on audit readiness.
Essential Qualities
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Special Benefits for this Position