Inter-Dealer Broker (IDB) Trader

AI summary

This is a full-time Inter-Dealer Broker (IDB) Trader position at Dicalo Consulting Group in Lagos, Nigeria. The role involves executing inter-dealer trades for bonds, FX futures, and fixed income derivatives. Candidates need a BA/BSc/HND degree and 5 years of experience. Apply before August 31, 2026.

• Founding member of proprietary trading desk
• Full-time role in Lagos
• Requires 5 years experience
• Deadline August 31, 2026

Description

Inter-Dealer Broker (IDB) Trader at Dicalo Consulting Group July, 2026 | MyJobMag Login Signup Employers Nigeria Ghana Kenya Nigeria South Africa UK Jobs Career Advice Post Job Search for Jobs Abia Abuja Adamawa Akwa Ibom Anambra Bauchi Bayelsa Benue Borno Cross River Delta Ebonyi Edo Ekiti Enugu Gombe Imo Jigawa Kaduna Kano Katsina Kebbi Kogi Kwara Lagos Nasarawa Niger Ogun Ondo Osun Other Oyo Plateau Rivers Sokoto Taraba Yobe Zamfara Administration / Facilities Agriculture / Agro-Allied Art / Crafts / Languages Aviation / Aerospace Banking Bursary and Scholarships Caregiver / Nanny / Social Workers Catering / Confectionery Construction and Site Engineering Consultancy Content, Editorial and Journalism Customer Care, Success and Service Data, Business Analysis and AI Driving Education / Teaching / Training Engineering / Technical Environment Health and Safety Finance / Accounting / Audit Food, Beverage and Hospitality General Graduate Jobs Human Resources / HR ICT / Computer Insurance Internships Janitorial Services Legal and Regulatory Logistics Manufacturing Marketing and Communication Media Production and Entertainment Medical / Healthcare NGO/Non-Profit Oil and Gas, Energy and Mining Pharmaceutical Procurement / Store-keeping / Supply Chain Product Management Project and Program Management Real Estate Research and Development RFP / RFQ / EOI Risk Management and Compliance Sales and Business Development Science Security / Intelligence Shipping and Maritime Sports, Fitness and Personal Care Strategic and Top Management Travels and Tours UX, Design and Architecture Volunteer BA/BSc/HND First School Leaving Certificate MBA/MSc/MA NCE OND Others PhD/Fellowship Professional Certificate Secondary School (SSCE) Vocational Close Detailed Search X Send this job to a friend Type the email of your friend Enter your email Type Your Email Message I think you may be interested in this position - Inter-Dealer Broker (IDB) Trader at Dicalo Consulting Group. This is the link: https://www.myjobmag.com/job/inter-dealer-broker-idb-trader-dicalo-consulting-group?utm_source=email_friend. Copy and paste link on browser if link is not working. Check it out! X Did you notice an error or suspect this job is scam? Tell us. Enter your email Type Your Message Inter-Dealer Broker (IDB) Trader at Dicalo Consulting Group View Jobs in Consulting / View Jobs at Dicalo Consulting Group Posted: Jul 24, 2026 Deadline: Aug 31, 2026 Save Email @gmail.com @yahoo.com @outlook.com Dicalo Consulting Group is a management consulting firm specializing in a range of services, including business management and setup, accounting services, business registration, business consultancy, international tax advisory, and business plan preparation. At Dicalo Consulting, our business practices are guided by a set of core values that shape our approa... Read more about this company Inter-Dealer Broker (IDB) Trader Job Type Full Time Qualification BA/BSc/HND Experience 5 years Location Lagos Job Field Banking Job Summary The IDB Trader will be a founding member of the firm's proprietary trading desk — a rare opportunity to build a market-making and prop trading franchise from inception within a well-capitalised, senior-led institution. Key Responsibilities Proprietary Trading & Execution: Execute inter-dealer trades across FGN bonds, FGN bond futures (BF02, BF10), NAFEX/FMDQ FX futures, and fixed income derivatives on FMDQ Exchange Manage live positions across multiple prop books including FX Basis, Bond Futures Arbitrage, Yield Curve Steepener, and FX Carry strategies Identify and exploit mispricings between OTC cash markets and exchange-traded derivative contracts Monitor real-time FMDQ Q-Nuggets data, NDF rates, settlement prices, and average daily turnover to inform position management. Market Making & IDB Facilitation: Provide anonymous price discovery and order matching services to bank and institutional counterparties in the inter-dealer market Build and maintain voice and electronic brokerage relationships with dealing desks at commercial banks, primary dealers, and asset managers Facilitate client flow across FGN bond secondary market, FX spot, and futures instruments. Risk Management: Operate within approved trading limits, position limits, and stop-loss thresholds as defined in the firm's Risk Framework Monitor DV01, duration, basis risk, and counterparty exposure in real time Escalate limit breaches and exceptional market conditions to the CEO immediately Maintain full audit trail and trade reconciliation for all executed transactions. Strategy & Reporting: Contribute to weekly and monthly prop desk P&L reporting, attribution analysis, and position commentary Work with the CEO and advisory team to identify new alpha opportunities as market conditions evolve Support the build-out of IDB trading infrastructure including Bloomberg/Reuters terminal setup, FMDQ connectivity, and back-office reconciliation. Qualifications and Experience Essential: Minimum 5 years' trading experience at a Nigerian commercial bank, primary dealer, stockbroking firm, or financial institution — with direct exposure to FGN bond secondary market or FX trading Demonstrable experience trading or pricing FGN bonds, Treasury Bills, and/or NAFEX/FMDQ FX products Strong understanding of FMDQ Exchange market structure, trading conventions, and settlement mechanics Familiarity with FGN bond futures (BF02/BF10) and FMDQ FX Futures pricing and basis dynamics SEC registration as Dealing Clerk, or eligibility to be sponsored. Preferred: CFA charterholder or CIBN/ICAN membership Experience at a CBN-licensed primary dealer (PD) bank — particularly in the fixed income or FX dealing room Hands-on experience with Bloomberg Terminal, Reuters Eikon, or FMDQ trading platforms Prior exposure to yield curve analysis, bond futures basis trading, or NDF/FX basis strategies Understanding of CBN monetary policy transmission, OMO operations, and their impact on fixed income pricing. Competencies and Attributes: Decisive under pressure — able to execute and size positions quickly in fast-moving markets Numerically rigorous — comfortable with DV01, carry calculations, NPV, and basis pricing High integrity — the IDB function requires strict adherence to confidentiality and market conduct standards Self-directed — able to manage a live book independently within defined risk parameters Collaborative — able to work closely with a small, senior team in a flat organisational structure Ambitious — motivated by performance-linked compensation and the opportunity to build a franchise from inception. Check how your CV aligns with this job Method of Application Interested and qualified candidates should send CVs to: cynthiaasogwa@dicaloo.com using the job title as the subject of the email. Build your CV for free. Download in different templates. Share Save Email Report Get new Banking jobs like this on Telegram. Subscribe on Telegram Send your application Your Name Your Email Your Phone Number Your Current Location Abia Abuja Adamawa Akwa Ibom Anambra Bauchi Bayelsa Benue Borno Cross River Delta Ebonyi Edo Ekiti Enugu Gombe Imo Jigawa Kaduna Kano Katsina Kebbi Kogi Kwara Lagos Nasarawa Niger Ogun Ondo Osun Other Oyo Plateau Rivers Sokoto Taraba Yobe Zamfara Subject of your Application Your cover letter Attach your CV/Doc View All Vacancies at Dicalo Consulting Group Back To Home Jobs You Might Be Interested in Team Member, Mobile Banking & USSD at Keystone Bank Unit Head - Retail Asset & Liability (East) at Keystone Bank Unit Head, SME Product (Lagos) at Keystone Bank Team Lead - SME Banking (North) at Keystone Bank Retail Business Partner, South East at Keystone Bank Dept Head - Business Analysis at Keystone Bank Dept Head, Retail Banking at Keystone Bank Dept Head, Virtual Payments at Keystone Bank Dept Head, Digital Banking at Keystone Bank Branch Sales and Relationship Management (Business Team Lead & Relationship Officers) - Abuja and North Central at Keystone Bank Branch Sales and Relationship Management (Business Team Lead & Relationship Officers) - North West at Keystone Bank Branch Sales and Relationship Management (Business Team Lead & Relationship Officers) - North East at Keystone Bank Branch Sales and Relationship Management (Business Team Lead & Relationship Officers) - South South at Keystone Bank Branch Sales and Relationship Management (Business Team Lead & Relationship Officers) - Midwest at Keystone Bank Branch Sales and Relationship Management (Business Team Lead & Relationship Officers) - West at Keystone Bank Find Your Dream Job! Signup and complete your profile so we can match you with the right employer @gmail.com @yahoo.com @outlook.com Related Companies Hiring Now Deloitte Jobs H. Pierson Associates Jobs Tusen Consulting Jobs NewRest Group Jobs BloomsFord Associates Limited Jobs Zamiva Transnational Services Jobs LEAM Consulting Limited Jobs Tybitx Services International Limited Jobs Popular Jobs Grow Out Farm Manager at Lajj Impression Nigeria Limited Field Sales Agent at Abelinis Limited Human Resources Manager at a Reputable Company Monitoring, Evaluation, Research and Learning (MERL) Officers at a Reputable Company Telesales Agent at Ombrella Insure Hotel Operations Manager at Venmac Resources Limited Head of Administration at Olukoni Educational Consultants Special Education Teacher at Thoughtful House Autism Center CAD Designer / Draftsman at Cakasa Maintenance Services Limited Sales Officer (Loans) at HerVest View Hot Nigerian Jobs Today » Career Advice Top Hiring Mistakes Nigerian Employers Make and How Recruitment Agencies Help In this article, we'll explore the most common hiring mistakes Nigerian employers make and how recruitment agencies solve them. Best Freelance Skills You Need to Earn in USD This article discusses the best freelance skills to learn if you want to earn in USD and shares tips on how you can get your first interantional client. 10 Signs You Need to Hire a Recruitment Agency This article discusses 10 clear signs you need to hire a recruitment agency, how recruitment agencies solve these problems, and when outsourcing recruitment makes the most business sense. Best Online Platforms that Pay Nigerians in USD to Train AI Looking for AI training jobs that pay in USD? Discover the best online platforms where Nigerians can earn dollars by training AI models, writing prompts, evaluating AI responses, annotating data, and more. View All Career Advice Subscribe to Job Alert Join our happy subscribers @gmail.com @yahoo.com @outlook.com Send your application through Gmail Yahoomail