Inter- Dealer Broker (IDB) Trader
AI summary
Dicalo Consulting Group seeks an experienced Inter-Dealer Broker Trader to execute proprietary trading strategies in FGN bonds, FX futures, and derivatives on FMDQ Exchange. Requires 5+ years of trading experience in Nigerian financial markets and strong familiarity with FMDQ ecosystem. Send CV to cynthiaasogwa@dicaloo.com with job title as subject.
- Full-time position based in Lagos Island, Lagos.
- Minimum 5 years of trading experience at a Nigerian financial institution required.
- Must have strong understanding of FMDQ Exchange and FGN bond markets.
- SEC registration as Dealing Clerk or eligibility to be sponsored needed.
AI job guide
Use this guide to check salary signals, requirements, documents, application steps and safety before you apply.
AI salary guide
Not enough public dataNot enough public salary data is available for this exact role. Before applying, prepare to ask about gross pay, benefits, contract length, probation period, transport and any allowances.
Can you qualify for this role?
- Required5+ years of relevant experienceThe job post includes a minimum experience signal.
- RequiredEducation or certification mentioned in the postThe captured text mentions education, a diploma, certificate, or licence.
- PreferredPractical evidence in sales, internship, financeThe tags and summary point to skills connected with this role.
- RequiredAvailability to work in Not specifiedThe vacancy is associated with this location.
- UnclearComfort with the Full Time contract termsConfirm hours, duration, probation and benefits at the original source.
Documents to prepare
- Likely requiredUpdated CV
- Role specificCover letter or short employer message
- OptionalProfessional references
- Role specificAcademic or professional certificates
- VerifyID or passport only after verifying the employer
Application tips for this job
- Place your strongest Inter- Dealer Broker (IDB) Trader evidence in the first half of your CV.
- In your cover letter or employer message, connect your experience to Dicalo Consulting Group and the role in Not specified.
- Add concrete examples related to sales, internship, finance, ideally with measurable outcomes or clear responsibilities.
- Follow the instructions from MyJobMag Nigeria; avoid sending documents to unofficial contacts or copied links.
- Confirm the deadline, interview location and employer contact before sharing personal documents.
- Prepare a polite question about pay, benefits and contract terms for later interview stages.
Source and safety check
- MyJobMag Nigeria
- Original source link available
- Application method is clear
- Deadline not specified
- No major risk signal was detected in the captured text.
Never pay for interviews, shortlisting, medical checks, uniforms, or job placement. Confirm every application at the original source before sharing personal documents. Report suspicious listing.
Interview preparation
- What experience makes you a strong fit for this Inter- Dealer Broker (IDB) Trader role in sales, internship?
- How have you handled responsibilities similar to those in this job post?
- Are you available to work in Not specified under the listed contract or schedule?
- Prepare examples with clear responsibilities, tools used and measurable outcomes.
- Review the source and research Dicalo Consulting Group before the interview.
Ask what the first priorities will be in the role and how success will be measured.
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Original source description
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 City Lagos Island Job Field Sales and Business Development Job Summary The IDB Trader will be responsible for executing and managing proprietary trading positions across the firm's inter-dealer broker books, with a focus on FGN bond futures arbitrage, FX basis trading, yield curve positioning, and FX carry strategies. The role requires deep familiarity with the FMDQ Exchange ecosystem, Nigerian fixed income market microstructure, and derivative instrument pricing. 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 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 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. Strategy & Reporting: Support the build-out of IDB trading infrastructure including Bloomberg/Reuters terminal setup, FMDQ connectivity, and back-office reconciliation Qualifications & Experience: Essential: Bachelor's degree in Finance, Economics, Accounting, or a quantitative discipline 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 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. Check how your CV aligns with this job Method of Application Interested and qualified candidates should send their CV to: cynthiaasogwa@dicaloo.com using the Job Tittle as the subject of the mail. Build your CV for free. Download in different templates.