Yubi stands for ubiquitous. But Yubi will also stand for transparency, collaboration, and the power of possibility.
From being a disruptor in India’s debt market to marching towards global corporate markets from one product to one holistic product suite with seven products
Yubi is the place to unleash potential. Freedom, not fear. Avenues, not roadblocks. Opportunity, not obstacles.
About Yubi
Yubi, formerly known as CredAvenue, is re-defining global debt markets by freeing the flow of finance between borrowers, lenders, and investors. In March 2022, we became India’s fastest fintech and most impactful startup to join the unicorn club with a Series B fundraising round of $137 million.
Yubi Markets is a one stop platform for all wealth products & partners, Yubi Markets, an organization dedicated to the cause of wealth managers & financial advisors in India.At Yubi Markets, we understand that clients expect a one-stop shop experience when it comes to financial products (NCDs, FDs, PMS, Mutual funds etc). We have therefore designed our platform likewise enabling partners and investors to manage needs from a single place. Yubi Group through its subsidiary Aspero specializes in high-rated, short-term non-convertible debentures (NCDs) across the credit rating scale. Aspero offerings yield between 8% to 15%, providing returns that outpace traditional investments like fixed deposits and mutual funds.In the last 4 years of our existence, we have earned the trust & support of the wealth ecosystem. Our goal is to democratize access to high quality financial products to consumers in India through technology & enabling access to investors across categories.
Job Purpose:
We are seeking a seasoned Fixed Income Dealer to participate in the secondary actively and primary market for debt instruments. The ideal candidate will have deep understanding of the OTC market and strong connections with debt market participants including debt brokers, financial institutions, mutual funds, and issuers to facilitate efficient sourcing and trading at favorable prices.
Key Responsibilities:
- Dealing in all fixed income instruments - G-Sec/SDLs, Corporate Bonds, CP/CDs, T-Bills, PTCs
- Cultivate and maintain robust relationships with key players in primary and secondary debt trading, including debt brokers, financial institutions, mutual funds, and issuers.
- Source and execute transactions in the corporate bond segment ranging from AAA to A rated segment with optimal pricing and liquidity
- Leverage an extensive market network to identify supply sources, negotiate deals, and execute trades seamlessly.
- Initiating and monitoring the transactions end-to-end from origination till closure
- Serve as a trusted dealer, offering deep market insights and efficiently connecting buyers and sellers across various trading channels.
- Continuously monitor market movements, participant activities, and regulatory changes impacting debt market.
- Perform trade management and reconciliation by liaising with internal and external stakeholders to ensure smooth execution and settlement of trades.
Requirements
Experience:
- 10+ years of experience in the debt/secondary market, primarily in a dealing role.
Background:
- Preferably from a debt broking desk or a wealth management firm actively engaged in market trading, with a focus on the Corporate Bond segment.
- Demonstrated ability to source and trade with large brokers and institutions
- Well-established connections with market intermediaries and counterparties in debt market.
- Possess a deep understanding of OTC and listed debt markets, with the confidence to engage effectively with internal stakeholders as well as market participants
Preferred Background:
- Hands-on experience working with a broking desk or wealth management firm handling debt/credit instruments.
