Director Fixed Income & Interest Rate Strategy en Cba

• Are you a senior professional in Fixed Income or Rates Research?
• Do you have a deep understanding of the AUD and NZD macro markets?
• We're looking to reinforce our leading market position with a new local expert.

Sydney or New Zealand based

See yourself in our team:

Institutional Banking and Markets is responsible for managing the Group’s relationships with major corporate and government clients and institutional investors, and provides a full range of capital raising, transactional and risk management products and services. Our purpose is to enhance our clients’ success through market-leading capabilities and unique insights. It’s part of our DNA.

Commonwealth Bank has a leading team of economists and strategists who provide insights, forecasts and updates on domestic, international, sustainable, commodity, and financial economic trends.  The Global Economic & Markets Research (GEMR) team publish, daily, weekly and monthly reports, podcasts and ad-hoc notes.

The Interest Rate Strategist will play a key role in developing and communicating CBA’s views on Australia, New Zealand and global bond and interest rate markets to internal stakeholders and external clients.

You will report to the Head of Market Strategy & Rates Research, who reports to the Chief Economist and Executive General Manger for Global Economic and Markets Research

You will work closely with Sales, Trading, DCM, QDAT and Research teams to cover a wide range of clients across numerous segments, including Business Bank, Corporate and Institutional (such as business and corporate banking customers, Superannuation Funds, Asset Managers, Central Banks, Hedge Funds and other Financial Institutions). 

Do work that matters:

The purpose of this position is to play a leading role in establishing, developing and articulating CBA’s strategic views on Australia, New Zealand and global interest rate markets to the Bank’s staff and clients.

There is a key focus on provision of executable Australia and New Zealand fixed income and interest rate trade ideas. The role is an integral senior part of the Research team, and broader Global Markets and Institutional Banking teams.

You will work closely with the Institutional sales teams and Global Markets teams such as Structuring, Research and Trading. You will also work closely with other teams within IB&M, such as Client Solutions and Risk, responsibilities include:  

• Accountable for independently developing interest rate trade ideas and producing relevant, regular and timely notes with minimal supervision.   A strong market awareness, incorporating strategic, quantitative and economic considerations is expected.
• Coverage may include pieces on Australian and NZ OIS and swap markets, BBSW, BKBM, SOFR, domestic and cross-currency basis swaps, options (bond and swap), and relevant regulatory and banking issues as required.
• Leading role in provision of fixed income ideas, including bonds, semis, agencies, SSAs as appropriate.
• Use and support further development of CBA market database and quantitative analysis (QDAT) as appropriate.
• Liaison and support to Fixed Income & Rates Trading, DCM and Sales teams in line with compliance and regulatory guidelines.
• Pro-active marketing role/presence with relevant client base, particularly balance sheets & institutional investors.
• Contribution and adherence to CBA policies including confidentiality requirements, media and privacy policies alongside all compliance related protocols including the bank’s Research Procedures.
• Adding value to CBA’s clients and CBA’s internal Sales and Trading staff through the provision of timely strategy views and advice.
• Travel to meet and present strategy to the CBA Group’s clients as required (domestically and internationally).
• Lift the profile of CBA with our key institutional, corporate and investor client base.

We’re interested in hearing from people who have:

• Strong in-depth knowledge of global financial markets, particularly Australia, New Zealand, and US bond, option and interest rate markets and products.
• Strong understanding of regulatory, fiscal and central bank policies and implementation thereof.
• Analytical with strong problem solving, numerical and verbal reasoning skills
• Ability to take responsibility for on-going distribution of notes & views when Head of Rates Research away.
• Strong influencing, written & verbal communication skills, including potential media exposure.
• Team-orientated attitude is essential. As is the ability to work independently.
• Proven commitment to comply with regulations, policies and process
• Tertiary qualifications in finance, commerce, mathematics, or economics (preferably honours or above).
• Preferably AFMA accredited or similar internationally.
• CFA, Masters of Finance or MBA qualifications desirable.

This opportunity will suit an existing Director or an individual looking for a challenge and will give you exposure to a wide range of stakeholders whilst being part of a team that is focused, smart, hardworking and passionate about our shared vision to create the very best experience for our customers.

As the successful applicant you'll be rewarded with a structured career path within Global Markets that offers exposure to a wide range of clients and products, a competitive market salary, annual performance incentives, a flexible working environment and long term opportunities with CBA.