Associate Director, FX & Rates Trading

First Abu Dhabi Bank FAB; Abu Dhabi; On-site; AED 360,000 - 560,000; Full time

Job summary

First Abu Dhabi Bank (FAB) in Abu Dhabi is seeking a dynamic FX & Rates professional to join the desk, manage flow, and take measured risk across multiple currencies. You will report to a currency head and support sales to strengthen the FAB franchise.

The role emphasizes teamwork, risk control, and market-making across G10 currencies with heavy collaboration with distribution and clients in the region.

Qualifications

• Degree level ideally Bsc./BA. Finance/Economics/Science.
• Minimum of 3-5 years in markets.
• Proven track record of teamwork.
• Proven track record on managing risk effectively and delivering consistent financial performance.
• Exceptional technical skills and product knowledge.
• Market analytical capabilities (technical and fundamental).
• Excellent numerical skills.
• Ability to operate at a high level under extreme pressure.
• Team oriented.
• Confident.
• Business focus.
• Presentation skills.
• Experts excel/spreadsheet skills.
• Highly numerical.
• Highly analytical and able to process substantial amounts of information in a timely manner.
• Technically proficient in excel, numeric and able to build and support trading sheets.
• Competent teacher.

Responsibilities

• Managing risk within the given parameters and in a profitable manner.
• Pricing deals with the mentality to win deals and support the business.
• Contribute to maintaining FAB s position as a top market maker in the MENA region space.
• Preparing marketing material and collaborate with distribution.
• Travelling where necessary.
• Covering long shifts.
• Capability of handling large flows/risk.
• Maintaining a high degree of discipline when trading.
• Generating trade ideas and writing market updates.
• Engaging market counterparties daily to price and execute trades.
• Interacting with internal customers and external ICC RM to enhance client relationships.

Skills

Teamwork

Risk management

Pricing

Market analysis

Numerical skills

Presentation

Discipline under pressure

Communication

Trading strategies

Attention to detail

Education

Bachelor's degree in Finance/Economics/Science

Tools

Excel

Job description

Job Summary:

FX & Rates is looking for a team player to join the desk and add immediate value to this dynamic unit with an experience in the EM space, ideally in Sub-Saharan Africa and Egypt. You will be reporting into a currency head and trained by the whole team with the aim of managing flow and taking measured risk across a number of different currencies. We are looking for someone who has a lot of energy, enthusiasm and initiative, who can learn on the job and support sales in order to support the entire business.

The G10 FX & Rates desk is a multi-currency, multi product desk which aims to facilitate customer flow in order to grow the FAB franchise. It requires active management to leverage this flow as well as to add alpha through directional positioning of the portfolio.

Key Responsibilities:

• Managing Risk within the given parameters and in a profitable manner
• Pricing Deals with the mentality to win deals and support the business
• Contribute to maintaining FAB s position as a top market maker in the MENA region space
• Preparing marketing material and collaborate with distribution
• Travelling where necessary
• Covering long shifts
• Capability of handling large flows/risk
• Maintaining a high degree of discipline when trading
• Generating trade ideas and writing market updates
• Market Counterparties
  • How Often: Daily
  • Method: Verbal, Writing and in person
  • Purpose: provide pricing/market our products and capabilities/execute trades
• Internal Customers
  • How Often: Regular
  • Method: Verbal, Writing and in person
  • Purpose: provide pricing/execute trades/give commentary and viewpoint on market conditions
• External Customers
  • How Often: adhoc basis
  • Method: Verbal, Writing and in person
  • Purpose: provide support to respective ICC RM in the enhancement of the client relationship

Requirement and Qualification:

• Education: Degree level ideally Bsc./BA. Finance/Economics/Science
• Experience: Minimum of 3 - 5 Years in markets
• Proven track record of teamwork
• Proven track record on managing risk effectively and delivering consistent financial performance
• Exceptional technical skills and product knowledge
• Market Analytical Capabilities (Technical and fundamental)
• Excellent numerical skills
• Ability to operate at a high level under extreme pressure
• Team oriented
• Confidentt
• Business focus
• Presentation skills
• Experts excel/spreadsheet skills
• Highly numerical
• Highly analytical and able to process substantial amounts of information in a timely manner
• Technically proficient in excel, numeric and able to build and support trading sheets
• Competent teacher