Director- HNWI Trade Emiratized

First Abu Dhabi Bank; Dubai; On-site; AED 300,000 - 400,000; Full time

Job summary

A leading bank in the UAE is seeking an experienced broker to oversee day-to-day trading operations. The successful candidate will monitor broker performance and ensure compliance with market regulations. Responsibilities include developing operational procedures and managing client relationships. The ideal candidate will have at least 8 years of broker experience, fluency in English and Arabic, and possess strong organizational skills. This fulltime role is based in Dubai, with a focus on maintaining the integrity of trading activities.

Qualifications

• Graduate with a discipline in a relevant subject.
• 8 years of broker experience.
• UAE licensed broker.

Responsibilities

• Review day-to-day trading activities in the assigned branch.
• Ensure compliance with market regulations and internal policies.
• Monitor brokers' performance and approve trading activities.

Skills

Broker experience

Organizational skills

Fluency in English

Fluency in Arabic

Education

Relevant discipline degree

Job description

• Responsible for reviewing day‑to‑day trading activities in the assigned FABS branch.
• Continuously monitors and reviews brokers’ performance in the assigned FABS branch and approves activities concerning the trading strategies to ensure profitability for the company through the trading equity for FABS clients as per the company’s policies and procedures and market regulations.
• Responsible to ensure the best standards and promote the best interests of clients, serving their trading needs and the integrity of the markets.
• Achieve financial targets for him and his team.
• Has responsibility for ensuring customer satisfaction of clients and investors trading activities in compliance with SCA, DFM and ADX rules and regulations.
• Responsible for ensuring compliance with all regulatory requirements to the conduct of trading activities so as to promote the best interests of clients and the integrity of the company and the market.
• Ensure compliance of dealing brokers with SCA standards and FABS code of conduct and all FAB and FABS policies and procedures and ethics.

KEY ACCOUNTABILITIES

• Develop operational procedures for brokers to ensure that only client and legitimate transactions are processed by the company.
• Ensure operational policies and procedures are updated in line with any rules and regulations introduced by SCA, DFM and ADX, and ensure proper implementation by the brokers: this will include reviewing non‑compliance instances with internal audit/compliance officers and agreeing remedial actions.

Job Context

• Review and spot‑check day‑to‑day processes ensuring complete abidance by CSR and brokers appointed to specific FABS workplaces with our internal P&P in addition to the policies stipulated by our regulators, sign off on all executed trades for the assigned brokers on a daily basis.
• Manage personal production to exceed the hurdle rate multiples set by management and additionally ensure that all brokers assigned meet the same criteria target.
• Ensure best practice is maintained across FABS workplaces in line with company policies and procedures and regulators by communicating with the compliance officer on a daily basis and reporting any issues or concerns related to trading.
• Remain in contact with individual and HNWI clients that you are covering and assist brokers assigned to you with any support they need regarding their clients.
• Remain in contact with individual and HNWI clients that you are covering and assist brokers assigned to you with any support they need regarding their clients.
• Remain in contact with FABS branch managers in order to facilitate one‑stop‑shop banking services for your valued clients.
• Prepare daily and weekly reports about trading activities for assigned brokers to the head of trading.
• Cross‑sell all FABS products as directed by head of sales.
• Ensure that systems in place are properly controlled for any misuse by staff or by brokers and that they are properly updated to incorporate any updates on trading rules as instructed by regulating authorities or by ADX and DFM.
• Follow up with FABS/research desk regarding any market information.
• Manage all daily trading desk work.
• Liaise with operations head to ensure all trading activities and irregularities (alteration and cancellation) are properly recorded in back‑office system.
• Any other duties referred by FABS management.

Qualifications

• Graduate with a discipline in a relevant subject.
• 8 years of broker experience.
• UAE licensed broker.
• Self‑motivated with potential for professional growth.
• Able to work under pressure to meet deadlines.
• Good organizational/administrative skills.
• Fluency in written and spoken English and Arabic.
• Computer literate.
• Proven ability to deal effectively with different types of personalities.

Remote Work

No

Employment Type

Fulltime