Director- HNWI Trade Emiratized

• 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 concerned with 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 for ensuring the best standards and promoting the best interest of clients while serving their trading needs and maintaining 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 concerning trading activities to promote the best interest of clients and the integrity of the Company and market.
• Ensure compliance of dealing brokers with SCA standards, FABS code of conduct, and all FAB and FABS policies, 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 on remedial actions.

Job Context:

• Review and spot-check day-to-day processes ensuring complete adherence by CSR and brokers appointed to specific FABS workplaces with our internal policies and procedures, 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; additionally, ensure that all assigned brokers meet the same target criteria.
• Ensure best practices are maintained across FABS workplaces in line with company policies and procedures and regulators by communicating with the compliance officer daily and reporting any issues of concern 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 FABS branch managers 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 FAB products as directed by the head of sales.
• Ensure that systems in place are properly controlled for any misuse by staff or brokers and are properly updated to incorporate any updates on trading rules as instructed by the regulating authority 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 (alterations and cancellations) are properly recorded in the 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 and 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: Full-time