Director- Institutional Trade Execution

First Abu Dhabi Bank; Dubai; On-site; AED 80,000 - 120,000; Full time

Job summary

First Abu Dhabi Bank in Dubai is seeking a professional to execute buy and sell orders for institutional clients while managing their relationships. Candidates should have at least 4 years of experience in relationship management and familiarity with UAE regulations.

The role involves executing trades, managing order distribution, and ensuring compliance with risk management policies. A graduate degree in finance or related fields is required, along with strong analytical skills.

Qualifications

• 4 years of experience in relationship management with at least 3 years in a brokerage firm.
• Strong understanding of ESCA and UAE markets regulations.
• Proficiency in developing market intelligence.

Responsibilities

• Execute buy and sell orders on behalf of Institutional clients.
• Ensure adherence to legal compliance and risk management policies.
• Prepare daily and weekly call reports for the Head of Desk.

Skills

Relationship management

Business development

Analytical skills

Problem-solving

Education

Graduate degree in finance/marketing/economics

Job description

Financial & Share Holders

• Operate within the target departmental Budgets as per set by the Head of Institutional Desk (10-15% of department targets)
• Achieve targets through service excellence in execution and a timely articulate execution reporting
• Work closely with Sales traders to insure best executions for all clients.

Customer (Internal & External)

• Execute Buy and sell orders on behalf of Institutional clients.
• Execute orders passed by the Sales Traders and report execution in a timely fashion. Work on sourcing liquidity from other Brokers/Clients and build a database of available block securities.
• Document orders and transactions regarding trading activities.
• Manage order distribution within the execution team.
• Perform trades manually on market system in the event of OMS breakdown (After taking the required approvals)
• Respond to customer requests for buy and sell of stocks via any authorized communication channel.
• Process orders forms and applications for purchase or sale of securities.
• Maintain a high standard of professional execution to all clients enabling them to differentiate between FABS and other players.
• Prepare documents which require physical signature of the customer.
• Perform customer information validation and order validation while taking orders on a particular transaction from the customer.
• In case of customer dispute escalation inform the Senior Sales Trader of disputes as the 1st level of escalation.
• Call assigned clients on daily or weekly bases to discuss markets and ideas
• Arrange to meet with clients himself or with sales team

Internal (Processes Products Regulatory)

• Assist the trading department in converting leads of Institutional clients by marketing the desks trading and execution capabilities and intelligence flow in all active markets and successfully presenting the service offerings of FABS and their value proposition
• Ensure adherence to legal compliance and risk management policies and procedures and regulations
• Ensuring efficient and professional management of orders execution of transactions and reporting of trades.
• Prepare daily and weekly call reports and send it to Head of Desk
• Update regularly the related clients profile sheets.

Learning & Knowledge

• Constantly enhance brokerage capabilities to cover regional and international markets.
• Keeping abreast with the product knowledge and assist in developing market intelligence.
• Undertaking programs and courses as per the regulatory requirements.
• Undergo online training programs as provided by the Organization.

Other

• Ensure a high standard of confidentiality and ethical trading to safeguard the client and the organizations best interest.
• Other duties as assigned for special projects.

Qualifications

• 4 years of experience in relationship management with at least 3 years in a brokerage firm with Broker Dealer experience preferred
• Graduate degree in finance / marketing /economics /marketing
• Strong relationship management and business development/sales skills
• Well-developed analytical and problem-solving skills
• Knowledge about ESCA and UAE markets regulations

Remote Work

No

Employment Type

Full-time