Specialist- Derivatives

First Abu Dhabi Bank; Abu Dhabi; On-site; AED 120,000 - 170,000; Full time

Job summary

First Abu Dhabi Bank is seeking a professional to join their Global Markets department managing Derivatives transactions. The role includes ensuring timely validation and settlement of trades while monitoring operational processes. Candidates should have a Bachelor's degree and extensive experience in banking operations.

Qualifications

• Minimum 5 years relevant experience in the banking sector.
• At least 2 years in similar positions with increasing responsibilities.

Responsibilities

• Ensure Derivatives transactions are validated, confirmed, and settled timely.
• Monitor reconciliation reports to resolve breaks and escalate as needed.
• Capture and book all life cycle events accurately.

Skills

Analytical Skills

Attention to Detail

Communication

Education

Bachelor's degree in Business Accounting or related discipline

Job description

To ensure that all Derivatives related transactions executed by the Global Markets department are successfully matched validated confirmed and settled within the agreed timeframes in the appropriate systems. To ensure that all life cycle events are captured booked and instructed accurately. To monitor all breaks derived from the reconciliation report to resolve them and to escalate where necessary.

Products handled by Derivatives team include:

• IRS / Structured IRS
• Asset Swaps
• Cross Currency Swaps
• FX Options
• FX Structures
• Exchange Traded Futures & Options
• TARF / TARN
• Total Return Swaps
• Credit Default Swaps
• Duel Currency Deposits
• Commodity Options Swaps & Spreads
• Equity Options
• Swaptions
• Cap / Floors / FRA
• PRS
• Private Equity
• Margin Trading

Qualifications :

Minimum Qualification

• Bachelors degree in Business Accounting or related discipline.

Minimum Experience

• 5 years relevant experience in the banking sector with at least 2 years in similar positions of progressively increasing responsibilities in an Operations function.

Remote Work :

No

Employment Type :

Fulltime