First Abu Dhabi Bank is an inclusive environment where each person values the experiences, perspectives, ideas and beliefs of others. We’re in a unique position to learn from all our colleagues, combining international experience with deep cultural knowledge and local expertise. At FAB, you’ll have the support of your team and a strong relationship with your line manager, who will trust you with responsibility and recognize your good performance. As we embrace different ways of seeing the world, listening to each other and respecting different viewpoints, we grow stronger – together.
Job Description- Responsible for reviewing day-to-day trading activities in the assigned FABS branch.
- Continuously monitors and reviews broker’s performance in the assigned FABS branch and approves activities concerned with the execution of trading strategies to ensure profitability for the company through the trading equity for FABS Clients as per the company’s policies and procedures and markets’ regulations.
- Responsible to ensure a best Execution standards and to promote the best interest of clients and serve 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 interest of clients and the integrity of the Company and 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 insure that only client and legitimate transactions are processed by the company.
- Insure operational policies and procedure are updates in line with any rules and regulations introduced by SCA, DFM and ADX. And insure 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 work places 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 exceeding the hurdle rate multiples set by management, additionally ensure that all brokers assigned are meet same criteria target.
- Ensure best practice in execution is maintained across fabs work places in line with the company policies and Procedures and regulators by communicating with compliance officer on a daily basis and report any issues of concerns related to the 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 fab 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 selling all fab products as directed by head of sales.
- insure that systems in place are properly controlled for any miss use by staff or by brokers and they are properly updated to incorporate any updates on trading rules as instructed by regulating authority or by adx and dfm.
- follow up with fabs/research desk regarding any market information.
- manage all daily the trading desk work.
- liaise with operations head to ensure all trading activities and irregularities (alteration and cancelation) are properly recorded in back office system.
- any other duties referred by fabs management
#LI-RA1
Qualifications- Graduate with a discipline in a relevant subject.
- 8 years brokers experience.
- UAE Licensed broker.
- Self-motivated with potential professional growth.
- Able to work under pressure to meet deadlines.
- Good organizational /administrative skills.
- Fluency in written + spoken English and Arabic.
- Computer literate.
- Proven ability to deal effectively with different types of personalities
Similar Jobs
What We Do
FAB, the UAE’s largest bank and one of the world’s largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises. Headquartered in Abu Dhabi, in Khalifa Business Park, the bank’s international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates. To empower its customers and clients to Grow Stronger, FAB is initiating a powerful movement, which goes beyond banking. The Grow Stronger movement represents the bank’s promise to support its stakeholders’ goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future. Through a strong, diversified balance sheet, leading efficiency and a solid corporate governance structure in place, FAB is set to drive growth forward. Privacy Policy https://bit.ly/3iORn8G
