Company Description
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
Job Purpose:
Launching and Managing an Equity Financing activity. Integrated in the Global Securities Financing team recognized for its solid expertise in Credit repo, you will be the one person in charge of launching and managing an Equity financing trading activity within First Abu Dhabi Bank. The client-driven model that proved to be profitable and sustainable with fixed income will have to be replicated in Equity Finance to offer clients from GCC, in particular but not only, liquidity, short-covering in various jurisdictions and an easier access to local shares. You will bring your contribution to build P&L or Risk reports and advice on improving processes for trading decisions or FO-to-BO. In your role, you will have to frequently interact with the structuring team to elaborate new products and enrich the bank’s offer as well as optimize the use of capital and generate alpha from inherited positions. You will bring your support to the sales force to onboard new clients.
Key Accountabilities:
- Launch a client-driven Equity financing trading activity
- Optimization of use of scarce resources
- Carefully manage your risk and reach P&L target defined for the activity
- Contribute to develop reports and processes for a reliable follow-up of the business
- Help spreading your expertise within the GSF team
- Onboard the use of swap, futures, options within the GSF perimeter to make sure synergies are developed and all the value is extracted from the activity
#LI-Onsite
Qualifications
- A minimum of 10-year experience in the capital markets industry with a strong and proven track record in Equity trading and particularly Equity Financing.
- Practical knowledges in usual products used in Equity financing activity (TRS, IRS, Futures, Options, …)
- Knowledge in Middle East equity markets
- Being familiar with Murex and Triparty platforms
- Autonomous and entrepreneur with a team spirit
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
