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 PURPOSE:

Arrange and handle all Advisory & Institutional Trading Desk Middle Office operations (send end of day trade confirmations, respond to institutional clients’ requests, and coordinate with settlement team …), process Institutional account opening and arrange with Back Office team to open it in the system within agreed terms.

ACCOUNTABILITIES:

Generic Accountability

Customer (Internal & External):

Generate and ensure end of day Trade confirmations, statements sent to advisory/institutional clients.

Arrange with clients, settlement team (If needed) on client trade settlement.

Open advisory/institutional client accounts on Equator (local markets) and arrange with back office to open the relevant accounts on the trading system within the agreed terms with the client.

Document all correspondences with BO.

Prepare daily broker batch and send it to Head of Advisory and Institutional Trading.

Respond to customer requests related to statement, invoices, account opening, share transfer and any other non-order request

Ensure client requests are responded upon in timely fashion

Internal (Processes, Products, Regulatory):

Assist the Trading Department in opening of Advisory/Institutional accounts.

Ensure adherence to legal, compliance and risk management policies and procedures and regulations

Ensuring efficient and professional management of reporting of trades to the relevant departments.

Warehouse all P&P for easy reference.

Liaise with BO, FAB Custody on Trade Settlement on all securities.

 Learning & Knowledge:

Constantly enhance commercial correspondence capabilities.

Keeping abreast with the product knowledge.

Undertaking programs and courses as per the Bank requirements.

Undergo online training programs as provided by the Organization.

Other:

Ensure a high standard of confidentiality to safeguard the client and the organization’s best interest.

Specific Accountability

The FABS Middle Office job is to respond to all Advisory & Institutional Trading Client’s requests and assist in arranging all MO operations with clients, Head of Institutional Desk and BO settlement team. Analysis reports on client’s portfolio performances and Research reports point of conduct.

Minimum Qualification

Graduate degree in finance / marketing /economics /marketing

Skills and Knowledge:

Analytical and problem-solving skills

English / Arabic Excellent written and spoken

Research work and /or experience is an advantage.

Use of Industry terms and vocabulary

Ability to work well with people

Organization and time management skills

Excellent communication and listening skills

Work with high level internal and external clients on a daily basis

Ability to prioritize functions to ensure all processes are completed

Relevant regulatory pronouncements of the applicable local and international regulators and related best practices.