Director - Credit Trading Desk

  • Full-time
  • Sub Division: Global Markets - Products
  • Division: Global Markets

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:

  • Trade MENA Cash Fixed Income instruments for FAB Institutional Client Base, in order to generate P&L and develop the client franchise.
  • Enhance the Fixed Income desk (and Global Markets) in a holistic manner for example, expanding product offering and help infrastructure building and enhancement across the desk, systematic and procedural improvements.
  • Support distribution avenues to enhance the flow business:
  • Produce market commentary and trade ideas
  • Provide aggressive pricing to facilitate customer business
  • Accompany sales on customer visits, be available for customer calls to expand the client wallet and penetration in our markets

Key Accountabilities:

  • Manage the risk within the set parameters. Ensure compliance with all approved limits including but not limied to counterparty limits.
  • Service the client base in a professional and honest manner, in-line with FAB corporate values.
  • Responsible for meeting financial and business objectives set by the Head of Fixed Income Products.
  • Identify and analyze new product opportunities.
  • Ensure swift and consistent pricing to all internal and external customers.
  • Expand Counterparty awareness of our capabilities to attract new flows and limits.
  • Bring innovation to the role where possible.
  • Commit to proprietary trades to help fund the business above and beyond.
  • Originate trading ideas to be distributed to sales and clients alike;
  • Weekly calls with Sales to discuss direction of business; on top of daily interactions.
  • Willingness to make presentations and take client calls to complete trades with new or existing users of product;
  • Utilise current mapping of account base in region to engage on a daily basis and generate flow.
  • Checking back-office trade queries and liaising with various internal and external stakeholders to ensure accurate record or transactions.
  • Pnl reporting and confirmation

Qualifications

Minimum Qualification:

  • Bachelor’s degree in Finance, Accounting, Economics, Commerce or any related discipline.

Minimum Experience:

  • Minimum 5 years Credit trading experience preferably across both Cash and CDS;
  • Familiar with accountsboth regionally and internationally ;
  • Strong Microsoft office skills including VBA/Macro development – programming language a plus;
  • Strong interpersonal skills;
  • Strong analytical background;
  • Experience with Murex preferred;
  • Bloomberg User;
  • Self-starter which shows initiative in resolving front office issues across traded products.
Privacy PolicyImprint