Job Summary:
FX & Rates is looking for a team player to join the desk and add immediate value to this dynamic unit with an experience in the EM space, ideally in Sub-Saharan Africa and Egypt. You will be reporting into a currency head and trained by the whole team with the aim of managing flow and taking measured risk across a number of different currencies. We are looking for someone who has a lot of energy, enthusiasm and initiative, who can learn on the job and support sales in order to support the entire business.
The G10 FX & Rates desk is a multi-currency, multi product desk which aims to facilitate customer flow in order to grow the FAB franchise. It requires active management to leverage this flow as well as to add alpha through directional positioning of the portfolio.
Key Responsibilities:
- Managing Risk within the given parameters and in a profitable manner
- Pricing Deals with the mentality to win deals and support the business
- Contribute to maintaining FAB’s position as a top market maker in the MENA region space
- Preparing marketing material and collaborate with distribution
- Travelling where necessary
- Covering long shifts
- Capability of handling large flows/risk
- Maintaining a high degree of discipline when trading
- Generating trade ideas and writing market updates
- Market Counterparties
- How Often: Daily
- Method: Verbal, Writing and in person
- Purpose: provide pricing/market our products and capabilities/execute trades
- Internal Customers
- How Often: Regular
- Method: Verbal, Writing and in person
- Purpose: provide pricing/execute trades/give commentary and viewpoint on market conditions
- External Customers
- How Often: adhoc basis
- Method: Verbal, Writing and in person
- Purpose: provide support to respective ICC RM in the enhancement of the client relationship
Requirement and Qualification:
- Education: Degree level ideally Bsc./BA. Finance/Economics/Science
- Experience: Minimum of 3 - 5 Years in markets
- Proven track record of teamwork
- Proven track record on managing risk effectively and delivering consistent financial performance
- Exceptional technical skills and product knowledge
- Market Analytical Capabilities (Technical and fundamental)
- Excellent numerical skills
- Ability to operate at a high level under extreme pressure
- Team oriented
- Confidentt
- Business focus
- Presentation skills
- Experts excel/spreadsheet skills
- Highly numerical
- Highly analytical and able to process substantial amounts of information in a timely manner
- Technically proficient in excel, numeric and able to build and support trading sheets
- Competent teacher
About Us:
First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the worlds largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages. Our commitment to excellence and innovation drives us to provide top-tier financial solutions to our clients.
Life at FAB:
Working at FAB means being part of a team of talented and passionate individuals with a shared vision to support the ambitions of our stakeholders to "Grow Stronger." We embrace the needs of our customers across the globe with a sense of responsibility and confidence driven by extensive expertise that can only be delivered by an ambitious world-class organization
Career Development:
FAB offers unique career choices, a chance to innovate, craft solutions for the future, and express yourself in a performance-based culture that will unleash the best in you. Whether you are an experienced professional or just starting your career, FAB provides a range of learning and development initiatives to support all employees through training and skill development.
Our Values:
At FAB, we place our customers at the core of our activities, live our values each day in every way, celebrate achievements, and empower each other to deliver leading solutions. We have structured plans for the recruitment and career progression of Emirati talent to enable them to make a mark in the financial and banking sector both regionally and globaly that rewards your hard work and dedication.
Join our team and be part of a journey to shape the future of banking.