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FAB is seeking a Director, Institutional Trade Execution to lead the execution of institutional client orders, coordinate with Sales Traders, and manage order distribution while delivering best executions, sourcing liquidity, and providing timely reporting in line with UAE and international regulations. The role calls for a graduate in finance or economics, 4+ years in relationship management with at least 3 in a brokerage, strong analytical and communication skills, and the ability to manage budgets and high level client expectations, with knowledge of ESCA and UAE market rules. To apply, tailor your CV to show measurable trade success, strong relationship development, regulatory compliance, and the ability to work onsite in Abu Dhabi; full time.
The FABS Senior Institutional Broker’s job is to execute institutional clients orders as per client instructions in coordination with the Sales Trader and manage order distribution within the trading team
Generic Accountability
Responsible for:
A. Financial & Share Holders
- Operate within the target departmental Budgets as per set by the Head of Institutional Desk (10-15% of department targets)
- Achieve targets through service excellence in execution and a timely, articulate execution reporting
- Work closely with Sales traders to insure best executions for all clients.
B. Customer (Internal & External):
- Execute Buy and sell orders on behalf of Institutional clients.
- Execute orders passed by the Sales Traders and report execution in a timely fashion. Work on sourcing liquidity from other Brokers/Clients and build a database of available block securities.
- Document orders and transactions regarding trading activities.
- Manage order distribution within the execution team.
C. Internal (Processes, Products, Regulatory):
- Assist the trading department in converting leads of Institutional clients by marketing the desk’s trading and execution capabilities and intelligence flow in all active markets and successfully presenting the service offerings of FABS and their value proposition
- Ensure adherence to legal, compliance and risk management policies and procedures and regulations
- Ensuring efficient and professional management of orders, execution of transactions and reporting of trades.
- Prepare daily and weekly call reports and send it to Head of Desk
D. Learning & Knowledge:
- Constantly enhance brokerage capabilities to cover regional and international markets.
- Keeping abreast with the product knowledge and assist in developing market intelligence.
- Undertaking programs and courses as per the regulatory requirements.
- Undergo online training programs as provided by the Organization.
E. Other:
- Ensure a high standard of confidentiality and ethical trading to safeguard the client and the organization’s best interest.
- Other duties as assigned for special projects.
Minimum Qualification
Graduate degree in finance / marketing /economics /marketing
Strong relationship management and business development/sales skills
Well-developed analytical and problem-solving skills
Knowledge about ESCA and UAE markets regulations
Use of Industry terms and vocabulary
Ability to work well with people
Exceptional organization and time management skills
Excellent communication and listening skills
Work with high level internal and external clients on daily basis
Ability to prioritize functions to ensure all processes are completed Operating
Relevant regulatory pronouncements of the applicable local and international regulators and related best practices.
Budgetary target
Minimum Experience
4 years of experience in relationship management with at least 3 years in a brokerage firm with Broker Dealer experience preferred
About Us:
First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the world's 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.