Multi-Asset Trading Manager

JobsCloseBy Editorial Insights

Emirates NBD is seeking a Multi-Asset Trading Manager to execute trades across equities, fixed income, money market and derivatives for the Asset Management division, ensuring best execution. The role requires monitoring markets, managing trade orders, negotiating ISDA and GMRA agreements, executing repo transactions, and collaborating with portfolio managers, brokers and Money Market Desk. Ideal candidates have three to five years of cross asset trading experience, a finance or economics degree, and strong risk knowledge; certifications are a plus. When applying, tailor your resume to show concrete outcomes, highlight ISDA/GMRA and repo experience, and demonstrate collaboration with PMs; mention ENBD growth opportunities and a flexible work policy.

About ENBD

Emirates NBD is a market leader across the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 9 million customers. Emirates NBD is the leading financial services brand in the UAE with a Brand value of approximately USD 4 billion. We serve our customers and help them realise their financial objectives through a range of banking products and services including retail banking, corporate & institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. We are a key participant in the global digital banking industry, with 97% of all financial transactions and requests conducted outside of our branches. We also operate Liv, the lifestyle digital bank by Emirates NBD. With over half a million users, it continues to be the fastest-growing digital bank in the region.

Job Overview

As a Multi-Asset Trading Manager at Emirates NBD, your role is responsible for executing trades across various asset classes, including equities, fixed income, Money Market and derivatives, on behalf of the Asset Management division. The role involves managing trade orders, ensuring best execution, and working closely with portfolio managers to support investment strategies. The Multi-Asset Trader ensures that all trades comply with regulatory requirements and internal policies.

Key Responsibilities

Execute trades across multiple asset classes, ensuring that trades are completed efficiently and in line with portfolio objectives.

Monitor markets and manage trade orders to ensure best execution and minimize trading costs.

Deposit placement for Money Market and Executing trades for Money Market Funds. 

Work closely with portfolio managers to ensure trades align with investment strategies and risk profiles.

Ensure compliance with regulatory requirements and internal policies governing trade execution.

Comprehend Repo & ISDA documents and be able to negotiate new ISDA and GMRA agreements with counterparties.

Understand and execute structured products, derivatives, and repo and reverse repo transactions.

Continuously monitor financial markets and economic indicators to inform trade decisions and optimize execution strategies.

Identify opportunities for improving trade execution by analyzing market trends and liquidity.

Stay informed on market developments that could impact portfolio performance.

Adjust trade execution strategies in response to market conditions.

Ensure that all trading activities comply with internal policies and external regulatory requirements.

Monitor and manage operational risks associated with trade execution.

Collaborate with the risk management team to identify and mitigate risks related to trade execution.

Report any trade execution issues or risks to senior management promptly.

Work closely with brokers, counterparties, and other trading desks to ensure smooth execution of trades.

Collaborate with portfolio managers to support the implementation of investment strategies.

Collaborate with Money Market Desk for onboarding new counterparties. 

Provide regular updates to senior management and portfolio managers on trade performance and market conditions.

Ensure that stakeholders are informed of any issues or delays in trade execution.

Skills and Experience 

• 3-5 years of experience in trading or financial markets, with exposure to multiple asset classes.
• Experience in working closely with portfolio managers and brokers.
• Certifications in trading or financial markets are a plus.
• Bachelor’s degree in Finance, Economics, or a related field.
• Strong understanding of financial markets and trading strategies across multiple asset classes.

There’s never been a better time to join Emirates NBD. 

We’re one of the region’s most recognisable brands. We’re banking innovation leaders. We’re growing across both the UAE and our global offices. We offer a huge range of professional development opportunities to accelerate your career. It also goes without saying that we provide extremely competitive rewards, benefits and perks too, like our flexible work policy so you can work from home whenever it suits.

At ENBD, we encourage interested candidates to review the key responsibilities and qualifications for each role and apply for positions that match their skills and capabilities.