Executive Director- Structured Trading

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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

FAB's Global Markets division is a complex, multidisciplinary business which requires constant innovation to remain competitive. The Trading & Investments team, which is a core function within the Global Markets Franchise, is a high performing business and offers an extensive range of tailor made and strategic solutions, products and services to meet the needs of customers worldwide.

This position will be based in the UAE, sitting within the Structured Trading & Solutions Team.

Job Purpose

To assist with leading and managing GM's Structed Trading & Solutions activities, including overseeing structuring and execution of transactions, conducting risk and investment return analysis, and supporting colleagues and junior trades, in order to maximise profitability while minimising risk exposure and ensuring compliance with internal policy and external regulators.

Key Responsibilities & Accountabilities

• Deliver the business strategy and manage/leverage customer flow to meet and surpass set budget.
• Proven experience in Structuring and trading of Structured credit transactions, viz., TRS, with focus on EM markets. Strong understanding of RWAs, Capital and funding related variables.
• Understanding & experience in structuring and financing of illiquid assets such as Loans, Private markets (Private Debt / Private Equity), CLOs and such.
• Enhance the desk (and Global Markets) in a wholistic manner for example, expanding product offerings, systematic and procedural improvements, mentoring/training of junior staff members
• Support distribution avenues to enhance the business
• Development of new products based on holistic understanding of capital, XVAs, and other relevant risk metrics

Provide pricing to facilitate customer business and work with Sales colleagues in developing the client franchise

• Accompany sales on customer visits, be available for customer calls
• Work closely with quant teams in refining and calibrating pricing and valuation curves as well as booking models
• Manage complex and long gestation transactions
• Know and understand pricing constructs and modelling of relevant products
• Ensure new and existing curves, frameworks, systems development and processes are fit for purpose and are aligned with market best practice
• Produce market commentaries and trade recommendations where required
• Work closely with Risk teams in adapting and expanding the relevant mandate according to opportunities and the risk appetite of FAB
• Interact internal colleagues to help develop synergies and spread knowledges
• Participate in improving reliability and efficiency of reporting
• Lead and mentor junior staff
• Responsible for meeting financial and business objectives set by the Head
• Ensure compliance with all appropriate limits including risk and counterparty limits
• Identify and analyse new product and regional opportunities
• Develop and implement risk mitigation strategies
• Ensure swift and consistent pricing to all internal and external customers
• Expand counterparty awareness of our capabilities to attract new flows and limits
• Cultivate and maintain strong relationships with counterparties, brokers and other market participants

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Commerce or related discipline. Masters degree or equivalent professional certifications in Finance is preferred. Minimum Experience & Attributes:
• Minimum of 10 years relevant markets experience in similar positions
• A strong understanding of Structed Trading & Solutions as well as global markets products
• Strong market-making skills and well developed risk management techniques are essential
• Knowledge of relevant regulations and jurisdictions and compliance requirements
• Proven track record on managing risk effectively and delivering consistent financial performance
• Strong Microsoft office skills including VBA/Macro development
• Strong interpersonal skills
• Strong analytical background & quantitative skills
• Experience with Murex preferred
• Bloomberg User
• Self-starter which shows initiative and able to problem solve & work with stakeholders confidently

Seniority level

• Not Applicable

Employment type

• Full-time

Job function

• Finance and Sales

Industries

• Banking

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