Senior Dealer – FX recruitment
Working for a prestigious UAE Bank, based in Abu Dhabi, your key tasks and responsibilities include:
- Quote Foreign Exchange – spots and swaps, NDFs and Options independently to all counterparties.
- Trade the above and generate revenue for the FX desk whilst remaining within the specified limits and risk parameters at all times.
- Monitor orders, exposure and limits of all clients.
- Review market conditions, trends and macro-economic data to provide clients with up-to-date information on matters likely to impact the financial markets.
- Calling on banks and other clients with a view to expanding the customer base of the Treasury.
- Assist the Chief dealer in FX pricing and monitoring limits.
- Co-ordinate with MM desk on quoting USD/AED FX spot and forward, FX swaps and cash flows.
- Provide prices/inputs into price trends to branches and various departments.
- Liaison with FID/Credit for renewing/establishing limits with banks.
- Liaison with other depts. for the smooth functioning of the FX desk.
• To support FX desk capability
• Work within a highly controlled risk environment using sophisticated systems
• Work with senior dealers on the desk to Generate consistent profits from banks FX business.
Requirements:
• 5 to 7 years working experience on a trading desk
• Trading knowledge of GCC and G7 FX markets
• Ability to handle risk management systems and ability to work in a high pressured environment on sophisticated systems.
• Knowledge of Murex would be an advantage
• Understanding of rates / derivatives and money markets essential
• Candidate should have top academic credentials with preference for graduate degrees in analytical disciplines (i.e. Finance, Mathematics, Engineering or Physics)
• A degree in Bachelor of Commerce or Finance from a reputed university
• Minimum of 2 years spent in a large local or international banking environment