Job Description
Executive Director- Equity Financing Full-time Sub Division: GM Trading & Investments Division: Global MarketsCompany DescriptionFirst 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 DescriptionJob Purpose: Launching and Managing an Equity Financing activity. Integrated in the Global Securities Financing team recognized for its solid expertise in Credit repo, you will be the one person in charge of launching and managing an Equity financing trading activity within First Abu Dhabi Bank. The client-driven model that proved to be profitable and sustainable with fixed income will have to be replicated in Equity Finance to offer clients from GCC, in particular but not only, liquidity, short-covering in various jurisdictions and an easier access to local shares. You will bring your contribution to build P&L or Risk reports and advice on improving processes for trading decisions or FO-to-BO. In your role, you will have to frequently interact with the structuring team to elaborate new products and enrich the bank’s offer as well as optimize the use of capital and generate alpha from inherited positions. You will bring your support to the sales force to onboard new clients.Key Accountabilities: Launch a client-driven Equity financing trading activity Optimization of use of scarce resources Carefully manage your risk and reach P&L target defined for the activity Contribute to develop reports and processes for a reliable follow-up of the business Help spreading your expertise within the GSF team Onboard the use of swap, futures, options within the GSF perimeter to make sure synergies are developed and all the value is extracted from the activity#LI-OnsiteQualifications A minimum of 10-year experience in the capital markets industry with a strong and proven track record in Equity trading and particularly Equity Financing. Practical knowledges in usual products used in Equity financing activity (TRS, IRS, Futures, Options, …) Knowledge in Middle East equity markets Being familiar with Murex and Triparty platforms Autonomous and entrepreneur with a team spiritJob LocationExecutive Director- Equity Financing First Abu Dhabi Bank (FAB) Al Qurm Business Park, Abu Dhabi, United Arab Emirates * Full-time