Senior Broker

Job Description

JOB DESCRIPTIONRole: Senior BrokerLocation: DubaiRole Purpose:Carry out trading instructions from ADIB Securities clients ethically and efficiently. Increase sales opportunity of the organization through better customer relationship. Maintain client relationships with High Net worth customers in conformance with established policies, strategies and procedures. Key Accountabilities of the role These are the main responsibilities of this role Detailed ResponsibilitiesPrimary Duties and Responsibilities:

• Manage clients orders during trading sessions in local and international markets in compliance with regulatory and stock exchanges governing rules.
• Actively introduce new clients through calls and meetings.
• Set up meetings with potential clients and listen to their wishes and concerns.
• Adhere with the operational procedures/policies of ADIB and ADIB Securities.
• Keep track on new trading rules and regulations and increase the knowledge about the industry.
• Ensure that the framework always in compliance with the related rules and regulations including client onboarding documents and clients KYC.
• All the time be in compliance with the AML/CTF rules and regulations.
• Keep abreast regulations of DFM, ADX and SCA.
• Promote new business through customer contacts. Call existing customers and prospective customers to nurture on going relationships.
• Assist in the planning and implementation of strategies and goals.
• Monitor the market, commission structures, analyze competitions and make recommendations to increase trading income.
• Represent the organization at various forums. Actively promote the organization wherever possible.
• Increase the companys share of each client total trading portfolio as well as efficiently and effectively increase the overall affluent client trading activity.
• Ensure that the customer satisfaction and ensure all customer grievances are resolved in a timely manner.
• Ensure that all customer instructions are responded to immediately.

Additional Duties and Responsibilities:

• Identify and manage all significant risks (Financial, Operational, Market, and Reputational Risks). Monitor customer accounts, ensuring settlements of deals as per market control norms.
• Actively follow-up on overdue settlement trades and effect action within the rules of the market control.
• Ensure all correspondence with the Market Control, customers others are properly recorded and filed.
• Manage team members and provide them with necessary guidance and counseling to keep them highly motivated.
• Maintain high ethical standards and contribute towards a healthy work environment.

Supervisory Responsibilities:

• Perform all supervisory and management functions in accordance with ADIB and ADIB Securities practices and policies for brokers, including:
• Identify and help to satisfy the training requirements of the employees in close coordination with the Trading Manager.
• Empha and promote professional and ethical conduct.

Authority Given:

• Initially, incumbent will not be given expense power, however, will be given approval powers based on his/her level of management experience and brokerage expertise.

Specialist Skills / Technical Knowledge Required for this role:

• Bachelors degree required:
• Minimum of 3-5 years direct and progressive experience in domestic equity trading and management of a trading desk.
• Strong time-management and communication skills.
• Minimum of 1-2 years supervisory experience
• Proficient in MS Office Skills and relevant investment databases.
• Fluent in English, Arabic desirable.

Keyskills :

About Company

Abu Dhabi Islamic Bank PJSC (Arabic: مصرف أبوظبي الإسلامي) is an Islamic bank based in Abu Dhabi city, in the United Arab Emirates.