Director - FX Sales

Job description / Role

Job Description
* To be responsible for the coverage of FX and FXO Sales for Institutional clients.
* To be focused pre-dominantly on ""FXO"" products i.e. vanilla options, exotic options and TRFs with the objective of generating more FXO volumes into the group.
* To work closely with other team members.
* Increase overall Financial Markets profitability and turnover.

Strategic Responsibilities:
1. Maintain sound relationship with key customers and partners in the region.
2. Develop strategies and business plan to achieve the budget.
3. To adopt a 'sales' approach to enhance the flows and thereby increased business turnover and leveraged profitability.
4. Thorough understanding of market dynamics ie. Competition, potential target markets, business impact of regulatory changes, etc.
5. To have a thorough understanding and experience in trading, selling and developing FXO and structured FX products.
6. To work as a partner in the E-sales effort across the region for external customers.
7. To keep contact with UAE FMA.

Marketing Responsibilities:
1. Create awareness for new Financial Markets products / ideas amongst counterparts and regulators.
2. Organize and coordinate marketing plans.

Administrative Responsibilities
1. Ensure compliance with dealers' code of conduct, credit and operational standards.
2. To liaise where appropriate with TCRM, Legal and Compliance, FI and other departments for collective approach and sharing information/feedback.

Day to Day Responsibilities
1. Ensure that all FX market dealing activities are conducted within the laid down risk parameters
2. Effective Coordination with Trading Desk.
3. Ensure necessary efforts are being undertaken to meet the budgetary targets laid down for FMS
4. Closely monitor existing counterparty limits, sought for enhancement of limits when required.

MIS Responsibilities
1. Develop sound MIS platform to focus on core business and customers.
2. Track customer wise FX and FXO contribution.

Requirements

- Degree educated in related subject matter
- Proven experience in FX sales with expert knowledge of vanilla options, exotic options and TRFs
- Arabic language skills essential

Closing Dates
The closing date for applications is 23/03/2015. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.

Diversity & Inclusion
Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.

About the Company

Standard Chartered Bank started in 1958 in UAE with its first branch in Sharjah. The Group’s business gradually increased in Dubai with the opening of several branches and today, Dubai is the administrative hub of the Middle East and South Asia Region. In its 43rd year, the Bank enjoys the position of having the most extensive branch network among foreign international banks in UAE with 10 branches emirate-wide.

Standard Chartered is an international bank, focused on the established and emerging markets of Asia, Africa, the Middle East and Latin America with an extensive global network of more than 600 offices in over 50 countries. The three principal business groups are Global Markets, Personal Banking and Corporate and Institutional Banking.

In UAE, we are one of the leading banks, offering an extensive range of products and services for personal customers, local companies, multinational corporate and financial institutions.