FX & Fixed Income Dealer

Standard Chartered Bank - UAE

UAE

Ref: HP048-333

Job description / Role

Employment: Full Time

Job Description
* To support the initiative of CBMS Treasury Sales towards furtherance of the Bank's objectives.
* To support UAE, Oman, Qatar & Bahrain SME Banking, Private Banking, Premium Banking & Personal Banking segment for fulfillment of FX Spot, Forward, NDF, Fixed Income & Structured Products (DCI &PPCI) requirements.

Key Roles & Responsibilities
* To help Treasury Sales team develop a robust and loyal core CBMS customer base by building relationships with key decision-makers to grow business in line with and to understand customer needs.
* To strengthen the Bank's CBMS customer penetration in the increasing important foreign exchange, Fixed Income and structured products area.
* To all segments in promoting cross-sell of FX products & referrals from other units within CBMS by announcing various campaigns, incentives structures, training support etc.
* To contribute, provide inputs in the new product development tailor made for CBMS segment
* Roll-out ""E-Channels"" for Treasury Products for enquires and booking of deals.
* To maintain a high standard of customer service in order to increase Bank's market shares vis-à-vis existing customers and enlarging the customer base.
* Ensure that customer queries in relation to Fixed Income are effectively handled with complete customer satisfaction.
* To maintain a professional service & high profile to enhance the reputation of the bank in the Fixed Income market.
* Provide quality economic information to CB frontliners and customers as part of education and promotion of Fixed Income.
* Source appropriate Fixed Income instruments depending on customer requirements.
* Provide competitive pricing for FI RMs and customers.
* Executing FI transactions with approved external counterparties.
* Provide regular product training and support to all RMs
* Maintaining FI & DCI trade MIS on an on-going basis.
* Generate new business by working closely with RMs.
* Ensure FIS list are uploaded regularly on iConnect and should include only approved FIS.
* Ensure FI & DCI deals are tracked and regular follow ups are conducted for pending trades and roll over.
* To keep abreast of the latest market developments, and market intelligence.
* To coordinate with other internal departments like Central ops, CMO, reconciliation on Forex issues.
* Help / guide the client in completing the transaction (TT, internal transfer, trade trx)
* Support Service unit on Foreign Exchange matters / complaints, (Wrong Rate applied)
* Conclude the FX deals (sale or purchase currencies) with clients on phone.
* Take inward calls to guide various sales channels (RMs, PFCs, and Priority Centers) for Foreign Exchange Transactions of CBMS clients.
* Responsible for monitoring the performance & productivity of the assigned desk developing and rolling-out requisite MIS.
* To follow up on Outstanding FX deals with segmental RM's / clients.
* To support the Head CB Market Sales for centralization of Jordan FX spot & Forward booking in UAE.
* To support Head CB market sales in overall business development in the direction of the medium term business strategy.
* To support the Head CB Market sales in achieving the CBMS 2014 budget.

Policy & Control
* To ensure control requirements of the business are adhered to in line with Group policies.
* The job holder must ensure he/she is fully aware of all the policies and procedures issued in relation to money laundering prevention and Group Sanctions policy. He / She must ensure compliance with these policies and procedures on an ongoing basis. Any suspicious transactions must immediately be reported to the supervising officer.
* Must comply with all compliance requirements with high attention on a) alertness to AML procedures and take the lead at all times to be alert to unusual or possibly suspicious customer activity. Job holder must report any suspicious transaction to respectively Unit MLPO via LINE MANAGER (reporting manager), observant of reputation risk c) strict prohibited from miss-selling activities.

How To Apply
Please apply online. To help speed up your application, please note the following:

- You will need to log in (or register if you are visiting our careers site for the first time) before you can apply for a specific role

- Some roles may require you to undertake an online talent assessment in addition to completing the application form (to facilitate this process it is preferable that you provide us with an email address as part of your contact information)
- We will ask you about your education, career history and skills and experience, it may be helpful to have this information at hand when completing your application

It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience.
Closing Dates
The closing date for applications is 01/04/2014. 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.

Requirements

Qualifications & Skills
* Graduate/CA/MBA/TFM
* Knowledge of Foreign Exchange and Fixed income markets.
* Relevant dealing experience of 5 to 6 years.
* Ability to work quickly and accurately under pressure.
* Must be an effective communicator and presentable.
* Good analytical Skills.
* Overall understanding of the Commercial Banking business preferably in Wealth and SME in the Market portfolio in UAE.

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.

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