Dealer - UAE National

Job description / Role

Job Purpose:

- Primary responsibility of generating fee revenue by executing top-end client orders on DFM and ADX. Engaging and soliciting potential trading orders from an assigned client base.
- Business development with CBD to cross-sell brokerage services and increase client base.
- Generate new-to-bank clients for CBDFS.

Principles Accountabilities:

- Engage with existing high net-worth clients, share factual market information and research from reliable sources in order to maximize trading volumes and fee income for CBDFS.
- This is an experienced Broker who deals primarily with high net-worth clients handling typically large ticket business, with highly demanding / high frequency clients.
- The role also involves internal business development within the bank and seeking synergies and cross-sell opportunities with branches and other sales channels of the bank.
- The incumbent carries the responsibility of increasing the overall client base by sourcing new clients using personal network in the market.
- Achieve individual target and contribute to achieving the overall company targets on trading volumes, revenue and market share.
- Provide at all times a high standard of service to client throughout the interaction. Remain diligent, precise and factual in providing error free execution and post-sales service.
- Manage operational business risks effectively and act responsibly in escalating client related issues i.e. errors, omissions, insider trading etc.
- Remain up to date with the market trends to explore opportunities to maximize volume of business and profitability.
- Adhere to internal procedures and comply with ESCA regulations on brokerage and other policy guidelines.
- Ensure to comply with the audit requirements, internal and external reporting obligations etc. in line with the policy guidelines, to ensure high standards of uniformity and consistency across the company.
- The incumbent may be asked to take on additional responsibilities or projects that may be unrelated to day-to-day activities

Requirements

Qualifications:

- University graduate
- Holder of CISI certification

Experience:

- 2 + years' experience in field of brokerage with strong competencies in financial markets. UAE experience a big plus. Also general banking knowledge an additional plus.

Skills:

- Planning and analysis and number skills
- Good command of English and Arabic language
- Ability to understand financial matters and their market impact
- Negotiation skills
- Problem solving under stress situation
- Business development and planning acumen

About the Company

In 1969, when we at Commercial Bank of Dubai started out little did we know that sheer grit and determination would get us where we are today. An Emiri Decree issued by His Highness the Late Sheikh Rashid Bin Saeed Al Maktoum, the founder of modern Dubai, laid the cornerstone of Commercial Bank of Dubai. We started out as a joint venture of Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait. A minority stake was held by a few UAE businessmen.

By 1982, little more than a decade later, we evolved into a National Public Shareholding company. A feat complimented by an exponential increase in the capital base and mammoth restructuring of our operations. The feather in the cap came when the Government of Dubai became a key shareholder.

Over the decades, we have transformed ourselves into a progressive and modern banking institution. We are supported by a sturdy financial base and reigned by a strong and stable management. The proof of which lies with our customers who have stood by us over the years.