Investment Administrator - L13

Commercial Bank of Dubai (CBD)

Dubai, UAE

Ref: HP905-70

Job description / Role

Employment: Full Time

Job Purpose:

- To support Investment Advisors in sales and servicing of investment clients
- To support the department in product management

Principles Accountabilities:

- Prepare term sheets using data available on Bloomberg / other sources for every client transaction - bonds, leverage, funds, equity etc.
- Execute all investment transactions on the system
- Execute bond transactions with the fixed income desk
- Enter leverage applications on CVX / Cofax system and coordinate with Credit and Credit Admin for booking of facility
- Manage all client documentation, collection of original subscription documents and submitting them to back office
- Be the single point of contact for all operations related matters and coordinate with back office for smooth transaction processing
- Be the single point of contact for Elite and Private Banking RMs for resolving client related service issue
- Interact with clients, when required, to resolve service queries or complete documentation
- Execute investment subscriptions with external product providers
- Collate product updates and factsheets from external fund managers and distribute to advisors and RMs across segments
- Track sales MIS, revenue booking and management fee booking and collection. Provide regular updates to Financial Control.
- Coordinate with IT for regular upkeep and maintenance of investment system

Requirements

Qualifications:

- Bachelor degree

Experience:

- Minimum of 3 years of banking experience.
- Exposure to wealth management environment would be preferable

Skills:

- Good numbers skills and good knowledge of excel.
- Accuracy and attention to details.
- Ability to interact with clients.
- Ability to manage inter-departmental work flow. E
- Excellent knowledge of English. Arabic language would be distinct advantage.

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.

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