Senior Dealer - UAE National

Job description / Role

Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.

CBD has been recognized as the number one bank in the UAE on the Forbes list of The World's Best Banks 2022.

As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people - your colleagues and our customers - and delivering service that really goes the extra mile.

Job Purpose:

• Primary responsibility of generating fee revenue by executing client orders on DFM and ADX. Engaging and soliciting potential trading orders from an assigned client base.

Principal Accountabilities:

• This is an execution job, taking client orders on phone or in person (in office) and executing the orders on DFM and ADX markets.
• Engage with existing clients, share factual market information and research from reliable sources in order to maximize trading volumes and fee income for CBDFS.
• Focus on front-office client service for the business - managing client queries, opening of new client accounts, updating KYC and client documentation, working on activating dormant accounts and other activities assigned by the Trading Manager
• The incumbent carries the responsibility of increasing the overall client base by sourcing new clients through cross-sell from various segments within CBD and 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.

Requirements

Requirements:

Education and Experience:

• Graduate in Commerce, Economics, Finance Management or similar.
• 3 to 5 Years' experience in Treasury

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.