Executive Director, Structured Products & Clients Solutions
First Abu Dhabi Bank
Job description
Role Overview
Executive Director, Structured Products & Clients Solutions at First Abu Dhabi Bank. This position leads and manages Global Markets' Structured Trading & Solutions activities from the Abu Dhabi office.
Role Purpose
Lead and manage Structured Trading & Solutions activities, including structuring and executing transactions, conducting risk and investment return analysis, and supporting colleagues and junior traders to maximize profitability while minimizing risk exposure and ensuring compliance with internal policy and external regulators.
Key Responsibilities
Strategy & Business Development
- Deliver the business strategy and manage and leverage customer flow to meet and surpass set budget.
- Identify and analyze new product and regional opportunities.
- Develop new products and underlying collateral based on holistic understanding of capital, XVAs, and other relevant risk metrics.
- Expand counterparty awareness of capabilities to attract new flows and limits.
- Support distribution avenues to enhance the business.
- Produce market commentaries and trade recommendations where required.
Client & Stakeholder Management
- Provide pricing to facilitate customer business and work with Sales colleagues in developing the client franchise.
- Accompany sales on customer visits and be available for customer calls.
- Cultivate and maintain strong relationships with counterparties, brokers and other market participants.
Trading & Structuring
- Oversee structuring and execution of transactions.
- Know and understand pricing constructs and modelling of relevant products.
- Ensure swift and consistent pricing to all internal and external customers.
- Work closely with quant teams in refining and calibrating pricing and valuation curves as well as booking models.
Risk Management & Compliance
- Work closely with Risk teams in adapting and expanding the relevant mandate according to opportunities and the risk appetite of FAB.
- Develop and implement risk mitigation strategies.
- Ensure compliance with all appropriate limits including risk and counterparty limits.
- Ensure new and existing curves, frameworks, systems development and processes are fit for purpose and are aligned with market best practice.
Operations & Team Leadership
- Enhance the desk and Global Markets in a wholistic manner, for example expanding product offerings, systematic and procedural improvements, and mentoring and training of junior staff members.
- Participate in improving reliability and efficiency of reporting.
- Responsible for meeting financial and business objectives set by the Head.
Qualifications & Experience
- Bachelor's degree in Finance, Accounting, Economics, Commerce or related discipline.
- Minimum of 10 years relevant markets experience in similar positions.
- Strong understanding and relevant structuring and trading experience in financing of illiquid assets such as Loans, Private markets (Debt and Equity), CLOs, collateralized fund obligations.
- Proven track record on managing risk effectively and delivering consistent financial performance.
- Master's degree or equivalent professional certifications in Finance is preferred.
Skills & Competencies
- Strong market-making skills and well-developed risk management techniques.
- Strong Microsoft Office skills including VBA and Macro development.
- Strong interpersonal skills.
- Strong analytical background and quantitative skills.
- Knowledge of relevant regulations and jurisdictions and compliance requirements.
- Self-starter which shows initiative and able to problem solve and work with stakeholders confidently.
- Experience with Murex preferred.
- Bloomberg User.