Assistant Manager, Wholesale Banking Solutions

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:

To oversee FX flow sales, calling out to clients and managing flow calls and prices and system based hedging as deal materialise

Principal Accountabilities:

Organise own client data on a daily basis relating to calls made, activity, latest pricing and client conversion from simple flow to more complex products as directed by senior management in sales.

Focus on cash and forward sales on all products to include debt as well as FX related products as well as simple derivatives.

Extract Data and prepare reports as business requirements.

Closely monitor the desk client flow sales revenue and report any unusual or extraordinary activity to senior sales management for analysis.

Follow strict flow desk discipline to ensure maximum pro-active client calls are made each day as well as give time and effort to expand and grow revenues from own client line-up as directed by senior sales management.

Good understanding of FX spot and forward pricing

Negotiate and close large ticket deals as well as small ticket deals with the same enthusiasm and possess in depth understanding of global market trends and products in order to market and relationship manage client directly and mainly over the telephone and e-mail.

Develop relationships with PBG RMs as well as corporate and institutional RMs.

Contribute content for each weekly publication sent from Treasury.

Target 20-30 daily calls to clients and RMs

Requirements:

Education And Experience

MBA/CFA preferred

5 years’ experience in a Treasury & Finance field with at least 3 years in an active Dealing Room of a Bank in UAE

Strong Treasury product knowledge across all asset classes

Knowledge of banking operations, credit and risk management.

Good knowledge and experience in an emerging market economy would be a definite advantage.