Director- Structured Trading

Company Description

Join UAE’s largest bank and one of the world’s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting & dynamic industry.

Job Description

JOB PURPOSE:

As part of GMP Investments - Structured Credit Investments, the Portfolio Manager will contribute to the growth of the Structured Credit Investments by promoting diversifying investments strategies and setting up & managing new carveouts.

The Portfolio Manager will assist and back-up the Head of Structured Credit Investments in managing all Structured Credit Investments portfolios.

With the Head of Fixed Income Investments and head of Structured Credit Investments, the Portfolio Manager will contribute to idea generation by identifying opportunities in the Structured Credit markets across strategies & geographies. The Portfolio Manager will make investments recommendations within the risk framework and/or assist in the approval of new risk frameworks, to complement & diversify the defined mandate with the view to developing and executing the overall business plan of GMP Investments.

Key Accountabilities

• Extensive knowledge of the capital markets and portfolio theory, with strong ability to remain nimble and generate risk adjusted return in a dynamic operating environment.
• Constructing, and managing high quality investments portfolio through active asset allocation and implementing investment strategy in-line with established guidelines and mandate.
• Perform research and evaluate economic conditions and market trends, focus on relative value to identify opportunities across strategies & geographies to generate investment ideas complementing the mandate and achieving the targeted risk/return objectives.
• Periodically engage with Issuers/Managers, Originators, Arranging & Placement Banks, Sell-side research, and ratings agencies to remain well informed about key themes in the markets, changing market dynamics and available opportunities.
• Ability to make investments recommendations including preparation of investment proposals, obtaining prior approvals from GM Management, Market and Credit Risk teams and finally submitting the proposal to committee (GCC/IMCO/CEC).
• Collaborate and exchange insights and market trends with the rest of the GMP Investments team
• Comply with the Banks procedures (including Risk & Compliance policies) and training requirements
  
  

Specific Accountability

• The mandate will focus on contributing to the growth of the Structured Credit Investments by promoting, setting up and managing new carveouts and investments strategies
• The focus of the candidate will be on public/private ABS and warehousing facilities collateralized by granular portfolios (consumer loans, credit card receivables, residential mortgage loans, SMEs loans, equipment lease, etc.): expertise in originating, underwriting and structuring such types of transactions is required
• Strong background in securitization, be it in an Alternative Asset Manager and/or as Arranger in an Investment Bank is required, with strong structuring/modelling skills
• As this mandate may lead to new portfolios and new asset classes within Structured Credit, the Portfolio Manager will:
• Build the proper environment within the Bank including dedicated underwriting process & Risk monitoring tools
• Share expertise & guidance with the Support Functions
• Make the portfolios grow as the strategies deliver, expand to other asset classes subject to relative value and the Bank’s risk appetite.
• Keep building FAB recognition & network among Structured Credit professionals worldwide.
• Strong network within the Originators community, active in the targeted markets
• The Portfolio Manager will also assist the Head of Structured Credit Investments in managing all Structured Credit portfolios
• Active interaction with other Structured Credit market participants will be required to understand recent trends, market behaviour, available opportunities set and to ensure effective implementation of investments ideas.
• Strong ability to collaborate across functions, apply and share specific knowledge and experience.
• Strong analytical acumen and excellent negotiation skills, with strong ability to create an accountable, goal oriented and productive environment to meet desired objectives.
• Innovative & Strategic view and strong presentation skills to assist the Head of Structured Credit Investments and Head of Investments in generating & presenting new investment strategies in Structured Credit to Senior Management.
  
  

Qualifications

Minimum Qualification

Advanced knowledge of Structured Credit markets (including public & private ABS markets), securitization structuring and modelling

Global Markets products knowledge and experience in application of this knowledge in portfolio construction, management and design of investment products and solutions.

University Graduation with major in Finance or Financial engineering is a must.

CFA / CAIA / CA preferred

Additional Information

Minimum Experience

At least 7 years of relevant experience