Executive Director- Fixed Income Investments (High Yield)

Company Description

First Abu Dhabi Bank is an inclusive environment where each person values the experiences, perspectives, ideas and beliefs of others. We’re in a unique position to learn from all our colleagues, combining international experience with deep cultural knowledge and local expertise. At FAB, you’ll have the support of your team and a strong relationship with your line manager, who will trust you with responsibility and recognize your good performance. As we embrace different ways of seeing the world, listening to each other and respecting different viewpoints, we grow stronger – together.

Job Description

FAB’s Global Markets division is a complex, multidisciplinary business which requires constant innovation to remain competitive. The Trading & Investments team, which is a core function within the Global Markets Franchise, is a high performing business and offers an extensive range of tailor made and strategic solutions, products and services to meet the needs of stakeholders worldwide.

This position will be based in the UAE, sitting within the Fixed Income Investments Team.

Job Purpose

To assist managing and growing the High Yield Credit Investments portfolio as part of the Fixed Income Investments team, in order to maximize profitability while minimizing risk exposure and ensuring compliance with internal policy and external regulators.

Key Accountabilities

• Portfolio Growth: Drive portfolio growth in line with the investment strategy and bank's comfort.
• Market Interaction: Actively engage with market participants to understand trends and implement investment ideas.
• Cross-Functional Collaboration: Collaborate across functions, sharing knowledge and experience
• Analytical Acumen: Utilize strong analytical and negotiation skills to create an accountable and goal-oriented environment.
• Strategy Development: Assist in generating and presenting new investment strategies to Senior Management.
• Support Colleagues: Provide backup and support to colleagues and the Head of Investments in managing portfolios.
• Idea Generation: Identify opportunities across strategies and geographies, making investment recommendations within the risk framework.
• Business Strategy Execution: Deliver the business strategy to meet and surpass set budgets.
• Mentoring: Mentor and train junior staff members to enhance the desk's capabilities.
• Risk and Reporting: Work closely with Risk teams and participate in improving reporting reliability and efficiency.
• Compliance: Ensure compliance with all risk and counterparty limits.
• Relationship Building: Cultivate and maintain strong relationships with stakeholders.
  
  

Qualifications

Qualifications & Experience:

Minimum Qualification

• Bachelor’s degree in finance, Accounting, Economics, Commerce, Engineering or related discipline.
  
  

Minimum Experience & Attributes

• Minimum of 10 years relevant markets experience in similar positions
• Strong background in High Yield Investments, be it in an Alternative Asset Manager or an Investment Bank with strong structuring/modelling skills.
• Advanced knowledge of HY Credit markets DM and EM
• Global Markets products knowledge and experience in application of this knowledge in portfolio construction, management and design of investment products and solutions.
• CFA / CAIA / CA preferred
• Knowledge of relevant regulations and jurisdictions and compliance requirements
• Proven track record on managing risk effectively and delivering consistent financial performance
• Strong Microsoft office skills including VBA/Macro development
• Strong interpersonal skills
• Strong analytical background & quantitative skills
• Self-starter which shows initiative and able to problem solve & work with stakeholders confidently