Broker, Abu Dhabi Islamic Bank UAE

  • Full time
  • Dubai, UAE
  • Posted 9 months ago
  • 10000-20000 AED / Month

Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank (ADIB) presently has a job opening for eligible candidate for position of Broker in UAE. This job has been posted on a company’s career page on 19 October 2023 and now open for all aspiring candidates.

Job Purpose of A Broker

  • Demonstrated full knowledge and responsibility for servicing ADIB Securities Trading Desk clients.
  • Cost-effective and timely execution of transactions for publicly traded securities.
  • Provide clients with accurate and unbiased information about stocks and market conditions.
  • Coordinate with operations on settlement of trades.
  • Ensure client confidentiality is preserved and reports to the desk manager or to the GM any suspicious trading activities.

Job Duties of A Broker

  • Ensure to attend clients trading calls, orders and queries during the call center working hours.
  • Ensure that client’s orders are handled in a timely and professional manner.
  • Comply with the relevant trading policies and procedures and followed concerning all aspects of trading.
  • Monitor and review the quality of all the executions, both internal and external, to ensure that all order tickets are included.
  • Adhere to the Group and the ADIBS policies and procedures.
  • Maintain the necessary knowledge of all available trading venues, including crossing networks etc.
  • Maintain a positive working relationship with UAE Brokerage Agent(s).
  • Actively, engages on an immediate basis any resolution of out-trades or other trading disagreements with counterparties to minimize exposure and cost to ADIB Securities.
  • Solves problems and makes business decisions to carry out job duties, along with taking necessary courses of action.
  • Keeping clients’ relationships active all the time, through meeting with potential and existing clients regularly, ensures customer satisfaction.
  • Maintains an ongoing call program with large and profitable relationships to enhance the department income.
  • Follow up with new leads and referrals and proactively identify new leads.
  • Maintain a database for each client, each client’s brokerage needs, and the calls made on each client, and the follow up action required.
  • Occasionally provides regular feedback to the chief dealer on market conditions.
  • On a quarterly basis, provide reports to the manager in consistency with the Annual Plan.
  • Monitor progress towards achievement of objectives.
  • Fosters an atmosphere of teamwork and cohesiveness with ADIB securities team members and Private Banking departments and the overall organization.
  • Give feedback about client demand for investment and brokerage products.
  • Alert the manager when new products or brokerage improvements are needed.

Who Can Apply?

Qualification

  • Bachelor’s degree in relevant field.

Experience

  • Minimum of 2-4 years’ direct and progressive experience in GCC and other regional equity markets.

Skills & Knowledge Desired

  • Strong time-management and communication skills.
  • Proficient in MS Office Skills and relevant investment databases.
  • Fluent in English, and Arabic.
  • A strong motivation to succeed.
  • Proficient in MS Office Skills and relevant investment databases.

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