Broker, Abu Dhabi Islamic Bank UAE

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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