Job Description
FX Advisory at Emirates Islamic Bank Dubai to is responsible to market and develop significant new business based on thorough market understanding and analysis. He / She shall be responsible for the overall relationship delivery personally. The primary purpose is to assist in achieving the Department FX revenue targets, managing team of FX specialists and enhance/create FX products. The role holder shall work closely with Customer, Treasury and the Relationship Management team at C&IB.
Responsibilities of FX Advisory
- Ensure C&IB FX revenue targets are achieved jointly with respective RMs/ SRMs.
- Cross Sell Treasury products to Corporate & FI clients.
- Understand the complexity of Islamic Treasury product offering.
- Participate in creating new advanced Islamic products.
- Participation in organizing and monitoring campaigns.
- Work closely with MIS team to Monitor performance/Penetration of the portfolio.
- Regular review of the workflow of the FX transactions at the business level and recommend to management ways of improvements.
- Advising, structuring & marketing swaps, complex treasury products.
- Leading cross-sell initiatives through implementing strategy of “one bank” with Trade and Working Capital Teams.
- Promote FX products and services to customers by attending/arranging for meetings and raise engagement/activity with the Bank.
- On boarding eligible clients to Treasury Direct Dealing and SB negotiated rate option in coordination with the provide requested reports.
- Negotiate clients’ rates and margin.
- Actively coordinate with Treasury Department and strive to resolve any pending issues.
- Monitor customer call roaster based on due diligence on the portfolio.
- Build up strategies to match each team and understanding frontline requirements.
- Maintain a tracker for Teams/frontline performance vs. target.
- Ensure the level and type of services is in line with Bank’s corporate and regulatory procedures.
- Timely reporting of operational loss.
- Self development and improvement by identifying training/coaching needs and communicating them.
- Personal and professional development of FX specialists as their direct line manager.
Requirements of FX Advisor
- Relevant education with minimum of Master’s Degree.
- Minimum 2 years of experience with FX Exchange / Complex Treasury products.
Skills and Knowledge Desired
Banking products and operations knowledge.
Assistant Manager Emirates Islamic Bank
Senior Investment Advisor Corporate Banking Emirates Islamic Bank
