Trader – Global Equity and Derivatives
Job Description
About ENBD
Emirates NBD is a market leader across the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 9 million customers. Emirates NBD is the leading financial services brand in the UAE with a Brand value of approximately USD 4 billion.We serve our customers and help them realise their financial objectives through a range of banking products and services including retail banking, corporate & institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations.
We are a key participant in the global digital banking industry, with 97% of all financial transactions and requests conducted outside of our branches. We also operate Liv, the lifestyle digital bank by Emirates NBD. With over half a million users, it continues to be the fastest-growing digital bank in the region.
Job Overview
As a Trader – Global Equity and Derivatives at Emirates NBD, your role is to manage global equities, regional equities and derivatives flows on the desk. This is essentially a call & trade desk, where clients call in for real-time trade execution.Trading desk operates for 20 hrs and covers clients across the bank be it individuals, companies, external asset managers, institutions, or family office.
Key Responsibilities- Execute all market orders promptly and accurately, an experienced trader thus manages customer sensitivity, market sensitivity, and operational sensitivity all at the same time.
- Brings along experience in global markets, keeps a keen eye on current events, and is able to have knowledgeable conversations with clients.brings along experience in global markets, keeps a keen eye on current events, and is able to have knowledgeable conversations with clients.
- Ability to study market dept in order to work on bulk and complex transactions, having a sound understanding of market jargons.
- Handle client calls and executing market orders in equities, futures and options.
- Manage buy and sell orders received over phone / OMS & EMSX
- Ensure best execution of all orders, choosing appropriate algo based on order size and market liquidity.
- Maintain balances for buy vs sell.
- Client MTM and margin call monitoring
- Adhere to market operating hours.
- Flexibility to work in evening shift US Markets is important. Adaptability to work and support across shifts when required.
- Professionalism in managing clients and ensuring operational efficiency in tasks.
- Minimum Bachelor's degree education
- Master's in finance/ commerce/ economics/accounting preferred
- Professional certifications like CISI/ SCA preferred
- At least 10 – 15 yrs experiences in the financial services industry, with last 5-10 yrs on an active trading desk with a broker or bank covering US Markets and derivatives
- experience of Execution platforms and knowledge of the various global exchanges
- Technical knowledge on Bloomberg, EMSX, OMS systems, Trading platforms
- Technical knowledge of Local and International Equity Markets & listed global Derivatives
There's never been a better time to join Emirates NBD.
We're one of the region's most recognisable brands. We're banking innovation leaders. We're growing across both the UAE and our global offices. We offer a huge range of professional development opportunities to accelerate your career. It also goes without saying that we provide extremely competitive rewards, benefits and perks too, like our flexible work policy so you can work from home whenever it suits.
At ENBD, we encourage interested candidates to review the key responsibilities and qualifications for each role and apply for positions that match their skills and capabilities.