Assistant Manager, Personal Banking Solutions at Commercial Bank of Dubai CBD
Dubai, دبي, United Arab Emirates -
Full Time


Start Date

Immediate

Expiry Date

27 Jun, 25

Salary

0.0

Posted On

27 Mar, 25

Experience

3 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Stable Management, Credit, Product Knowledge

Industry

Banking/Mortgage

Description

OVERVIEW

Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features, and services.
CBD has been recognized as the number one bank in the UAE on the Forbes list of The World’s Best Banks 2022.
As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people - your colleagues and our customers and delivering service that really goes the extra mile.

EDUCATION AND EXPERIENCE

  • MBA/CFA preferred.
  • 5 years’ experience in a Treasury & Finance field with at least 3 years in an active Dealing Room of a Bank in UAE.
  • Strong Treasury product knowledge across all asset classes.
  • Knowledge of banking operations, credit, and risk management.
  • Good knowledge and experience in an emerging market economy would be a definite advantage.
    Requirements About the company In 1969, when we at Commercial Bank of Dubai started out little did we know that sheer grit and determination would get us where we are today. An Emiri Decree issued by His Highness the Late Sheikh Rashid Bin Saeed Al Maktoum, the founder of modern Dubai, laid the cornerstone of Commercial Bank of Dubai. We started out as a joint venture of Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait. A minority stake was held by a few UAE businessmen. By 1982, little more than a decade later, we evolved into a National Public Shareholding company. A feat complimented by an exponential increase in the capital base and mammoth restructuring of our operations. The feather in the cap came when the Government of Dubai became a key shareholder. Over the decades, we have transformed ourselves into a progressive and modern banking institution. We are supported by a sturdy financial base and reigned by a strong and stable management. The proof of which lies with our customers who have stood by us over the years
Responsibilities

JOB PURPOSE

To oversee FX flow sales, calling out to clients and managing flow calls and prices and system-based hedging as deals materialize.

PRINCIPAL ACCOUNTABILITIES

  • Organize own client data on a daily basis relating to calls made, activity, latest pricing, and client conversion from simple flow to more complex products as directed by senior management in sales.
  • Focus on cash and forward sales on all products to include debt as well as FX-related products as well as simple derivatives.
  • Extract data and prepare reports as business requirements.
  • Closely monitor the desk client flow sales revenue and report any unusual or extraordinary activity to senior sales management for analysis.
  • Follow strict flow desk discipline to ensure maximum proactive client calls are made each day as well as give time and effort to expand and grow revenues from own client line-up as directed by senior sales management.
  • Good understanding of FX spot and forward pricing.
  • Negotiate and close large ticket deals as well as small ticket deals with the same enthusiasm and possess in-depth understanding of global market trends and products in order to market and relationship manage clients directly and mainly over the telephone and email.
  • Develop relationships with PBG RMs as well as corporate and institutional RMs.
  • Contribute content for each weekly publication sent from Treasury.
  • Target 20-30 daily calls to clients and RMs.
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