Head of Marketable Securities

  • Competitive
  • Manama, Capital Governorate, Bahrain Manama Capital Governorate BH
  • Permanent, Full time
  • Non-disclosed
  • 23 Mar 18 2018-03-23

Job Purpose:

  • To effectively manage the Bank’s Investment portfolio in Fixed Income & other asset classes, in accordance with the Bank’s limits & guidelines.
  • To advise the Bank’s management about developments in the financial markets relating to all asset classes where Financial Markets has exposure
  • To support the Bank’s expansion strategy into new markets in line with the Group Strategy
  • To be an active member of the GTFM management team, assisting the Group Treasurer is developing and implementation of the business startegy

Principal Responsibilities, Accountabilities and Deliverables of Role:

  • To manage the Bank’s AFS portfolio of Credit & Equity securities. Develop dynamic credit approach to portfolios
  • To submit relevant proposals/ recommendations on investment & trading strategies as required to appropriate authorities
  • To present strategies to enhance returns on the Bank’s trading & investment portfolios
  • To participate in Investment & other management committees as required
  • To assist the other Units in matters relating to Financial markets
  • Oversight and advise on Fixed Income portfolios for Bank’s subsidiaries & branches
  • Developing & managing a team of key individuals across AFS & Proprietary trading
  • Ensure compliance of unit in accordance with International & local regulations
  • Provide inputs for annual budget and business plan for respective businesses.
  • Provide updates on the developments in the financial markets affecting the Bank’s exposure to financial markets to Group ALCO committee (GALCO) as required  
  • Other assignments as agreed with Group Treasurer and / or any other Senior management staff of the bank

Job Context (Circumstances & environment surrounding the job):

  • The Job holder functions within the guidelines and targets set by the Bank’s relevant competent authorities and in co-ordination with the Group Treasurer
  • The Job holder manages the team of traders and analysts in the market accepted disciplines of different markets and maximize returns with established guidelines
  • The Job holder has the responsibility to develop and manage in-house portfolios as well as participating in other institution’s portfolio as required
  • Requires a strategic understanding of Global Financial markets
  • Requires constant interaction with bank’s Senior management specially concerning risk adjusted return, liquidity & capital constraints

Job Requirements:

Education / Certifications

  • University degree preferably in numeric discipline, backed by membership of securities , industry bodies , e.g.: International Securities Markets Association Diploma or IIMR


  • Minimum of 10 years’ experience in trading marketable securities (Fixed Income & Equities) in trading & investment environment. A considerable part of the experience is to have been gained in reputable & large globally known financial institutions.

Personal Attributes

  • Good people management skills
  • Interpersonal & communication skills
  • Ability to adapt to Change
  • Analytical
  • Systems pertaining to financial markets
  • Team player