Director Credit Trading Director Credit Trading …

Bruin
in Abu Dhabi, Abu Z aby, United Arab Emirates
Permanent, Full time
Last application, 28 Nov 21
competitive
Bruin
in Abu Dhabi, Abu Z aby, United Arab Emirates
Permanent, Full time
Last application, 28 Nov 21
competitive
Posted by:
John Newstead • Recruiter
Bruin
Posted by:
John Newstead
Recruiter
Our client, the largest bank in the UAE is seeking to hire a Director of Credit Trading to compliment their existing team.

Our client is seeking an individual to help build the CDS market making business in the region with a clear skew towards pnl generation.

Someone who is a self-starter and takes initiative - not afraid to assume responsibilities outside the normal spectrum of trading duties, including project management.

A clear communicator across multiple platforms – ability to deliver messages to wider audiences through presentations as well as individual conversations.

A strong risk manager with the ability to trade both on proprietary and with accounts.

KEY ACCOUNTABILITIES:

Day to Day Activity:

  • Market making GCC CDS contracts;
  • Regularly send out prices for all liquid 5yr points as well as curve prices;
  • Commit to proprietary trades to help fund the business whilst critical mass of market making activity is build utilizing bonds/CDS and various strategies;
  • Originate trading ideas to be distributed to sales and clients alike;
  • Weekly calls with Sales to discuss direction of business;
  • Willingness to make presentations and take client calls to complete trades with new users of product;
  • Utilise current mapping of account base in region to engage on a daily basis on CDS trading opportunities;
  • Checking back office trade queries and liaising with various internal and external stakeholders to build the required infrastructure for the asset class.
  • Pnl reporting and confirmation;
  • Streamlining Asia business with the local region.

QUALIFICATIONS & EXPERIENCE:

Minimum Qualification:

  • Bachelor’s degree in Finance, Accounting, Economics, Commerce or any related discipline.

Minimum Experience:

  • Minimum 7 years Credit trading experience preferably across both Cash and CDS;
  • Familiar with accounts in the region especially those who transact in derivatives;
  • Strong Microsoft office skills including VBA/Macro development – programming language a plus;
  • Strong interpersonal skills;
  • Strong analytical background;
  • Experience with Murex;
  • Bloomberg User;
  • Self-starter which shows initiative in resolving front office issues across traded products.

 

Company Overview

Bruin is an independent recruitment consultancy with an exclusive focus on the financial and professional services sector.

Bruin is preferred supplier to the world's leading institutions who value our boutique apporach, our Consultants' in depth knowledge, and our award winning diversity and inclusion services. 

As a specialist consultancy, we focus on assisting experienced candidates in our core areas and partner with clients to provide tailored advisory solutions. 

Our core areas across the UK and Europe include:.

Acturial; Broking, Underwriting & Claims; Change Management & Technology; Compliance; Credit & Risk Management; Finance & Accountancy; HR & Secretarial; Investment & Middle Office; Legal; Operations; Pensions & Employee Benefits; Sales & Marketing

Our Consultants are some of the most experienced financial and professional services recruiters in the UK, offering expert advice and insight into the current jobs market. Whether you are seeking a short term assignment that suits your availability or the next permanent step in your career, our Consultants are on hand to help you secure the role that matches your needs.

Bruin has been recognised by a number of industry awards for our innovative diversity and inclusion initiatives. As a business we are vocal champions for a diverse talent pipeline and are proud of the reputation we have built in this area.

Bruin recognises the positive value of diversity, and aims to promote equality and challenge unfair discrimination.

As a champion of equal opportunity employment we welcome applications from all suitably qualified persons - men and women, people of all ages, sexual orientations, nationalities, religions and beliefs.

We particularly encourage applications from women, disabled, and Black, Asian and minority ethnic candidates as these groups are underrepresented throughout the financial services industry. 

Our clients work with us because they value a diverse workforce, and subscribe to our shared principle that all appointments are made on merit and that ability to perform the job will be the primary consideration.

 

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