Associate, Local Institutional Trading

Purpose

Responsible for the daily processing and execution of trades across different markets.

Responsibilities

1. Develop business opportunities with established institutional clients by providing full market coverage in terms of orders execution, market data, news, market chatter and initiating trade ideas.
2. Accept clients trade orders through different channels e.g. phone, e-mail, Bloomberg msg/chat, FIX message, and execute them in line with the clients instructions.
3. Monitor the stock performance and determine how best to work the order. Understand different types of orders (insx, vwap, volume restricted, price restricted and/or benchmarked) taking into consideration the effect of working with volumes, importance of bid, offer spreads etc.
4. Book the day's executions over the internal booking system (OMS/Broker Mind), revise generated invoices and send invoices and confirmations to clients when needed.
5. Ensure that the firm's trading activities comply with market regulations and the firm's policies and procedures.
6. Develop and maintain a relationship with clients by:

a.proposing trading activities based on their interests.

b.acting as a focal point between them and the back office and the local broker to process all pending/unsettled trades.

c.staying up-to-date with the fundamental and technical analysis reports as well as daily markets news to ensure proper fulfilment of their inquiries regarding market updates and changing dynamics of the region.

d.offering access solutions using EFG Hermes access products or structured products.

e.enhancing personal communication

7.Keep abreast of all markets offered by EFG Hermes to allow cross-border growth between the desks.

8.Ensure compliance with all applicable AML/CTF rules and regulations as required in the conduct of the role.

9.Ensure timely completion of all relevant AML/CTF training provided by the Group.

10.Ensure response to AML, CTF & sanctions inquiries in a timely manner.

Job Requirements

1. Bachelor's degree in any discipline.
2. Experience:

a.Analyst – Associate: 0 - 4 years experience in a similar role.

b.Associate Vice President: a minimum of 4 years experience in a similar role.

c.Vice President: a minimum of 6 years experience in a similar role.

d.Associate Director: a minimum of 6 years experience in a similar role.

e.Director: a minimum of 8 - 10 years of experience in a similar role

3.In-depth understanding in the workings of capital markets and investment products and services.

4.Experience in sales and client services in an, investment and trading environment.

5.Strong analytical skills.

6.Able to collect information and arrange into logical arguments.

7.Very good command of Arabic and English.

8.Good Microsoft Office skills (Word, Excel and Power point).

9.Excellent communication skills (written, verbal and listening).

10.Able to build partnerships and work well in teams.

11.Ensure deliverables are always of a high quality.

12.Can identify problems and refer/escalate complex issues to a higher level.

13.Can manage pressure and conflicting demands, and priorities tasks and workload.

14.Multi-tasker, with the ability to meet changing deadlines.

Thank you for your interest in applying to EFG Holding. Due to the high volume of applications/interest, please note that we are only able to respond directly to applicants that are shortlisted for interviews.