Foreign Exchange and Money Market Dealer

7 days left

Employer
Arab Monetary Fund
Location
Abu Dhabi, United Arab Emirates
Salary
Competitive
Posted
Aug 23, 2019
Closes
Sep 22, 2019
Ref
5916613
Job Function
Foreign Currency
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Job Purpose:

Act as a member of the foreign exchange and money market unit and work with other colleagues in the treasury division by assisting to manage the surplus liquidity through deployment of funds in FX and deposits.

Duties & Responsibilities:
  • Execute FX deals (spot, forward, and swap) for the purpose of hedging and portfolio realignment.
  • Execute deposits transactions (acceptance and placement) in accordance with the AMF investment guidelines and procedures and within the Department's strategy and plan in terms of selection of banks tenure and geographical distribution.
  • Generate daily, weekly, and monthly investment reports for various FX and placements activities in accordance with the approved investment strategies and allocation of funds, and policies and procedures.
  • Carry out any other work assignments relevant to the Division.

Education:
  • Bachelor Degree in Finance, Economics, Business Administration, or Investment Management from a reputable university.
  • Professional qualification of CFA is preferable. Professional dealing certificate is an advantage.

Experience:
  • 3 years of experience in Foreign Exchange and Money Market dealing

Skills:

Qualifications and practical experience and skills.
  1. National of member Arab Countries or of Arab origin.
  2. Able to follow and comply with work related policies, procedures, and processes.
  3. Ability to work under pressure and plan for own work schedule.
  4. Professional use of spread sheets and Bloomberg, Reuters and data services"
  5. Proficient report writing skills.
  6. Proficient investment research and studies skills.
  7. Understanding of financial markets.
  8. Basic portfolio management skills.
  9. Proficient risk management skills.
  10. Proficient foreign exchange and money markets dealing skills.
  11. Arabic and English language skills.

The Fund offers competitive terms of service in accordance with the applicable employment policy, which includes tax free salary, housing allowance, furniture allowance, air tickets, education allowance, and life & medical insurance.