QNB2461 - Senior Trader Institutional Sales

  • Business Unit
    QNB - Qatar
  • Division
    QNBFS
  • Department
    Trading
  • Country
    Qatar
  • Closing Date
    25-Sep-2022
About QNB

Established in 1964 as the country’s first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region.

QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.

QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A), Moody’s (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.

Based on the Group’s consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.

QNB Group has an active community support program and sponsors various social, educational and sporting events.

Role Summary

The Senior Sales Trader will take responsibility to act as the main operational contact for a portfolio of key client relationships and execute orders on behalf of the Institutional clients (domestic and foreign) based on their instructions, while adhering to the policies and procedures in place by QNB. 

Role Description

Execute/Distribute orders passed by the Sales Traders and report execution in a timely fashion. Work on sourcing liquidity from other Brokers/Clients and build a database of available block securities.

Generate trade ideas and disseminate research view to highlight market opportunities for clients

Periodically perform client meetings (locally and regionally) and seek feedback

Assist the Trading Department in converting leads of Institutional clients by marketing the desk’s trading and execution capabilities and intelligence flow in all active markets and successfully presenting the businesses service offerings and their value proposition

Work closely with Sales traders to insure best executions for all clients.

Perform customer information validation and order validation while taking orders on a particular transaction from the customer.

Assist in the development of the trading desk by coaching junior sales trader and dealers.

Provide inputs to senior management for streamlining order execution and management during critical rebalancing events 

 

 

Qualifications

Graduate degree in Finance or Economics

Further study to include MBA is preferred  

At least 5 years of experience in relationship management with at least 3 years in a brokerage firm with Broker Dealer experience preferred

Experience of regional sell-side equities is essential

GCC market experience is essential

Note: you will be required to attach the following:
  1. Resume/CV