What the equity derivatives sales associate job in Dubai involves
The associate spots client needs and sales openings, brings clients market information and HSBC content, and helps get transactions executed, working alongside Trading, Structuring, Research, Relationship Managers and the control functions. The contract is fixed term: under the UAE’s New Labour Law, HSBC UAE issues 4-year contracts in line with the work permit term, with DIFC and ADGM employees excepted.
Responsibilities
- Handles day-to-day relationships with institutional clients, learning their investment objectives, portfolio strategies, financing requirements and product needs
- Develops business across Prime Services, Equity Derivatives, Cash Equities, Financing and Securities Services
- Supports the marketing, pricing and execution of equity derivative, financing and prime services trades, among them options, futures, swaps and structured solutions
- Shares market intelligence, trade ideas, research, trader axes, structured solutions and HSBC content with clients
- Coordinates order handling, trade capture, confirmations, margin, collateral, settlement and other post-trade steps
- Follows approved procedures for onboarding, suitability, order handling, communications and record keeping, and escalates risks and control issues
- Works with Securities Services, Operations and other internal teams, backs up senior colleagues and passes on client and market intelligence
Requirements
- Experience in Prime Services, Equity Derivatives Sales, Equity Sales, Financing Sales or a related Global Markets role
- Strong command of cash equities, equity options, futures, swaps, structured products, securities lending, margin financing and portfolio financing
- Understanding of transaction execution, trade lifecycle management, clearing, settlement, collateral and other post-trade processes
- A track record with institutional clients such as hedge funds, asset managers, family offices, banks and other market participants
- Strong communication, relationship and stakeholder management skills, with the ability to explain market developments and shape solutions around client needs
- Good grasp of Front Office risk, governance, conduct and control requirements, backed by sound organisation, attention to detail and the ability to work under pressure
- Valid attestation and equivalency for any degree obtained outside the UAE, since the degree is essential for the UAE visa/work permit
Preferred qualifications
- Coverage of MENAT markets
About HSBC
HSBC’s Corporate and Institutional Banking (CIB) business describes itself as emerging markets-led and financing-focused, serving corporate, government and institutional clients through an international network that links emerging and mature markets. Its offering spans advisory, financing, prime services, research and analysis, securities services, trading and sales, and transaction banking. Within CIB, the MSS division helps clients reach financial markets and manage the risks that come with them, and its MENA operations run product support teams for GFX, Fixed Income & Rates, Equities & Collateral and Cross Product Services.
How to apply
Applications are handled on HSBC’s careers portal, where candidates can apply using the button below.
Apply through the employer's link: portal.careers.hsbc.com
Apply for this jobApplying is free and goes directly to the employer.
This specialty in Madar Jobs data
- Jobs published on Madar Jobs in Account Management in the UAE over the last 90 days: 3.
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