Job Summary

Commercial bank Financial Services is hiring a Market Making Trader will be in-charge of Market Making; (MM) Strategies and Trading Algorithms based on market characteristics with respect to the assigned list of securities in the Qatar Exchange. He should develop the appropriate strategy for sponsored MM as well as for proprietary MM within the set guidelines. Analyse stock price movement and overall market, sector and identify trading pairs. He is required to independently manage the MM desk in adherence to CBFS policies and procedures and in full compliance with the regulatory regime.

Key Accountabilities

•   Trade and manage risk of specific MM trading products. Day to day responsibility of liquidity provisioning as per the agreements with Issuers.

•   Design and present MM trading scheme for potential Clients.

•   Apply advanced statistical techniques to trading and use analytical problem-solving skills to develop new trading tactics.

•   Understand all trading techniques thoroughly and utilise them be benefit of company

•   Operate within trading limits and risk parameters set per security and for overall MM business 

•   Achieve targets set within defined trading size, spread, time and quantity. 

•   Balance P&L with Head of Brokerage and Finance Officer on a daily basis in order to calibrate orders for the following day. 

•   Tally MM trading with QE records and evaluate the value at risk on daily open positions, Daily calibration of positions to be bought/sold in the selected securities, vetted by the Head of Brokerage and Finance Officer. 

•   Daily reporting of positions, marked to market valuation and value at risk to Head of LP & MM, Finance Officer and Compliance Officer.

•   Ensure adherence to legal, compliance and risk management policies and internal procedures. 

•   Review all securities transactions to ensure that trades conform to applicable regulations and CBFS policies and procedures. 

•   Ensuring that 'Chinese Walls' are strictly maintained with the trading desk. 

•   Abide by the Policies and Procedures developed for maintaining the Information Security for the CBFS and shall take on active responsibilities in achieving, managing and maintaining the ISO 27001 standard 

•   Ensure high standard of confidentiality and ethical trading to safeguard client and organization's best interest.

Skills

Competencies

• Account Management
• Adaptability/Flexibility
• Customer Focus
• Customer Service
• Decision Making/Judgment
• Job Knowledge
• Managing Conflict
• Meeting Management
• People Development
• Productivity
• Quality
• Results Focus
• Sales Goals
• Sales Organization
• Sales Skills
• Sales Team Support
• Self Development
• Strategic Thinking/Management
• Team Leadership
• Technical Skills
• Territory Management
• Vision and Values

Skills

• Ability to interact with internal and external stakeholders in a multi-cultural environment
• ATM Knowledge
• Auditing
• Auditing
• Bank Checks
• Bank Computer Systems
• Bank Operations
• Bank Operations
• Bank Policies and Procedures
• Bank Policies and Procedures
• Bank Policies and Procedures
• Bill Payment Procedures
• Bond Services
• Branch Management
• Budgeting
• Building and Managing Teams
• Cash Drawer Balancing
• Cashiers Checks
• Certificates of Deposit
• Certification in Anti money laundering (CAMS certification)
• Check Cashing Procedures
• Checking Accounts
• Checking Accounts
• Closing Procedures
• Consumer Lending
• Credit Card Accounts
• Customer Conflict Management
• Customer Contact Management
• Customer Focus
• Customer Relationship Management
• Customer Service
• Customer Service
• Customer Service
• Customer Service
• Customer Service Orientation
• Customer Surveys
• Data Entry
• Deposits and Withdrawals
• Direct Customer Interface
• Due Diligence
• Escalation Procedures
• Escrow Services
• Extensive knowledge of the banking sector in Qatar and the region
• Financial Analysis
• Financial Consulting
• Financial Product Knowledge
• Financial Products
• Financial Products
• Foreign Exchange
• Foreign Exchange
• Functional Management
• Holiday and Vacation Clubs
• In-depth knowledge of cheque processing
• Insurance Knowledge
• Interpersonal Relations
• Issues Management
• Knowledge of AML/ CFT process and KYC regulations
• Knowledge of Retail Banking Industry and branch banking
• Leadership
• Listening
• Loan Management
• Loan Payment Procedures
• Loan Processing
• Mutual Funds
• Negotiating
• New Accounts
• Night and Mail Deposit Procedures
• Online Banking
• Online Banking
• Online Banking
• Oral/Written Communications
• People Management
• Performance Management
• Personal Banking
• Planning
• Private Client Services
• Problem Solving
• Problem Tracking Tools
• Product/Service Knowledge
• Recruitment
• Regulatory Compliance
• Regulatory Compliance
• Regulatory Compliance
• Relationship Management
• Relationship Management
• Resource Management
• Risk Analysis
• Risk Management
• Safe-Deposit Box Procedures
• Salesmanship
• Salesmanship
• Savings Accounts
• Savings Accounts
• Security Procedures
• Security Procedures
• Series E Bonds
• Service Culture Creation
• Service Level Agreements
• Strategic Planning
• Teller Computer Systems
• Travelers Checks
• Vault Procedures

Education

• Bachelor degree or equivalent