Amine Staali, Director - business development

Amine Staali

Director - business development

Synergy Business Intelligence

Location
United Arab Emirates - Dubai
Education
Bachelor's degree, BACHLOR OF COMMERCE SCIENCE (BCOM)
Experience
21 years, 7 Months

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Work Experience

Total years of experience :21 years, 7 Months

Director - business development at Synergy Business Intelligence
  • United Arab Emirates - Dubai
  • My current job since January 2013

Key Profile: Steering UAE operations, heading pre-sales requirements, designing sales strategies, acquiring new clients, managing P/L responsibility and attaining objectives and targets of Dubai office.
• Monitoring RFT, RFQ, RFI, RFP and tenders processes and identifying and selecting international vendors
• Conducting negotiation & closing agreements and preparing plans for future joint ventures
• Setting up Professional Development, Business Analyst and Support team to develop state-of-the-art products for MENA market
• Acting as company representative in the Middle Eastern conferences, seminars and events
• Connecting company with all international potential partners and directing management of major accounts

Business Development Manager (Reporting to MD) at FINANCIAL TECHNOLOGIES
  • United Arab Emirates - Dubai
  • October 2009 to January 2013

Responsibilities:
- Recruited to manage all Financial Technologies Middle East (FTME) operations and accounts.
- Lead four member team in support, account management and sales, driving account growth within brokerage and modern payment technology sales verticals.
- Full responsibilities for profit & loss, new clients and company objectives and targets.
- Design new pricing mechanisms and respond to RFT, RFQ, RFI, RFP and tenders.
- Resolve escalated client issues and spearheading new revenue generating initiatives.
- Maintain detailed sales and account information in support of cross-departmental business intelligence. Collaborate across multiple departments and divisions within the group to co-ordinate on delivery of projects, promote client satisfaction and ensure a competitive edge in the market.
- Represent Financial Technologies Group in the Middle Eastern conferences, seminars and events.

Achievements:
• Successfully added four new major accounts, increasing annual revenue by 28.77%.
• Achieved a successful restructuring that resulted to a 60% cut of the operational cost, improved productivity; eliminated redundant processes.
• Increased sales penetration for the existing accounts by 30.09%.
• Designed and quickly implemented a trading and risk management Co-location to serve DGCX broker members on SaaS model. Acquired three new accounts before the project go live.
• Identified and secured relationships with key clients, facing a tough competition during the economic downturn
• Represented Financial Technologies in the 2009 technology week GITEX.
• Represented Financial Technologies in the 2011 annual 3-day conference of the Arab Federation of Exchanges, Abu Dhabi.

Knowledge &Training Manager (Reporting to Head of Academy) at BAHRAIN FINANCIAL EXCHANGE
  • Bahrain - Manama
  • March 2009 to September 2009

Responsibilities: Relocated to Bahrain Financial Exchange (BFX), a multi asset exchange powered by financial Technologies Group, for a short-term mission work to:
- Contribute in setting up a financial training academy that belongs to the exchange.
- Transfer my financial technologies knowledge to the academy employees.
- Participate in business development and conduct training courses about derivatives trading.
Achievements:
• Contributed in designing training courses and the yearly courses calendar.
• Studied the market needs and defined the attractive courses that rapidly moved up the business.
• Liaised with professionals locally and internationally for outsourcing agreements.
• Met other training institutes and proposed training programs joint ventures.
• Delivered training sessions about futures and options basics.
• Represented the Bahrain Financial Exchange in the fifth annual world Islamic funds and capital markets conference in Bahrain in 2009.

Knowledge &Training assistant Manager (Reporting to GM) at FINANCIAL TECHNOLOGIES
  • United Arab Emirates - Dubai
  • January 2008 to March 2009

Responsibilities:
- Appointed to utilize my financial capital market background, derivatives knowledge and brokerage experience to professionally promote FT end-to-end brokerage solutions to the stock and commodities brokerage houses and banks in the GCC region.
- Handle the relationships with the client’s Arabic speaking seniors.
- Harmonize the FT trading software Arabization.
- Serve and support the key accounts and train the new dealers how to use our application.
Selected achievements:
• Spread the capital market basics knowledge among FTME technical and support teams.
• Arabized the FT trading module and proofread the Arabic translation of all training manuals and booklets as per the common standard Arabic technical and financial jargon.
• Turned failing relationships with existing accounts to secured and solid ones.
• Personally supported one of our major accounts (Multi National Company based in Riyadh) attended the implementation of OMS solution for broking in Saudi Stock Exchange till achieving the successful go live. During the whole project, I successfully performed different duties and roles such as mediator, coordinator, support, trainer, quality assurance monitor and project tracker.
• Collected relevant business information related to brokerage industry & products which was the backbone of developing a new trading software named ‘’ZEUS’’.

Training Senior Executive (Reporting to Head of Training) at DUBAI GOLD & COMMODITIES EXCHANGE
  • United Arab Emirates - Dubai
  • March 2006 to January 2008

Responsibilities:
- Recruited to spread awareness regionally and internationally about trading futures & options and diversifying investments.
- Conduct training courses and deliver official presentations in English and Arabic.
- Train the dealers of the exchange members who to trade on trader work station (TWS).
- Brand DGCX by visiting and meeting the senior management of the largest financial institutions such as investment banks, brokerage houses and investment groups in UAE, Kuwait, Saudi Arabia, Bahrain, Qatar and Oman.

Achievements:
• Conducted training seminars locally and internationally to investors about commodities futures and options for over 500 individuals which resulted to growth in trading volume in DGCX.
• Delivered training programs and workshops in commodities and currencies derivatives for broker members of DGCX. Trained their dealers how to deal with the DGCX trader work station.
• Conducted a training seminar in partnership with Emirates Securities and Commodities Authority (ESCA) about investment diversification and risk management for over 90 professionals from banks, finance houses, brokerage houses and investors.
• Contributed with Dubai Multi Commodities Center (DMCC) in spreading awareness about the world’s first steel futures contract, meeting the seniors of the steel community such as Sabic, Altuwairqi, Qatar steel, Emirates Steel and promoting the first ever steel risk management tool.
• Represented DGCX in the Second Rebar and Galvanized Steel conference 2007, Istanbul.
• Translated into Arabic all DGCX training materials and the daily/weekly Market pulse to be published accordingly which attracted Arabs investor to come on board and invest.
• Delivered lectures about commodities futures and options in Arabic to post graduate students in 10 universities in UAE, building the image of DGCX among the near future traders.

Senior Broker & Team leader (Reporting to Trading Head) at ESSHAM SECURITIES LLC
  • United Arab Emirates - Dubai
  • January 2004 to March 2006

Responsibilities:
- Fully accountable for stock broking on behalf of Essham Securities’ individual and institutional clients, placing electronic orders in Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) and maintaining the relationship.
- Lead and develop the newly established commodities brokerage division in DGCX.
Achievements:
• Increased trading volumes of the existing clients by an average of 3% MoM and on target to achieve over 35% volume growth by year end.
• Dealt directly with customers on one-to-on basis to identify and rectify problems.
• Dealt with DGCX and contributed in fulfilling the procedures to get the clearing and trading membership on DGCX.
• Cultivated and trained the broking, sales and customer service teams about the newly established commodities brokerage service in DGCX exchange.
• Have been rapidly promoted to team lead the commodities brokerage division.

Introducing Broker at Royal Index
  • Algeria - Algiers
  • October 2002 to January 2004

• Execute Forex trades for customers who both walk in and call over the phone in accurate and professional manner
• Provide currencies quotes and news to customers
• Provide training sessions for the investors about spot currencies trading and technical analysis.

Education

Bachelor's degree, BACHLOR OF COMMERCE SCIENCE (BCOM)
  • at Ibn Badis University
  • July 2002

Specialties & Skills

Cross functional Team Leadership
Business Operations Management
Business Brokerage
Contract Negotiation
Account Penetration
• Forex, futures, options, warrants, bonds, stocks, swaps, ETF, CFDS, technical and fundamental ana
TV programm speaker (commodities)
Data Analytics solutions, data science story teller, data modeling
Relationship creation and managemnt

Languages

English
Expert
Arabic
Expert
French
Expert

Memberships

Algerian Business Council in Dubai
  • Co-Founder and vice Chaiman of the Board
  • March 2014

Training and Certifications

Commodity Professional Program (Certificate)
Date Attended:
August 2007
Valid Until:
September 2007
authorised broker (Certificate)
Date Attended:
May 2006
Valid Until:
July 2006

Hobbies

  • Chess game, shooting and cinema