FX trader
Qatar National Bank
Total years of experience :20 years, 8 Months
Trading G10 and GCC in Spot, Forward and Swap markets with Governments, Central Banks, Corporate institutions and international banks. Pricing sizable amounts and anticipate its impact on the global market Covering the bank nostro accounts in all active currencies. Present a full range of hedging tools for clients including options, IRS and other derivatives products. Handling the bank’s portfolio of foreign currencies and seizing profit opportunities in the market through utilizing price fluctuations after conducting a market scrutiny. Managing branches’ position exposures & the bank’s overall FX position within the limits approved by the bank’s management & the Governing authorities. Coordinating with treasury settlement and control to maintain all deal records
• 2009 - Present: Senior Dealer, Treasury Department Arab Banking Corporation (ABC), Cairo-Egypt
Heading the Money Market and Fixed Income Desk in ABC Bank.
Managing the Accounts, Positions, and portfolios of the Bank.
Working under extreme work pressure conditions for very long periods of time in a team work environment.
Managing reserve, concentration and liquidity ratios set by the bank and by the regulator.
Managing the trading and investment treasury bills portfolios.
Trading all fixed income instruments in the Egyptian Market (Treasury Bills, Treasury Bonds, Certificates of Deposits, EuroBonds).
Developing automated systems to help up easing the work and improving the performance.
• 2008 - 2009: Money Market Fund & Fixed Income Portfolio Manager, Asset Management, Rasmala, Egypt
Heading the Fixed Income Desk in Delta-Rasmala Asset Management.
Managing Export Development Bank of Egypt Money Market Funds.
Setting up the investment strategy for all fixed income portfolios.
Managing all the cash positions in mutual equity funds or portfolios managed by Delta-Rasmala Asset Management.
Trading all fixed income instruments in the Egyptian Market (Treasury Bills, Treasury Bonds, Certificates of Deposits).
Member of the Investment Committee of Delta-Rasmala Asset Management.
Following up the limits and investment restrictions and guidelines of each fund and portfolio.
Arranging quarterly meetings with our clients to follow up performance and clients' needs assessment.
Monthly reporting to our clients.
• 2005-2009: Dealer, Treasury and Capital Market Department Arab Bank PLC,
Cairo-Egypt
• 2003-2005: Operation, Treasury and Capital Market, Arab Bank PLC
Daily communication with Dealing Room and Capital Market departments to get work orders.
Execute all deals done by the traders.
Prepare the notices and payment orders required for the correspondent banks to transfer the amounts as per the deal and Make sure that entry is correct.
Answer enquiries concerning any problems related to deals and take the necessary action.
Prepare statistical reports and send them to concerned parties.
Prepare the approvals for exporting banknote and send the relevant notices to the Central Bank as per instructions.
Review counterfeit and shortage in banknote operations with domestic and foreign banks to cover the bank's obligations.
Make sure of the reconciliation of pending items and taking the necessary actions in coordination with all relevant parties for settlement of such items.
Contact with branches, domestic and foreign banks to follow up and confirm correct execution of deals.
Courses achieved: Investment Analysis and Portfolio Management, International Business Finance & Capital Markets ,Financial Accounting, Managerial Accounting, Financial Resources Management, Marketing Decision-Making , Understanding the Economic Environment, Creating, Structuring & Managing Organizations, Decision-Making Tools, Manufacturing & Service Operations Management, Strategy, Strategic Design & Strategic Behavior and Human Resources Management.
Grade: Distinction