Assistant Chief Dealer
Sharjah Islamic Bank
مجموع سنوات الخبرة :17 years, 3 أشهر
Managing the treasury team on different desks.
• Managing the Accounts and mismatches in all international currencies.
• Actively trading USD/QAR in the local and international market.
• Heavily trading foreign exchange swaps to meet clients and bank’s liquidity needs.
• Offering hedging solutions for the bank’s book and clients need (FX forwards, Par FX
forwards, Flexi FX forward, DCD, etc.).
• Enhancing relation with already existing counterparties and bringing new counterparties to
ensure getting best quotations.
• Pricing all kind of Islamic Deposits (Murabaha, Mudharabah, etc.).
• Managing risk arising from sales activities or other exposures to maximize the bank’s profits
within the assigned limits.
• Monitor and managing vigilantly foreign currency and liquidity ratios and assure adherence to
Qatar Central Bank (QCB) regulations.
• Actively making regular visits to prospective clients offering different types of Treasury
products.
• Replacing the Head of FXMM in his absence.
• Adherence to Shariah compliance regulations as well as other market risk and counterparties
limits structure.
• Provide market commentaries, views, and forecasts on the FX market to the clients.
• Preparing the cost of funds and treasury reports for ALCO.
• Managing and Supporting the bank’s staff beginners and intermediate level with training and
education of all Treasury business.
Achievement:
• FX profits exceeded the budget by 12.5%.
Senior Foreign Exchange Dealer (2009 till Present)
•Analyzing foreign exchange technically and fundamentally.
•Prop and flow trading G10, GCC & USD/EGP.
•Increasing customer base by meeting and educating clients around market strategies & risk management.
•Preparing the daily rate sheet and handling the FX Blotter.
•Promoting & Selling products and services to clients including structured products.
•Interacted & managed on a daily basis with corporate & high net worth clients.
•Frequently traveled to meet clients in the gulf region to increase business.
•Assisting the treasurer and chief dealer in the trading strategies.
•Conducting FX, Forwards, Dual Currency Deposits & Banknote deals within the assigned limits.
•Managing the bank’s FX position at maximum profit.
•Providing timely, fast service and competitive pricing & quotations to the bank's customers in order to maintain life time value of clients.
•Running the USD/EGP position as a market maker.
•Managing the banknote position of the bank through cash shipments.
FX Achievement:
•Played a pivotal role in contributing 10-12% of total profits of the bank in 3 years on the foreign exchange desk, wherein the team was bestowed by global finance as the best foreign exchange provider in Egypt 2011.
Money Market Dealer (2007-2009)
•Managing cash flow of the bank, by providing liquidity and maximizing profits within assigned limits.
•Conducting transactions in the interbank market.
•Assisting in managing the treasury bills and bonds portfolio.
•Preparing the liquidity gap report for the ALCO.
•Analyzing changes in financial, economic indicators & market conditions.
•Taking advantage of the interest rate gapping opportunities in the interbank market.
•Complying with all the central bank regulatory limits (reserve requirements & liquidity ratios).
•Enhancing treasury products and introducing new products to the bank.
•Handling daily activities by conducting lending & borrowing, SWAPS & cash shipments deals.
•Analyzing the cost of funds.
MM Achievement:
•Successfully managed the cash flow & liquidity of the bank during the financial crisis.
Activities: Student in Free Enterprise (SIFE). Head of fund raising, participated in attaining sponsorship packages, HENKEL and ACC (Arab contractors construction)