Mudassir Sheikh, Manager Money Markets and Fixed Income

Mudassir Sheikh

Manager Money Markets and Fixed Income

Ajman Bank

Lieu
Émirats Arabes Unis - Dubaï
Éducation
Baccalauréat, Accounting & Finance
Expérience
21 years, 8 Mois

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Expériences professionnelles

Total des années d'expérience :21 years, 8 Mois

Manager Money Markets and Fixed Income à Ajman Bank
  • Émirats Arabes Unis - Dubaï
  • Je travaille ici depuis août 2010

• Established new and strengthened existing corporate and institutional relationships.
• Improved volumes from existing clients adding an increment of USD 0.7M to bottom line.
• Met clients, updating & addressing any queries related to the markets and individual securities.
• Utilized Islamic financial instruments to manage the treasury’s book (circa USD 500M) keeping an eye on spreads, maturity gaps, liquidity and re-pricing of the overall asset-liability book.
• Generated sukuk capital gains and arbitrage income of USD 6M
• Preparing monthly reports and attendee of the ‘ALCO’ highlighting top messages and developments.
• Analyzed and made recommendations to the ‘Investment Committee’ along with market developments.
• Able to generate FX option pricing and spread analysis over Bloomberg and Reuters.
• Trained in SunGard ALM Focus and Excel CUBE to extract balance sheet related analysis.

Development Initiatives:
- Leading development of ‘Gold’ based products for customers.
- Working on establishment of local equities and real estate fund to be offered to clients.
- Established bank’s ability to execute Profit Rate Swaps for hedging and clients
- Launched Sukuk custody service and Sukuk based investment product for clients.
- Shari’a complaint structured deposit trades (Documentation to execution).
- Led the development of a new Fixed Income sales-trading desk.
- Negotiated and executed Sharia complaint product documentations with counterparties.
- Led client discussions and trained staff at relationship divisions for ‘Sukuk investment’

Manager FX and Fixed Income (Sales Trading) à United Bank Limited
  • Émirats Arabes Unis
  • juillet 2007 à juillet 2010

Led communication with corporate and retail clients on bonds, hedging via FX options and forwards
 Executed high volumes of IRS, FX Options and ran a profitable USD/GBP book for 12 months
 Provided Bonds and FX liquidity to bank’s International network from London, Zurich to Middle east
 Undertook real time liquidity management of UBL’s M.E. network; Qatar, Bahrain, Yemen & UAE
Selected Achievements:
- Established fixed income desk and built F.I. relationships for investing, arbitrages and sales
- Built on bank’s competitiveness in PKR remittances by leading process re-engineering.
- In 1st year achieved AED 5M profit target of which AED 800k was incremental due to sales efforts
- Achieved a performance rating of ‘Outstanding’ consistently during my tenure

-Selected for overseas placement from a pool of over 1200 applicants into via a competitive program.

Radio Show Host à FM 100 Radio
  • Pakistan
  • septembre 2002 à mai 2007

• Presenting/Hosting, formatting and editing English music Radio shows thrice a week.

Project Manager à Centre Stage Productions
  • Pakistan
  • mai 2006 à février 2007

• Produced and Managed theatrical products.

• Responsible for sponsorship/ sales, Marketing, Media Management.

Intern à Ernst & Young Internaional (Chartered Accountants)
  • Pakistan
  • juin 2005 à août 2005

Member of Audit team.
• Performed the audit of a limited company which was a leading tractor manufacturer in the country
• Responsible for the financial statements notes of Expenses and Liabilities & contingencies and
commitments
• Responsible for inventory stock takes.
•File keeping methods were enhanced with better representaion and search methods

Éducation

Baccalauréat, Accounting & Finance
  • à Lahore University of Management Sciences
  • juin 2007

Specialties & Skills

FX Options
Fixed Income
Islamic Finance
Treasury Management
Financial Markets
Public Speaking
MS Office
Effective Communication
Presentation Skills
Interpersonal Skills
Team Management
Effective Selling

Langues

Anglais
Expert
Arabe
Débutant
Urdu
Expert
Hindi
Moyen

Adhésions

LUMS Alumni Association
  • Member
  • July 2007

Formation et Diplômes

Investing across the Yield Curve (Certificat)
Date de la formation:
June 2013
Valide jusqu'à:
July 2013