Trading Analyst

1 week ago


Riyadh, Ar Riyāḑ, Saudi Arabia EFG Holding Full time

Purpose:

Responsible for the daily processing and execution of trades in KSA.

Responsibilities:

  1. Responsible for opening new client accounts, and ensure that all related paper work is complete.
  2. Receive open validity orders (the orders book) and record them on the trading screen before the beginning of the trading session.
  3. Receive and execute any new orders submitted during the trading session.
  4. Follow up with the Account Managers on executed orders during the trading session.
  5. Receive the block trading orders through the Special Deals desk or the Account Managers and execute through the Block Trading screen.
  6. Inform the Account Managers of any news or information that may affect the stock market flow during the session.
  7. Build and maintain relationships with external brokers in order to find investment opportunities for illiquid stocks and vice versa.
  8. Rectify trading errors made by the Traders, Account Managers and/or clients' by executing the trades at the Stock Exchange trading room in the presence of a representative from the Stock Exchange.
  9. On a daily basis, allocate the orders that were executed through the group account during the day to their internal accounts after the trading session.
  10. Send the negotiated transactions if any to the Operations Department to issue the invoices.
  11. Participate in systems (OMS and Broker Mind) updates and upgrades with IT.
  12. Ensure that trading activities comply with the market's regulations and the firm's policies and procedures.
  13. Ensure compliance with all applicable AML/CTF rules and regulations as required in the conduct of the role.
  14. Ensure timely completion of all relevant AML/CTF training provided by the Group.
  15. Ensure response to AML, CTF & sanctions inquiries in a timely manner.

Job Requirements:

  1. Bachelor's degree in any discipline.
  2. Associate: 0 - 2 years' experience in a similar role.
  3. VP: A minimum of 4 years' experience in a similar role.
  4. President: A minimum of 6 years' experience in a similar role.
  5. CME 1 (regulations and operation), CME 3 and Broker license from Tadawul.
  6. Good command of Arabic and English.
  7. Good Microsoft Office skills (Word, Excel and Power point).
  8. Excellent communication skills (written, verbal and listening).
  9. Able to build partnerships and work well in teams.
  10. Can generate creative solutions and has the courage to make necessary decisions.
  11. Has his/her own elevated performance standards and ensures both he/she and the team produce high quality work.
  12. Can manage pressure and conflicting demands and priorities tasks and workload.
  13. Multi-tasker, with the ability to meet changing deadlines.

Any other tasks required within the general scope of the department


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