• CBD Bank UAE Careers | Investment Administrator

    CBD Bank UAE Careers | Investment Administrator

    Location: Dubai - United Arab Emirates

    Job Description

    The main purpose of the job is to support Investment Advisors in sales and servicing of investment clients and to support the department in product management

    Duties and Responsibilities

    Your main responsibilities in this role include the following:

    • Prepare term sheets using data available on Bloomberg / other sources for every client transaction – bonds, leverage, funds, equity etc.

    • Execute all investment transactions on the system

    • Execute bond transactions with the fixed income desk

    • Enter leverage applications on CVX / Cofax system and coordinate with Credit and Credit Admin for booking of facility

    • Manage all client documentation, collection of original subscription documents and submitting them to back office

    • Be the single point of contact for all operations related matters and coordinate with back office for smooth transaction processing

    • Be the single point of contact for Elite and Private Banking RMs for resolving client related service issue

    • Interact with clients, when required, to resolve service queries or complete documentation

    • Execute investment subscriptions with external product providers

    • Collate product updates and factsheets from external fund managers and distribute to advisors and RMs across segments

    • Track sales MIS, revenue booking and management fee booking and collection. Provide regular updates to Financial Control.

    • Coordinate with IT for regular upkeep and maintenance of investment system

    Job Requirements

    • Bachelor degree

    • Minimum of 3 years of banking experience.

    • Exposure to wealth management environment would be preferable

    • Good numbers skills and good knowledge of excel.

    • Accuracy and attention to details.

    • Ability to interact with clients.

    • Ability to manage inter-departmental work flow.

    • Excellent knowledge of English. Arabic language would be distinct advantage.

    Job Details

    Company/Organization: Commercial Bank of Dubai - CBD

    Employment Type: Full-time

    Job Functions: Investment

    Job Location: Head Office 2668 Al Ittihad Road, Port Saeed, Dubai, United Arab Emirates

    Application Deadline: N/A