FX Specialist

About Emirates NBD

Emirates NBD stands as a prominent market leader throughout the MENAT region, operating in 13 countries and catering to over 9 million customers. It is recognized as the leading financial services brand in the UAE, with an estimated brand value near USD 4 billion. The bank delivers a comprehensive suite of banking solutions including retail, corporate, Islamic, investment, and private banking services, alongside asset management, global markets, treasury, and brokerage operations. Digital advancement is a priority, reflected by the fact that 97% of their transactions occur outside physical branches and the success of Liv, a lifestyle digital bank boasting over half a million users and recognized as the fastest-growing digital bank in the region.

Job Overview

The FX Specialist position involves offering expert foreign exchange advisory services to both internal teams and clients, encompassing currency transactions, hedge strategies, and market trend analyses. The role demands managing client engagement, crafting customized FX solutions, and collaborating intensively with cross-functional teams to strengthen the bank's FX product offerings. Clear and effective communication is crucial in this capacity for teamwork, client interaction, and reporting.

Core Responsibilities

• Deliver expert guidance on FX products, including currency dealings, hedging tactics, pricing standards, and market movements to internal stakeholders.
• Work alongside the Head of FX Products to create tailored foreign exchange solutions and launch new offerings that enhance client engagement.
• Attend internal and external forums and presentations to accurately gauge client needs and provide fitting recommendations.
• Regularly conduct training sessions for frontline employees to boost FX product understanding and sales capabilities.
• Gather and analyze client feedback collaboratively to improve FX product lines.
• Research forthcoming FX market trends and identify growth opportunities.
• Interpret market data to advise clients on currency fluctuations and associated risks.
• Stay updated on industry changes and regulatory adjustments to maintain compliance and market competitiveness.
• Prepare detailed reports and presentations on FX market trends and product performance for senior leadership.
• Coordinate with internal divisions to promote FX product adoption and streamline transaction processes.
• Ensure effective execution of FX transactions and seamless product delivery through cohesive teamwork.
• Track client satisfaction levels and design strategies to enhance overall service quality.
• Generate comprehensive reports on advisories, market developments, and product effectiveness for the Head of FX products and business segments.
• Maintain documentation of advisory procedures, guidelines, and best practices to achieve consistency and adherence to standards.
• Keep meticulous records of client interactions and FX transactions to analyze behavioral patterns.
• Ensure accuracy and timeliness of all reports in alignment with the bank’s reporting standards.

Qualifications and Experience

• Possess 3 to 5 years of professional experience specializing in foreign exchange advisory, client relationship management, or related functions within banking or financial services.
• Hold a Bachelor’s degree in Finance, Economics, Business Administration, or similar fields.
• Certifications in Foreign Exchange, Financial Markets, or equivalent areas are advantageous.
• Demonstrate strong understanding of FX instruments, client relations, and market analytical techniques.
• Exhibit a sales-driven approach with a dedicated commitment to meeting targets.
• Prior experience delivering advisory services for FX products and managing banking client relationships.
• Excellent interpersonal skills with a proven ability to collaborate effectively internally and externally.
• Analytical proficiency in interpreting market data to make informed decisions.
• Attention to detail and dedication to upholding excellent standards in client service and advisory functions.

Additional Information

Emirates NBD offers a dynamic and innovative working environment with extensive career growth prospects and notable employee benefits including flexible work policies enabling remote work when necessary. Interested candidates are encouraged to assess the role requirements and apply if their skill set aligns.