Associate, Regional Margin Desk

Purpose

Responsible for monitoring the financial and asset position of the margin clients and the firm’s margin portfolios in the UAE, KSA, Kuwait and OLT.

Responsibilities

1.Conduct margin calls with clients who exceed the acceptable margin percentage.

2.Calculate client’s margin interest and compare it to the commissions generated on a monthly basis and send monthly country reports to change/waive margin.

3.Responsible for the credit assessment & suitability report for KSA, UAE, Kuwait and OLT.

4.Produce requested reports for the local regulator and exchange and send weekly and monthly market reports.

5.Support with:

a.approving OLT products on Saxo tools.

b.approving the new structure products for trading.

c.creating and updating margin securities lists in UAE, Kuwait and KSA.

6.Ensure compliance with all applicable AML/CTF rules and regulations as required in the conduct of the role.

7.Ensure timely completion of all relevant AML/CTF training provided by the Group.

8.Ensure response to AML, CTF & sanctions inquiries in a timely manner.

Job Requirement

1. Bachelor’s degree in business administration, Finance, Economics or other related disciplines.
2. 2 - 4 years’ experience in a similar role.
3. Proficient in Microsoft Word and Excel.
4. Can multitask and prioritize assignments and requests.
5. Good command of the Arabic and English.
6. Good communication skills (written, verbal and listening).
7. Able to build partnerships and work well in teams.
8. Detail oriented; works with a high degree of accuracy.
9. Can identify problems and refer/escalate complex issues to a higher level.
10. Ensure deliverable are always of a high quality.
11. Able to work independently and under pressure, while maintaining attention to detail.

“Thank you for your interest in applying to EFG Hermes. Due to the high volume of applications/interest, please note that we are only able to respond directly to applicants that are shortlisted for interviews.”