Kuwait Finance and Investment Hiring for Trader Trading Desks at Kuwait City, Kuwait Full Time

Job Description

Role Objective:
1. To be a central point for purchases and sales of shares for KFIC as well as client accounts and achieve a return greater than the average
market tail wind factor
2. To be a central point for purchases and sales of shares for own as well as client accounts.
Key Responsibilities & Accountabilities:
S
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1. Not Applicable
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1. Contribute to the achievement of strategy and business plans of the Asset Management division
2. Assist the Head of GCC Equity Markets and Asset Management Division in developing the policies and guidelines with respect to
trading
3. Collect market intelligence on the target market to facilitate the process of identification and selection of stocks to trade in
4. Monitor relevant financial markets on an on-going basis to determine the best opportunity to make the buy or sell decisions
5. Take instructions directly from clients and place orders; Advise client on market developments and new financial ventures
6. Analyze economic data, carry out technical analysis, cross-asset correlations and identify undervalued and overvalued stock prices
7. Communicate with brokers, placing buy and sell orders, trading stocks on electronic networks and completing required paperwork
8. Counsel clients on their financial goals, establishing guidelines as to how aggressively or conservatively they would like to play the
stock market
9. Coordinate with portfolio and fund managers and develop the long-term trading strategy and obtain approval from top management
10. Plan the day to day trading activities and ensure that settlements in respect of all trades are carried out accurately in a timely manner
11. Monitor investments and recommend exit based on information and research and stop loss / profit levels
12. Ensure analysis of fund investments is carried out to determine prudent asset re-allocation opportunities to generate additional yield
or minimize investment risk
13. Coordinate with Research Analysts to identify opportunities for short- and long-term investments as well as for exiting from
investments
14. Coordinate with RM & Compliance Division to ensure that the risk position is within acceptable levels
15. Report regularly on department’s performance to the EVP Asset Management and the GCC Equity Markets’ Manager
16. Provide ad-hoc reports requested by management on performance and other related areas
17. Network with brokers, regulators, traders, and clients on a regular basis
18. Support awareness and promotion of the KFIC’s products and services in all its target markets
19. Assist the management in any other tasks as required by business.
P
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1. Establish good relationships with the staff of the supplier company.
2. Maintain the confidentiality of company and customer information.
Kuwait Finance & Investment Company
Trader – Trading Desk
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Education & Qualifications: Experience:
Bachelor’s Degree in Finance or Accounting A minimum of 0-2 years of relevant experience
Language Skill: Computer Skills:
Fluent in English and Arabic MS Office
Other conditions:
Valid work residency in Kuwait