Opportunities from Abu Dhabi Investment Council Careers

Full Job Description

ADIC is seeking a Senior Execution Trader (VP) to join the Public Markets Execution Trading team. The role will primarily focus on execution across global macro market landscape, with particular emphasis on derivatives-based implementation in interest rate and foreign exchange markets, and across synthetic credit instruments. The successful candidate will support trading activity across public market exposures and an in-house multi asset overlay function. This is a front-office role requiring strong market judgment, execution skill, relationships with dealer desks, derivatives knowledge, and the ability to operate across both developed and emerging markets. The candidate should understand how derivative instruments differ from cash instruments in terms of liquidity, funding, margining, collateral, counterparty exposure, balance sheet usage, and implementation efficiency. A strong candidate will also bring a broader portfolio mindset and a strong understanding of non-linear products like options.

Key Responsibilities:

• Execution Trading

• Lead the execution on synthetic credit instruments, including CDS, CDX, iTraxx, credit index options, and total return swaps.

• Work with portfolio managers to design the execution strategy for interest rate and FX markets, with a strong focus on options trading.

• Support the in-house multi asset overlay function by executing on tactical and strategic asset allocation decisions across liquid global markets as well as portfolio rebalancing activity.

• Provide execution support for long-only public market portfolios, external hedge fund exposures, and hedging programs.

• Assess optimal implementation routes across futures, swaps, forwards, and options, with clear understanding of trade-offs between liquidity, cost, funding, basis risk, margin usage, and operational complexity.

• Monitor market liquidity, bid-offer conditions, dealer balance sheet constraints, clearing costs, roll costs, convexity, carry, and basis relationships across derivative instruments.

• Work closely with operations, legal, compliance, risk, and counterparties to ensure smooth execution, confirmation, settlement, collateral management, and post-trade processing.

• Ensure trades are executed in line with internal policies, risk limits, compliance requirements, and best execution standards.

• Contribute to trade cost analysis, execution quality monitoring, counterparty performance assessment, and liquidity analysis.

• Support the development of tools and dashboards for monitoring execution performance.

• Help institutionalize trading processes as the fund’s public markets platform continues to grow in complexity and sophistication.

• Market Intelligence and Advisory

• Provide timely market color on global rates, credit, FX, liquidity, funding, and macro conditions.

• Maintain strong relationships with dealers, brokers, liquidity providers, execution platforms, clearing brokers, and financing counterparties.

• Maintain strong understanding of ISDA, CSA, clearing, margin, collateral, and counterparty risk considerations.

• Advise internal stakeholders on execution timing, market depth, liquidity windows, transaction costs, and potential implementation risks.

• Monitor global DM and EM markets, including policy rates, yield curves, credit spreads, sovereign risk, currency pressures, and cross-asset market dynamics.

• Monitor funding stress, dealer balance sheet availability, cross-currency basis, repo conditions, and derivative margin requirements.

• Provide market color to senior management during volatile periods, including liquidity conditions, execution feasibility, hedging costs, and potential implementation risks.

• Contribute to discussions on tactical asset allocation, hedging, portfolio construction, and macro risk management.

• Where relevant, support portfolio management activities, including trade structuring, risk sizing, scenario analysis, and relative value assessment.

Requirements

• Experience
• Approximately 7–10 years of relevant experience working at an asset manager, hedge fund, sovereign wealth fund, pension fund, bank trading desk, or multi-asset investment platform.
• Strong hands-on experience executing across global markets with focus on derivatives and options trading.
• Experience working with portfolio managers, asset allocation teams, risk teams, treasury teams, operations, and external counterparties.
• Prior exposure to portfolio management or risk-taking responsibilities would be a strong advantage.
• Experience supporting dynamic asset allocation, overlay portfolios, hedging programs, or tactical macro strategies.

Qualifications And Requirements

Mid-Senior level

Mid-Senior level