Employment: Full Time
Responsibility Activities / Duty
Transaction processing / Execution
• Ensure all necessary documentation is completed and per agreed procedural checklists
• Ensure the effective completion of transaction authorization execution ensuring confirmed transmission of instructions through to settlement
• Receive and reconcile all confirmations from counterparties to ensure, accurate and timely transaction completion
• Maintain audit trail and ensure effective archiving of documentation
• Ensure smooth and timely communication of transaction execution details to accounting team prior to execution and post execution to facilitate accurate record keeping
Transaction Settlement and holding reconciliation
• Ensure timely and effective settlement of investment transactions
• Ensure all necessary funding requirements have been considered by Treasury
• Ensure all FX transactions have been executed by Treasury to facilitate settlement
• Ensure monthly reconciliation of holdings with counterparties
Investment management and performance management systems – data management
• Ensure all relevant source data is uploaded or input to CLIENT’s portfolio management, performance management or CRM Systems in a timely and accurate manner
• Complete verification, validation and reconciliations of systems data based on approved procedures
• Investigates, archives, sources, collate, verify and reconcile historic data and upload into CLIENT’s system to ensure full data history is loaded, organized and maintained in an accurate and logically accessible manner
• Actively contribute in the efforts to improve CLIENT’s management and performance system in a logical and systematic manner
Investment pricing / valuation
• Ensure accurate asset pricing from agreed sources
• Complete monthly revaluation of assets and ensure effective communication of asset pricing to accounting team
• Ensure accurate records and evidence of monthly asset valuation is stored and archived in a central location
Corporate Actions processing
• Ensure the effective tracking, accuracy checking and recording of corporate actions and interest flows
• Ensure all corporate actions requiring decisions are referred to investment management in a timely manner for execution
• Follow up on settlement of corporate action receipts and distributions providing advance notices to third parties where necessary of receipt of cash or stock
• Provide timely information to accounting team of dividend and interest inflows to facilitate accurate accounting
• Prepare forecast of expected corporate action events annually updated quarterly
Treasury operation support
• Work closely with Treasury team to ensure efficient and effective transaction execution and settlement
• Provide forecast cash flow information on a periodic basis to the Treasury team
• Liaison and relationship management
• Create effective relationships and ensure effective communication with internal investment management and risk management team to ensure that internal requirements are met
• Manage effective relationships with external custodians and banks to ensure that service providers are supplying effective services
Taxation management
• Act as liaison for external tax advisory services ensuring that tax advice on new transactions is communicated to the legal and investment management teams for review
• Monitor outsourced provider performance on accuracy and timeliness of tax return services for US federal and state tax returns and any other non-US tax filing provisions
Management Reporting
• Review requirements tailor reports to meet executive requirements
• Produce monthly management reporting in a timely and accurate manner
• Assess potential improvements to reporting formats and delivery mechanisms
• Develop dashboards and reports
• Complete adhoc reporting on request
Research and analysis
• Provide research and analysis and actively seek to reduce transaction costs
• Complete adhoc research and analysis projects on request
Policies and procedures
• Ensure the accurate completion of documentation of process charts
• Prepare and review policies and procedures and make recommendations for changes
General Coaching and Mentoring
• Assist in coaching and mentoring of UAE Nationals in relation but not limited to the Investment Operations function
• Assist in coaching all employees and managers on Investment Operations policies and practices as and when required
General Maintenance of the Department
• Assist in ensuring that the department constantly delivers high quality service and output in a timely manner to both internal and external stakeholders
• Assist in actively finding ways to make the department more process and cost efficient
• 7 – 10 years’ of industry experience
• Have direct experience in a middle and or back office environment one of the following:
• Operations function at Asset Management with diverse portfolio of holdings across asset classes
• Operations function at a Global Custodian
• Operations function at a major UAE Bank
• Operations function at an Outsourcing Service Provider
• Familiar with the formation and rating of SPVs
• Familiar with the completion of standard KYC and AML documentations
• Familiar with business practices and culture in the region
• Excellent leadership, interpersonal skills and project management
• In-depth Investment expertise across all processes
We lead in the creation and delivery of innovative workforce solutions and services that enable our clients to win in the changing world of work.
ManpowerGroup powers the success of many of the world’s most dynamic organizations. We deliver innovative workforce solutions that enhance competitiveness, increase efficiency and spur productivity. Combining global reach with local expertise – 3600 offices in over 80 countries – we know the changing world of work and bring a deep understanding of the companies we work for and the industries we service.
ManpowerGroup entered the Middle East in December 2007 after acquiring local company Clarendon Parker, thus bringing 15 years in-depth local knowledge combined with a global footprint and industry shaping expertise and thought leadership. Manpower Middle East supports clients in the Middle East and North Africa regions. Our business is aligned to key skill specializations to ensure our clients requirements are met by expert and knowledgeable consultants that understand your industry and role requirement.
Our consultants are experts in finding the right talent across all industries in a broad-range of occupations including:
- IT & Telecommunications
- Engineering & Construction, Oil & Gas
- Banking, Finance & Legal
- Sales & Business Development
- Marketing, Public Relations & Communications
- Human Resources & Training
- Customer & Support Services (Secretarial and Administrative)
- Operational, Supply Chain & Logistics
- Executive Recruitment
- Emiratization Solutions
- Recruitment Program Outsourcing Solutions
- Managed Service Provider Solutions
- Talent Based Outsourcing Solutions
- Outsourced Staffing Solutions
Source: Job Posting - gulftalent.com
