Duties and responsibilities:
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Oversee and validate back office operations and
activities to ensure accuracy of transactions and guarantee an efficient
workflow
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Control the regulatory reports sent to CMA on a
monthly basis
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Verify the opening and closing of client and
correspondents accounts in order to confirm precision of the process
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Handle all administrative procedures with
correspondents and brokers to ensure back office processes are implemented in
the most efficient manner and according to preset standards and workflows.
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Identify discrepancies in trade data entry,
trade recording, clearing or settlement processes.
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Process bank’s client operations as transaction
settlements and cash transfers
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Monitor the maintenance of records related to
client transactions and interaction in order to support the effective provision
of financial services across the organization.
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Validate trades and swift messages, review matching of
tickets with the Back Office system and investigate discrepancies &
mismatched trades to ascertain these are not repeated, and relays the concerned
for proper investigation and corrective action
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Ensure strict departmental abidance by local and
international requirements, through continuous monitoring of the work and
reports of team as well as proper data clearance and registration and
maintenance of financial information, by continuously analyzing intra-day
client P&L and the effect of market risks on portfolios
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Develop of existing reports in order to maximize
control tools and hence answer the client’s and management requirements
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Propose enhancements on cross-departmental workflows
to maximize work efficiency
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Profile:
·
3-5 years of experience in
a financial institution or investment bank
·
Able to adapt and respond
to change
·
Very good analytical and
communication skills
·
Strong team player