Officer Investment Operations

Propel Consult

Saudi Arabia

Ref: LP127-936

Job description / Role

Employment: Full Time

Our client is a leading Joint Stock company in Saudi they offer wide ranging investment services for individuals and corporate. In 2014 their capital was over SAR 800,000 million. They are currently looking for an Officer Investment Operations

Duties & Responsibilities:
- Responsible for Fund Administration AND NAV Calculation in accordance with company policies and CMA/SAMA rules and regulations.
- Perform Fund Accounting in line with the established rules and guidelines of the company and regulatory body
- Generate regulatory and MIS report requirements for analysis and decision making
- Supervise Fund Back Office Processing / Unit holders Registry maintenance (subscriptions, redemptions, switches etc)
- Coordination with other department, banks, brokers and related parties to accomplish fund administration tasks as deemed necessary for the day to day business of IO department
- Update and prepare the operational manuals, process notes, process check lists, fund accounting manuals, process mapping, operational risk policies, SLAs with other department to ensure that it confirms with current company and regulatory requirement and practices
- Identify performance gaps of each IO staff and assess training requirement to enhance skills needed performance of investment operations daily business requirement

Requirements

- Degree in Finance or Accounting
- 5 -10 years experience in investment operations
- Financial Application Knowledge
- NAV Calculations Knowledge
- Well verse in Fund Management and Administration
- Knowledge of stock market trade and CMA/SMA rules and regulation

About the Company

Propel Consult delivers a service in step with the needs of both our client companies and candidates. Our ability to add value to all levels of recruitment stems from our wholehearted belief in providing a professional service to both parties. We have built relationships with many leading indigenous and mulitnational organisations throughout the Middle East and internationally in countries such as UAE, Qatar, Saudi Arabia, Oman, Bahrain, Kuwait, Egypt and many more. Concentrating our resources has created 5 distinct specialist divisions:

  • Banking & Finance
  • Human Resources
  • Oil & Gas
  • Construction
  • Architecture & Engineering

Get personalised updates on latest vacancies
Job Alerts by Email
  • Personalised updates on latest career opportunities
  • Insights on hiring and employment activity in your industry
  • Typically sent twice a month