Officer Asset Management - Administration

Job description / Role

QNB Group, the biggest bank in Qatar, and a leading financial institution in the Middle East and Africa, is looking to hire a Officer Asset Management - Administration, to meet the requirements of the expansion of its office in QNB - Qatar//Doha.

QNB Group’s presence through its subsidiaries and associate companies now extends to more than 30 countries across 3 continents, providing a comprehensive range of products and services. The total number of staff is more than 28,000 operating from over 1200 locations.

Role Summary:

The incumbent will perform asset management custodian services, maintain asset management records and prepare reports pertaining to asset management activities as per the delegated authority.

Role Description:
• Provide timely asset management custodianship services to various stakeholders.
• Provide timely and accurate information to the external and internal auditors when required
• Maintain asset management documents (e.g. licenses, prospectus, articles of association, reports, records, etc.).
• Perform subscription processing, certificate issuance and maintenance of the investor database as per the delegated authority and QNB’s designated asset management role.
• Record the purchase/sale of investments originated from fund/ portfolio managers, based on their written instructions and confirmed by the brokers/ banks.
• Periodically review all transactions done by the fund manager for the account of the fund and the changes in the rights of the fund certificate and the record of investors as per the articles of association.
• Input data into the asset management database based on documents such as the prospectus, articles and term sheet and notify the Head of Asset Management of any missing data or information.
• Prepare net asset value computations and other periodic reports for the Head of Asset Management’s review.
• Record fund investments and exposure exceptions and notify Head of Asset Management for escalation.
• Log queries/problems of fund managers, brokers, security markets and bank’s internal departments and escalate where necessary for timely resolution
• Maintain utmost confidentiality.
• Comply with operational policies and procedures, document retention requirements and set security procedures.

Requirements

• Bachelor degree in Accounting or Banking & Finance.
• 2-3 years experience in investment banking, preferably with previous experience in asset management.

About the Company

QNB Group is the biggest bank in Qatar, and a leading financial institution in the Middle East and Africa is hiring.

QNB Group’s presence through its subsidiaries and associate companies now extends to more than 30 countries across 3 continents, providing a comprehensive range of products and services. The total number of staff is more than 28,000 operating from over 1200 locations.

QNB will assist you to take charge of your career with rich and varied opportunities to experience different parts of our global business and develop a valuable portfolio of skills and knowledge.