Sorry! This position is no longer accepting applications.

Middle Office Operations - Associate

Michael Page

UAE

Ref: HP350-5036

Job description / Role

Employment: Full Time

The role is buy-side, middle office operations focusing on processing global equity investment and fixed income instruments including but not limited to: stocks, bonds, CFDs, CDSs, IRSs, FX forwards, Futures. in terms of accounting and other operations.

Client Details

The client is an asset management company, headquartered in UAE with offices in UAE, KSA and UK. Their current investors include international endowments and GCC based institutional clients with a total AUM of approximately USD 2Bn.

Description

Reporting to the Risk and Controls Manager, the role will have the following responsibilities:

* Production of daily, weekly and monthly NAVs, ensuring completion of specified tasks per NAV checklists
* Identify and investigate break items on reconciliations in a timely manner
* Escalate fund accounting issues and aged items to the Financial Controller
* Ensure all positions are priced correctly
* Verify corporate actions to ensure accurate processing
* Check and release trades from OMS to PMS
* Trade Affirmation on OMGEO CTM for all cash trades
* T+1 reconciliation of Trades, Positions and Cash in PMS
* Managing end-to-end settlements process and liaising with PBs, GCs and brokers
* Coordinate with external audit counterparts for production of annual financial statements

Job Offer

* Great work life balance and global experience

Requirements

The successful candidate should have the following:

* A bachelor's degree in Accounting/Finance or equivalent
* CA/ACCA/ACA/CPA is preferred
* A minimum of 5 years' of experience in middle office operations and/or fund accounting at a international or local asset manager or bank
* Strong communication skills

About the Company

Michael Page is one of the world’s leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.

The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:

Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal

The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.

Get personalised updates on latest vacancies
Candidates who applied for this job also applied for:
Team Admin / Office Manager
Tiger Recruitment
Dubai 17 Nov
Job Alerts by Email
  • Personalised updates on latest career opportunities
  • Insights on hiring and employment activity in your industry
  • Typically sent twice a month
Associate salaries in UAE

Average monthly compensation
AED 6,500

Breakdown available for industries, cities and years of experience