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Let our industry specialists listen to your aspirations and present your story to the most esteemed organizations in the Middle East, as we collaborate to write the next chapter of your successful career.
The Middle East’s leading employers trust us to deliver fast, efficient hiring solutions that are tailored to their exact requirements. Browse our range of bespoke services and resources.
My client, one of the regions biggest banks, is launching their Asset Management & Investment division within the Kingdom of Saudi Arabia.
They are seeking Assistant Managers to work in the Middle Office Operations team, supporting business areas such as the Asset Management business the SEO, Investments, Trading, Real Estate & Products as well as control functions like Compliance, Audit, Operations Risk and Wealth Management Risk.
The successful candidate will support the roll out of new products, ensuring regulatory adherence and reporting with respect to suitability and appropriateness for Investment activities.
Other responsibilites;
Trade execution related governance and independent oversight on key control areas of the Trading desk.
Responsible for the investment governance framework across all funds and mandates.
Responsible for ensuring that policies and governance framework for the Asset Management Business are meeting the required standards.
Responsible for the asset servicing, reference data and transfer function.
Maintenance of Rules in Advent Rules Manager for funds and Segregated Managed Accounts
Monitoring of Advent Rules Manager rules override (Investment Guideline Monitoring).
Concentration monitoring across counterparties, securities, large investors.
World Check on securities prior to set up and ongoing maintenance.
Broker DD, onboarding and periodic documentation support.
Risk Management - Monitoring of tracking error with escalation thresholds.
Timely and accurate reporting to committees as per escalation matrix.
Ensure portfolio / fund guidelines are clarified and implemented.
Compiling data for fund fact sheets.
Limit monitoring on Segregated Managed Accounts.
Collaborate with Business in understanding their requirements and delivering middle office support to enable product rollout.
Identifies areas of improvement in Processes and operational systems and pursues those improvements till its completion. This could be as projects which he participates in or as adhoc enhancements.
Demonstrates a “Customer comes first” attitude by training and holding the team members accountable for delivering the right customer service whether internal or external. This is the key business proposition of any Private Bank to service the client in a special way catering to quality, sensitivity, confidentiality and timeliness on client requests.
Develop, motivate and effectively manage subordinates to ensure high quality business support services. Encourage communication channels to increase team engagement.
Ensure team development through regular training events and meetings with management for best practices.
Establish vision, direction, and specific objectives for team efforts; encourage collaboration.
Be the custodian of Standard Operating Procedures for the business.
Engagement with auditors – be the central coordination point for the business.
Manage risk oversight function in line with the risk mandate approved by the Board.
Engagement in Operational Risk and Control Assessment in liaison with Group Operational Risk.
Timely reporting of Ops loss / gain incidents to the group.
Annual risk report submission to the Board in coordination with Group Risk.
Compiling Internal Risk Assessment Process and Internal Capital Adequacy Assessment Process) documents annually for CMA.
Overseeing the risk appetite statement for Asset Management – timely reporting of key risk metrics and management thresholds.
Robert Walters Middle East is currently working with a leading family holding group. They are looking to hire a Senior Associate to join their team. This position is based in Riyadh.
My client, one of the regions biggest banks, is launching their Asset Management & Investment division within the Kingdom of Saudi Arabia.
They are seeking a Senior Manager to lead the Middle Office Operations team, working closely with stakeholders within the Asset Management business like the SEO, Head of Investments, Head of Trading, Head of Real Estate & Head of Products as well as control functions like Compliance, Audit, Operations Risk and Wealth Management Risk.
This role offers the chance to make a significant impact in shaping and driving strategic partnerships, fostering collaboration and understanding between public and private sectors. The successful candidate will be at the forefront of innovative partnership models
* Lead strategic planning and execution of PPP
* Drive innovative partnership models contributing to societal growth
* Dynamic work environment with opportunities for professional growth
Come join our global team of creative thinkers, problem solvers and game changers. We offer accelerated career progression, a dynamic culture and expert training.