SENIOR OFFICER - OPERATIONS
Posted on :
20-07-2022
Employer Active
1 Vacancy
The job posting is outdated and position may be filled
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Jobs by Experience
4 - 0 years
Monthly Salary
KWD 1 - 100
Nationality
Any Nationality
Gender
N/A
Vacancy
1 Vacancy
Posted on :
20-07-2022
Job Description
Req ID : 1257978
- Initiate the process for any KYC update requests or new account opening requests.
- Ensure all NIC-related bank statements are sent to the finance department for reconciliation.
- Ensure to send a copy of the bank statement to the settlement sector after any client-related payment is reflected in the account statement.
- Carry out the daily reconciliation of the bank accounts and maintain a record.
- Create and process all foreign exchange & money market deals in IMAL.
- Create and process all customer-related foreign exchange deals in IMAL.
- Calculating the profit & loss for all foreign exchange deals concluded by TIS.
- Matching all foreign exchange incoming and outgoing SWIFT confirmations and reporting any mismatch to the superiors.
- Feeding daily exchange rates in excel and distributing them to all departments.
- Monitor TIS counterparty limit is not breached, and report any breach of limits to the management.
- Ensure midday and end-day activity is carried out in a timely manner to ensure all SWIFT messages are network acknowledged taking into consideration cut-off timings and different geographical locations of counterparty banks.
- Ensure all SWIFT Messages for value date are network acknowledged.
- Ensure the fund transfer forms received from other sectors are complete and authorized by the respective sector heads or any authorized person.
- Creation of SWIFT Messages related to the investments, expenses, fees, etc. for the company as well as payment to portfolio clients is in compliance with the policy and procedures.
- Ensure to send a copy of all the processed swift messages related to the sectors.
- Ensure to send a copy of the processed original transfer request to the concerned department including the finance department.
- Creation of SWIFT messages for inquiries with our correspondent banks.
- Processing dividend payments, redemption, management fees/ deductions, and client payments upon receiving the instructions from the settlement department or any other department.
- Process and manage cash and cheque receipts including maintaining and updating the log in a timely manner.
- Manage petty cash payments and receipts in compliance with NIC’s policy and procedure.
- Pass Aluma and IMAL entries related to the incoming and outgoing transactions.
- Manage cash deposits and Cheques to the banks and Issuance of cheques as per the request of the departments in compliance with NIC’s policy and procedure.
- Ensuring all work is carried out in compliance with Central Banks regulations, Capital market Authority regulations, Anti-money laundering regulations, and NIC’s Policy and Procedure.
- Other activities as assigned by the management.
Employment Type
Full Time
Company Industry
Key Skills
Report This Job
Disclaimer: Drjobs.ae is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.
