Senior Operation Processor

Role: Senior operation processor
Location: Abu Dhabi                          
Role Purpose:
Processing of Structured & Wealth management transactions initiated by Wealth Management department. Ensure Adequate record maintenance, Reconciliations of portfolios, MIS reporting, system improvements. For WM, ensure timely settlements; update correct NAV, posting of vouchers, ensure proper allocation of Units and cash for subscription/redemption. Provide support to FX, MM & CM teams.
    
Key Accountabilities of the role:     
 

1. Verify and Process WM transactions end to end, after proper verification of source documents. 
2. Monitoring daily settlements, periodic returns, accounting entries, follow ups in case of non-receipt of due funds and Securities. Ensure timely settlements, update correct NAV, proper allocation of Units and cash for subscription/redemption 
3. Manual posting of vouchers for WM primiparity and, FX, MM and Capital Markets and derivatives products as and when support required. 
4. Adhere to ADIB policies, procedures, sharia guidelines, and standards 
5. Support on Capital Market and Derivatives products processing.) PRS, Options etc.)     
6. Checking reconciliation of transactions / accounts / GL’s, taking corrective action on outstanding items and escalate any long outstanding items. 
7. Perform month end activities 
8. Periodically evaluate the TIFO operational processes and recommend to line management, suitable changes to improve efficiency and controls 
9. Maintain discipline, punctuality, good team spirit and service standards. 
10. Undertake any additional assignment / task entrusted by line management and complete them on target dates. 
11. Provide support to other units (FX, MM, CM) 
12. Maintain proper and organized filing of department records including all new agreements received from business (preparing new templates). Arrange to send records to CCU for archiving. 
13. Undertake training programs to improve knowledge in order to enhance role performance 
14. Maintain proper time standards, good team spirit and service standards 
15. Ensure compliance to ADIB policies, procedures, sharia guidelines and standards. 
16. Assist to earn satisfactory audit rating from regulators, Internal Audit and Sharia 
17. Undertake additional assignments/projects entrusted by the line management and complete them as per target dates. 
     

Specialist Skills / Technical Knowledge Required for this role:
 

Profound knowledge towards TIFO products, preferably Investments / WM