Riyadh, Saudi Arabia
Saudi nationals are encouraged to apply.
Our client is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.
They are seeking a Portfolio Services Administrator to be part of the Portfolio Services team which sits within operations and is responsible for providing support across our client's Investment Management products with a focus on those accounts managed from Saudi. Products are offered across a range of strategies including global fixed income, liquidity, active equity, real assets, multi-asset and private credit & equity.
We are seeking someone at an Analyst or Associate level.
The team is the primary operations point of contact for the investment teams and covers a variety of functions ranging from reporting to cash management to client services.
Key Responsibilities:
- Monitor and review of daily reconciliation including trade matching and trading posting
- Coordination with all vendors including brokers, custodians, State Street for all operation related daily activities
- Coordination with internal / external auditors, handling local regulator queries and dealing with submission related matters with Saudi Stock Exchange
- Proactively provide day-to-day support to the investment teams and traders
- Involvement in local and global projects
- Prepare and verify trade instructions and mutual fund transactions
- Assist in the integration of new client accounts and products
- Using strong business sense and judgment to identify potential risk areas
- Preparing and submitting all regulatory reports
Experience:
- Skills Required
- Detailed product and instrument knowledge (Equity and Multi-Asset essential)
- Able to efficiently assess problems and provide effective solutions
- Strong attention to detail
- Excellent organisational skills
- Strong business sense and excellent judgment
- Knowledge of the custody environment
- Strong communicator
- Strong risk awareness
- Has proven ability to interact with multiple internal and external functions, including clients and portfolio managers
- Comfortable dealing with senior individuals and management across these functions
- CME 1 Certificate (Capital Market Examination- 1)
- Certificate of IFSAH
