Abu Dhabi, United Arab Emirates

Posted 1 year ago

Black Pearl Consult

Black Pearl is a HR and enrollment organization that gives an all encompassing business and ability arrangement in a moderate, dynamic, and effective way.

Job Vacancy – Investment Administrator (Custody) – Abu Dhabi, United Arab Emirates

Black Pearl Consult – Abu Dhabi, United Arab Emirates

Experience:- As Mentioned

Job Location:- Abu Dhabi, United Arab Emirates
Company:- Black Pearl Consult
Education:- As Mentioned

Nationality:- Any Nationality
Gender:- Male / Female
Number of Vacant Positions:- Not Mentioned

Salary:- Negotiable
Job Type:- Full Time

About Black Pearl Consult

Black Pearl is a HR and enrollment organization that gives an all encompassing business and ability arrangement in a moderate, dynamic, and effective way.

We pride ourselves as a special dark pearl and endeavor to enchant our clients with a customized organization that assists them with pushing towards progress. Whether you really want to track down top ability, your next extraordinary open position, or a counseling answer for dealing with your business, drawing in representatives, developing your work culture, arranging your kin procedure, or resourcing challenges, we can help.

At Black Pearl, we have faith in the force of the human potential and are sure that ability flourishes the most in working environments that offer positive and significant encounters.

By recognizing and understanding your work environment challenges, planning work encounters that make a difference to your kin, and interfacing the best ability with the right organizations, we share your desires and work inseparably for your tomorrow.

About Black Pearl

Job – Investment Administrator (Custody)

Job Description :

Ensuring the timely receipt of securities and cash through management, control, and analysis of domestic/international market practices. Functions include trade status reporting, trade settlements, and securities, foreign exchange, and cash transfer processing.
Resolve internal trade issues on or before the settlement date, prior to depository cut-offs by clearly communicating with Organization’s Middle Office, traders/investment departments, and the custodians.

Communicate issues and take initiative to resolve problems when dealing with internal and external partners and service providers.
Responsible for the timely, accurate, and complete failed trade resolution. Carry out accurate review and resolution of all exception trades by effectively communicating any issues with Organization’s Middle Office, department Cash Management, and the investment department for internal trades and with the relevant investment department and the investment manager for externally managed account trades.
Ensure all custody securities and cash accounts that have been set up with the primary service provider, are replicated at the contingency custody service provider.

Responsible for preparing, analyzing, and reviewing various reconciliation and management reports as well as special custody data-related requests in a timely, efficient and accurate manner.
Identify, analyze and communicate potential operational risk from daily security and cash functions, including securities and/or cash transfers and data discrepancies.
Liaison with the Organization’s legal, compliance and tax units in support of AML / KYC and tax documentation in support of account renewals, new accounts, new market linkages, and necessary tax documentation.

Escalate problems which could have a significant impact on daily operations and/or could adversely affect Organization’s/SPV and partnership relations. Requires appropriate decisions and escalation of critical issues resulting in the safeguarding of the Organization’s/SPV’s assets.
Participate in departmental projects and assist with the development and review for new and/or changes to departmental policies and procedures.
Collaborate within team environment to successfully manage daily work volumes and quality standards.

Perform safe custody control over Organization’s critical/vital documents.
Carry out Service Level Agreement review for each custodian and KPI monitoring on an ongoing basis.
Supporting the overall service delivery of the Organization’s Custody Division via cross‐team co‐operation/communication and implement change effectively.

Ensure the group and divisional risks are identified, assessed and managed to resolution.
Carry out other similar or related duties as assigned by line manager.

Job Qualifications:

Bachelor’s degree in business or equivalent

Claritas Certificate or a similar basic investment qualification
Approx. 3 to 5 years’ experience in trade settlement of listed Equities / fixed income products, corporate actions, account openings and closings
Basic understanding of standard asset classes / investment products.

Proficient Microsoft Office knowledge and experience. Advanced Microsoft Excel skills essential.

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To apply for this job please visit blackpearlconsult.zohorecruit.com.

About The Author

Mohamed Firnas

“🌟 Meet Mohamed Firnas: With over two decades of experience in HR, Mohamed is a trusted advisor known for his strategic insight and compassionate leadership style. He’s committed to creating workplaces where every voice is heard and valued. 💼 Passionate about nurturing talent and driving positive change. Join him on the journey towards building better organizations! #HRProfessional #GulfRegion #Leadership”

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