Operations Manager

Primary responsibilities:

1. Prepare or review instructions to banks for all investments transactions (new, renew, cancel, reduce, mature Murabaha and subscription/redemption with other funds).
2. Prepare or review transfers to clients for their redemptions from funds whether manual or through internet.
3. Review all investment transactions related to investment funds and discretionary portfolios recorded on system.
4. Review the instructions for cash management movements through investment funds and discretionary portfolio bank accounts.
5. Prepare banks cash position reports on a daily basis.
6. Prepare settlement instruction either RVP or DVP with sub custodians.
7. Prepare the daily security reconciliation report.
8. Record corporate action events on system and follow up execution of transaction with related parties.
9. Record all the daily portfolios/funds investment transactions in system.
10. Prepare NAV calculation reports on valuation dates.
11. Prepare Monthly & Quarterly reports which to be sent to the regulators.
12. Perform reconciliations with banks, sub-custodians, and brokers and follow up settling all discrepancies.
13. Handle dually out & in safe keeping vault and update related registers.

Job Type: Full-time