
Senior Officer, FABS Operations
First Abu Dhabi Bank (FAB) · Abu Dhabi
On-site · Abu DhabiFull TimeEntry Level, Mid LevelFinance & Banking
No salary statedPosted 9 hours ago9h agoApply link checked 44 minutes ago
Why we think you can apply
- Employer country
- United Arab Emirates · Abu Dhabi
- Hiring model
- UAE-based role · the employer hires in the UAE
- Work from
- Abu Dhabi · on-site
- Time-zone overlap
- Gulf Standard Time · none needed
Posted 9 hours ago · apply link checked 44 minutes ago
About the role
Responsibilities
- Ensure operational activities comply with FAB and regulatory requirements
- Manage timely receipt of securities and cash through trade administration, settlements, and fund transfer processing
- Identify, analyze, and communicate operational risks from daily security and cash functions
- Mitigate business and operational risk by ensuring accurate and timely completion of Brokerage Operational Functions
- Support asset servicing, reporting, and daily recordkeeping/accounting processes
- Prepare account and market opening documentation including LOAs, POAs, and KYC documents
- Review and resolve client trades and portfolios on Trade Date (T+0)
- Prepare and analyze weekly/monthly reconciliations for corporate actions and client portfolios
- Monitor Margin Coverage Ratio and update Margin Security Concentrated Percentage
- Perform transactional processing and send executed trade confirmations to HNW and Institutional clients
- Maintain up-to-date staff and relatives trading details to comply with SCA rules
Requirements
- Bachelor's degree in Business Administration
- 5+ years of relevant experience in financial services (Brokerage, Equity, Investment, or Financial Markets)
- In-depth understanding of SCA and market rules and regulations
- Strong knowledge of local and international market products and services
- Ability to manage workloads under pressure and meet stringent deadlines
- Excellent interpersonal and relationship management skills
About the Company
First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the world's largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages.
What we look for
- Bachelor's degree in Business Administration
- 5+ years financial services experience
- Knowledge of SCA and market regulations
- Knowledge of local and international market products
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First Abu Dhabi Bank (FAB)Abu Dhabi
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