Senior Associate - Wealth Operations (Mashreq Global Network Pakistan)

About the job

Job Purpose

• Ensuring all trades are processed as per SOP adhering to the cut-offs.
• Ensuring all trades are settled within the stipulated cut-offs.
• Good Knowledge for Trade settlement activities related to Bonds, Equities & Mutual fund processing.
• Experience in Allfunds, custodian handling portal
• Promptly revert to customer and RM queries
• Ensuring all reconciliations are completed on time and exceptions are identified and resolve the securities and cash breaks on timely manner.
• Assist in revision of SOPs for all related processes.
• Periodically assist in the training of the new staff in the team
• Ensuring ONR MI is sent on a daily basis and ageing items are escalated.
• Ensuring all MI reports for Business, Quality and Sales Governance are compiled within the agreed TAT

Key result Areas

• Processing transactions accurately and timely
• Exception Identification
• Training & Testing
• Recommending additions and modifications to Process/Policy/SOP
• Recommending improvements in operational procedures and risk areas from time to time
• To interact on daily basis with the :
• Internal staff within the the team
• Team Leaders
• Relationship Managers
• Internal compliance
• Process all trades with strict adherence to SOP
• Escalation of exceptions to Manager
• To ensure compliance to specified procedure.
• Ensure error free processing of cases.
• Review of the Quality reports and collectively review the corrective action plans
• Approval of cases under delegated approval authorities

Knowledge, Skills and Experience

• Graduate with 3-4 years of work experience in Securities Operations especially in end-to-end trade settlement process- Equity, Bonds & Mutual Funds.
• Excellent analytical skills
• Sound interpersonal skills.
• Good PC skills, with advanced proficiency in MS Excel.
• Ability to problem solving and work independently.
• Should be customer focused and achievement oriented.