banking jobs in UAE | ADIB Bank emirates careers
ADIB Bank announced, through its Linkedin account, a bank job in uae (Manager - WM Middle Office) according to the following:
- Manage and contribute to the overall competence of the WM Middle Office unit by effective leadership and productive actions leading to error-free and solution-oriented middle office functions and efficient governance and controls outcome.
- Oversee end to end process of the Middle Office functions towards the Wealth Management investment products.
- Conduct a vigilant inspection of all investment transactions processed through the WM system such as Subscription, redemption, payment freezing or unwinding, and ensure compliance with bank policies
- Investigate and resolve/escalate order execution related issues in a timely manner.
- Support the wealth management team & ensure smooth flow of the customer’s investment transactions.
- Monitor customer / Investor transactions/orders on WM system to identify the necessary/required changes
- Build internal relationship with stakeholders (Retail/PB/Sharia/Marketing/Treasury/FCD etc…) for smooth handling and administration of the investment products. Look after the process note & necessary approvals
- Follow up regularly with all Priority RM for deals perfection on system
- Ensure compliance to ADIB policies, procedures, guidelines and maintaining high standard of internal controls.
- Ongoing coaching and training for WM Middle Office team to ensure that all relevant controls and processes are being implemented as agreed.
- Monitor operational transactions/ activities at a high level to identify any arising risks and controls to be adhered to or changes to the existing process.
- Participate and take part in the digitalization / automation of product-related processes and regulatory requirements and checks.
- Reporting of identified issues / incidents in GRC system along-with the Action Plan.
- RCSA – Perform periodic control testing as assigned, for the respective section of the department and ensure timely submission of the assessment.
- Review and ensure all periodic reconciliations between systems and Service Provider(s) are performed.
- Coordinate with Group Internal Audit and Sharia Audit team during the audit period to secure Satisfactory Audit rating.
- Completion of assigned tasks efficiently & in a timely manner.
- Take part in any Operational/ MIS/ Reporting activities as deemed necessary by the Head of Department.
- Develop, draft, write up and review new SOP’s as required for the department and as required by any governance authority
- Periodic review of the current existing SOP’s/Processes and ensure updates as required or as deemed necessary by the ongoing business changes.
- Undertake any additional assignments / projects entrusted by the line management and complete within timelines agreed.
- Good knowledge of investment products
- Effective communication, business/performance driven
- Excellent communication/interpersonal skills
- Must be a problem solver and empathetic to investor needs
- Must be degree holder or equivalent.
- Ability to work in a fast-moving and complex environment while meeting deadline
- Ability to apply possible scenarios and view potential risks
- Complete knowledge and understanding of the operational function including control functions.
- Ability to foresee and implement system changes and enhancement.